December 30, 2004 -- In 2004 the best performing ETF was EWO ( Austria iShare ), with a 1 year return of 75.13%. EWO has been benefiting from the birth of capitalism across Eastern Europe. The best performing sector fund was XLE ( Energy Sector SPDR ) which has a one year return of 55.87%. Housing and other real estate sectors have also outperformed in the past year. So these would be areas where one could look to free up cash for Bargain Hunting.
Now for finding the bargains! Doing a quick screen you will find there is a clear winner for the biggest loser.... SMH (Semiconductor HOLDR) -20.90% and IGW (GS Semiconductor iShare) -19.96% 1 yr returns! Technology in general (IYW) is also down slightly over the past year.
Health Care (IYH +3.35%) and Biotech (IBB +1.66%) are two areas that have under-performed in the past 12 months but are slightly positive on the year.
About us: http://etfanswers.blogspot.com is a blog designed to help investors understand how to use ETF's within their portfolio. We are not investment advisors and do not give specific recommendations on buying or selling securities.
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