ETF Focus--Large Cap Blend

09/08/2006 12:00 am EST

Focus:

Jim Lowell

Senior Partner & Chief Investment Strategist, Adviser Investments

Prolific editor Jim Lowell examines indexing, using the most popular broad market benchmarks. Here he reviews some of the top exchange traded funds that mirror the indexes and recommends them as new buys for his subscriber’s portfolios…

 

“First Trust NASDAQ 100 Equal Weight (QQEW NASDAQ) seeks investment results that correspond to the price and yield performance of the NASDAQ-100 Equal Weighted Index. (This is the equal weighted version of the NASDAQ 100, which includes 100 of the largest non-financial securities that trade on the NASDAQ stock market.) While it’s too early to say tech has come back, it’s not too early to see signs of the return of the prodigal sector. Top 10 Holdings: CH Robinson Worldwide, Akamai Technologies, Inc., Amazon.Com, Inc., Celgene Corp, Garmin Ltd., Sepracor, Inc., Sirius Satellite, Expeditor Intl Wash, Inc., Network Appliance, Inc., Intuit, Inc.

 

“iShares DJs US Total Market Index (IYY ASE). The Dow Jones US Total Market Index is the bench. The index captures the US equity broad market and as such is an excellent core holding for most growth oriented portfolios. Top 10: Exxon Mobil, General Electric, Citigroup, Inc., Bank of America, Microsoft, Pfizer, Inc., Procter & Gamble, Johnson & Johnson, Altria Group, Inc., JPMorgan Chase & Co.

 

“iShares Russell 1000 (IWB ASE). The Russell 1000 Index tracks the large-cap segment of the US equity universe; a good port in a storm. Top 10: Exxon Mobil Corp, General Electric, Citigroup, Inc., Bank of America, Microsoft, Pfizer, Inc., Procter & Gamble, Johnson & Johnson, Altria Group, Inc., JPMorgan Chase & Co.

 

“iShares Russell 3000 (IWV ASE). The Russell 3000 Index, which tracks the broad US equity universe, is a better place in a storm and among our top-ranked ETFs. Top 10: Exxon Mobil Corp, General Electric, Citigroup, Inc., Bank of America Corp, Microsoft, Pfizer, Inc., Procter & Gamble, Johnson & Johnson, Altria Group, Inc., JPMorgan Chase & Co.

 

iShares S&P 100 Index Fund (OEF ASE). The S&P 100 Index, which is a subset of the S&P 500 that tracks 100 large cap blue chip companies. This ETF is bottom-ranked by us, but I think it’s promising based on the shift that’s clearly begun to favor large-caps moderately more than in prior years. Top 10: Exxon Mobil Corp, General Electric, Citigroup, Inc., Bank of America, Microsoft, Pfizer, Inc., Procter & Gamble, Johnson & Johnson, Altria Group, Inc., American International Group, Inc.

 

“iShares S&P 1500 Index Fund (ISI ASE). The S&P 1500 Index is the broad market by combining the S&P 500, 400 & 600. A solid core choice. Top 10: Exxon Mobil Corp, General Electric, Citigroup, Inc., Bank of America Corp, Microsoft, Pfizer, Inc., Procter & Gamble, Johnson & Johnson, Altria Group, Inc., American International Group, Inc.”

Related Articles on