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Bloated array of ETFs results in liquidations |
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If you sell prior to liquidation, you may have to deal with a pretty wide bid/ask spread and decide whether you
want to take what's offered. Otherwise, you can just hold out for the liquidation process and receive the true value of the
underlying securities. You'll also be responsible for capital gains taxes and, if you've owned the fund for less than a year,
you'll have to pay at your ordinary tax rate.
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Performance of some popular midcap ETFs |
|
Net
assets: |
$130,590,000 |
$82,360,000 |
$10,182,482 |
$385,640,000 |
| Avg. daily volume
(3 mos.) |
20,537 |
21,557 |
919 |
74,237 |
| Expense ratio |
0.30% |
0.63% |
0.25% |
0.13% |
| Yield |
2.73% |
1.46% |
2.33% |
2.45% |
| Number of
holdings |
127 |
75 |
217 |
270 |
| Top 5 sectors |
30%
financials;
16.12% utilities;
15.78% consumer goods;
12.21% industrial materials;
8.69% consumer services |
22.67% financials;
20.18% consumer discretionary;
16.30% consumer staples;
6.81% information technology;
6.48% health care |
35.02% financials;
15.3% utilities;
10.97% consumer discretionary;
10.07% industrials;
8.34% materials |
27.5%
financials;
15.6% consumer discretionary;
10.7% industrials;
9.5% utilities;
8.2% information technology |
| Fund inception |
6/28/2004 |
3/3/2005 |
11/8/2005 |
8/17/2006 |
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