Exchange Traded Funds "ETFs"
The American Stock Exchange lists Exchange Traded Funds (ETFs) on a number of broad-based indexes — each designed to provide a single value for the aggregate performance of a number of companies representing a broad group of industry and market sectors. Investors can buy or sell (i.e., trade just like stocks) any of the broad-market or benchmark indexes. The more popular ETFs are:
DIAMONDS Trust Series I – is based on the Dow Jones Industrial Average
SPDR Trust Series I – is based on the Standard & Poor’s 500 Composite Stock Price Index
QQQ "Nasdaq-100 Index Tracking Stock"
Nasdaq-100 Trust Series I – is based on the Nasdaq-100 Index
A complete list of ETFs are provided on the AMEX.com web site.
Below is an introduction to the overall performance of using our system as compared to the buy & hold strategy of investing in the ETFs: