ETF Symbol: Price 110.21 Volume 127600 Avg Vol 461940 RSf 23.6 $Vol(21d) 39m 52 wk High 110.23 52 wk Low 110.06 (as of 2010-09-09) Total Returns: 1 day 0.0% 5 day 0.0% 1 month 0.0% 3 month 0.0% 6 month 0.1% 9 month 0.1% 1 year 0.1%   Compare Funds: Correlated Group: Fixed Income (View cGroup) (All Groups)

Correlated Funds

Most Correlated   Least Correlated iShares Diversified Alternatives Trust ALT 0.21 CurrencyShares Euro Trust FXE -0.12 iShares S&P National Municipal Bond Fund MUB 0.17 ProShares Ultra Silver AGQ -0.12 iShares Barclays 1-3 Year Treasury Bond Fund SHY 0.17 iShares Silver Trust SLV -0.12 PowerShares DB Agriculture Dbl Long ETN DAG 0.16 ETFS Physical Silver Shares SIVR -0.12 iPath DJ AIG Grains ETN JJG 0.15 Vanguard Interm-Term Corp Bd Idx ETF VCIT -0.12 Vanguard Short-Term Bond ETF BSV 0.14 iShares Barclays 1-3 Year Credit Bond Fund CSJ -0.13 Vanguard Short-Term Corp Bd Idx ETF VCSH 0.14 iPath DJ AIG Natural Gas ETN GAZ -0.16 PowerShares DB US Dollar Index Bullish Fund UUP 0.13 United States 12 Month Natural Gas UNL -0.16 SPDR Barclays Short Term Municipal Bond ETF SHM 0.13 CurrencyShares Swiss Franc FXF -0.17 PowerShares DB Agriculture Fund DBA 0.12 United States Natural Gas Fund UNG -0.17

These 126 day (6 month) correlations can be considered short term, focusing on recent price movements. Correlations are only calculated for actively traded funds. As of: 2010-09-03.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.