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Four Top ETF Funds for the past 30 Days

Feb 16 2011

Direxion Daily Energy Bull 3X Shares (ERX)

Reached a new 52-week high today on worries about supplies being disrupted in the Middle East. But besides the commodity side to the ETF there is also the major holdings in the oil and gas industry. The ETF seeks 3 times the daily return of the Russell 1000 Energy Index. Sector holdings include Integrated Oil (48.17%), Crude Oil Producers (24.56%) and Oil Well and Equipment Services (18.99%). In addition to others. Being leveraged allows it to move quickly in both directions.

ProShares UltraShort DJ-UBS Crude Oil (SCO)

Surprisingly on the list is the UltraShort DJ-UBS Crude Oil which is in some ways the opposite of the ERX and DIG. But the ETF has had a nice bounce off of a downward trend during the last 30 days. This ETF tries to provide twice the inverse daily return of the Down Jones UBS Crude Oil Sub Index. I wouldn’t recommend this ETF on but it has moved higher and made the list this month.

ProShares Ultra Oil & Gas (DIG)

Also reaching a new 52-week high today was the Ultra Oil & Gas ETF (DIG). It provides twice the return of the Dow Jones US Oil and Gas Index. Again, like the ERX, you get exposure to the underlying companies and a general bias towards the price of the commodity itself. This ETF holds such companies as Exxon, Chevron, Schlumberger, ConocoPhillips, Occidental Petroleum, and Apache.

Direxion Daily Real Estate Bull 3X Shares(DRN)

Finally an ETF not related to gas and oil, the Real Estate Bull 3x (DRN).Reaching a new 52-week high today, the ETF returns 300 times the daily return of the MSCI REIT Index. The holdings include Specialized REITs, Retail REITs, Residential REITs, and Office REITS. I don’t feel as strongly about a real estate recovery as I do a continued rally in the price of oil and therefore have not looked closely at DRN.

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