Sector ETFS are managed portfolios of securities which are representative of a specific industry or market sector. They might passively track a sector index or be actively seeking alpha over the sector benchmark.
The word “sector” is a broad term for a grouping of companies in the market, but the word “industry” is sometimes used interchangeably. There are 10 sectors in the S&P 500: healthcare, financials, energy, consumer staples, consumer discretionary, utilities, materials, industrials, information technology, and telecommunications (telecom) services.
To learn more about the sector stocks listed above, please just click on the corresponding link.
There are ETFs that track each one. Various ETFs issued by different companies for the same industry or sector will have a different compositions depending on the methodology used to track the index or strategy used to seek alpha.
Be very careful when you choose a particular industry to invest in, and look at the composition of each particular ETF. Further reading and even personal help from advisors can be found here at Tickeron.
On May 6, 2010, investors around the world were shocked when the Dow Jones fell nearly 1,000 points in a matter of minutes
Employer contributions to SIMPLEs are immediately vested to the employee
A Defined Benefit Plan involves a promise made by your employer to pay you a monthly “benefit” for the rest of your life
Covariance is a measure of what degree the returns on two assets move in tandem. In a diversified portfolio, an investor
Current Assets are items on a balance sheet that are either cash or are going to be cash in the near future
In the world of finance, private equity is a relatively new industry whereby private companies finance other businesses
Most people recognize this as a “routing number.” The American Bankers Association (ABA) assigns a number to each bank
Chartists are theorists who attempt to find parameters and algorithms that can offer efficient trading signals and profits
Dividends are paid at certain intervals by companies who pay them. This might be quarterly, annually, or semi-annually
Form 2106 is the long-form way to request deductions for unreimbursed business expenses incurred by the employee