Even popular funds such as Powershare's QQQQ
(the "Qs"), which tracks the NASDAQ 100, can hold major surprises.
Just like publicly traded stocks, ETFs have ticker symbols (e.g., QQQQ
, referred to as "cubes," which allows investors to invest in all of the companies represented in the NASDAQ-100 Index).
THE HIGH AND LOW OF IT FOR ETFs, TRADING VOLUME DOESN'T NECESSARILY INDICATE LIQUIDITY * TOTAL RETURN FUND NAME / S&P YTD 1-YEAR 3-YEAR 5-YEAR CURRENT EXPENSE TICKER RANKING PRICE RATIO iShares MW -2.9 5.2 -7.0 -0.3 61 0.28 Russell 2000 Index Fund / IWM Powershares MW -4.4 8.5 -3.0 2.9 44 0.20 QQQ Trust, Series 1 / QQQQ
SPDR S&P 500 OW -4.7 3.8 -8.5 -0.9 106 0.10 ETF Trust / SPY Vanguard NR 4.1 4.9 5.8 NA 82 0.12 Short-Term Bond Index Fund; ETF Shares / BSV Vanguard NR 7.5 8.9 7.6 NA 83 0.12 Total Bond Market Index Fund; ETF Sharers / BND Vanguard NR 15.1 NA NA NA 83 0.15 Long-Term Corp.
USP 34/NF 28, In-House Specification) for the manufacture of Finished Product QQQQ
as described in Master Batch Record VVVV"
(split-adjusted) shares have grown from 121,400,000 to 501,950,000 since they were introduced in 1999.
EXHIBIT Top 10 ETFs, by Net Asset Size Net Assets Name Symbol ($ millions) S & P 500 SPDR SPY $47,159.21 iShares MSCI-EAFE EFA 21,730.69 Nasdaq-100 Index Tracking Stock QQQQ
20,458.28 iShares MSCI-Japan EWJ 11,621.38 iShares MSCI Emerging Markets EEM 9,371.26 S & P 400 MidCap SPDR MDY 8,899.65 iShares Russell 2000 IWM 7,619.59 DOW Diamonds Series Trust 1 DIA 7,484.30 iShares Dow Jones U.S.
Akamai Technologies will also be included in the NASDAQ-100 Index Tracking Stock (Nasdaq: QQQQ
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