Searching for Undervalued ETFs
Investors have over 300 sector ETF choices for playing sector trends.
ETFs are often used as building blocks for a diversified portfolio, or as a low-priced access vehicle to asset classes such as fixed income, emerging markets, and commodities.
But ETFs are also useful for capitalizing on sector trends, as there are currently more than 300 sector ETFs, including the popular Sector SPDRs, as well as subsector ETFs such as SPDR S&P Homebuilders (XHB), Market Vectors Steel (SLX), and iShares PHLX SOX Semiconductor Sector (SOXX).
Patricia Oey does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.