Track Metals Not Energy
Dragonfly Capital | Nov 22, 2012 01:57AM ET
When it comes to tracking ETF’s the there are winners and losers. The Equity Indexes S&P 500, Russell 2000 and NASDAQ are tracked very well by the (SPY), (IWM) and (QQQ). Maybe because there is a lot of liquidity in these ETF’s, and the Indexes are not easily traded outside of the Futures. Maybe they have been around long enough for the fees to be reigned in. Whatever the case they are a good fit.
But when you get out side of these the tracking ETF’s are not all created equal. Take a look at the metals. The chart for Gold above shows the Futures and the ETF (GLD)Original post
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