MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

Our Index / ETF Compilation List is adjusted to, once again, reflect the top 111 trade volume ETFs.  Subject to our inclusion criteria, this list is revised monthly to continually contain the most highly traded, liquid US listed Exchange Traded Funds.

Last month, we adopted a revised policy regarding new additions / deletions to our compilation list.  ETFs falling out of the top 111 top trade volume ETFs for two consecutive months will be deleted.  This means that an ETF on MasterDATA’s Compilation List will remain on the list for a minimum of two months.  This also means that our compilation list will number in excess of 111 ETFs on a continual basis.

New ETF Additions

These new additions ranked in the top 111 trade volume ETFs for the month of January, 2008.

iShares DJ Regional Banks Index Fund (IAT)
iShares Goldman Sachs Natural Resources Index Fund (IGE)
ProShares Short Russell2000 (RWM)
Objective:  to achieve inverse performance of the Russell 2000 Index ($RUT)
SPDR S & P Semiconductor (XSD)

Potential Cut List

The ETFs listed below previously ranked in the top 111 trade volume ETFs.  Two consecutive months out of a top 111 ranking will result in the ETF being deleted from MasterDATA’s Compilation List.  Charts, reports and datafiles continue to be generated for these ETFs.

iShares Goldman Sachs Semiconductor Index Fund (IGW)
iShares Goldman Sachs Technology Index Fund (IGM)
iShares Russell 3000 Growth Index Fund (IWZ)
PowerShares High Yield Equity Dividend Achievers Portfolio (PEY)
PowerShares Value Line Timeliness Select Portfolio (PIV)
SPDR Biotech (XBI)

Deleted ETFs

The deleted ETFs below experienced trade volume less than the top 111 ETFs for two consecutive months.

First Trust ISE Chindia (FNI)
First Trust Value Line Dividend Fund (FVD)
HOLDRS Telecom (TTH)
iShares DJ Oil & Gas Exploration & Production Index Fund (IEO)
iShares Goldman Sachs Networking Index Fund (IGN)
PowerShares Dynamic Large Cap Value Portfolio (PWV)
PowerShares Dynamic Semiconductors Portfolio (PSI)