A.I.M. For Exchange Traded Funds

[OldAIMGuy]

Sector ETFs........................

PROVIDER  
    
  POWERSHARES:  
  PEZ        CONS. DISCRETIONARY  
  PFI        FINANCIALS  
  PSL        CONS. STAPLES  
  PRN        INDUSTRIALS  
  PTF        INFO TECHNOLOGY  
  PTH        HEALTHCARE  
  PUI        UTILITIES  
  PXI        ENERGY  
  PYZ        BASIC MATERIALS  
    
  SPDRS:  
  XLY        CONS. DISCRETIONARY  
  XLP        CONS. STAPLES  
  XLE        ENERGY  
  XLF        FINANCIALS  
  XLV        HEALTHCARE  
  XLI        INDUSTRIALS  
  XLB        MATERIALS  
  XLK        INFO TECHNOLOGY  
  XLU        UTILITIES  
    
  1ST TRUST:  
  FXD        CONS. DISCRETIONARY  
  FXG        CONS. STAPLES  
  FXH        HEALCARE  
  FXL        INFO TECHNOLOGY  
  FXN        ENERGY  
  FXO        FINANCIALS  
  FXR        INDUSTRIALS  
  FXU        UTILITIES  
  FXZ        BASIC MATERIALS 
  
 US DOMESTIC EQUAL WEIGHT ETFS  
  GUGGENHEIM:  
  RCD        CONS. DISCRETIONARY  
  RGI        INDUSTRIALS  
  RHS        STAPLES  
  RTM        MATERIALS  
  RYE        ENERGY  
  RYF        FINANCIALS  
  RYH        HEALTHCARE  
  RYT        INFO TECHNOLOGY  
  RYU        UTILITIES  
    
  INTERNATIONAL SECTOR ETFS  
  SPDR:  
  IPD        CONS. DISCRETIONARY  
  IPF        FINANCIALS  
  IPK        INFO TECHNOLOGY  
  IPN        INDUSTRIALS  
  IPS        CONSUMER STAPLES  
  IPU        UTILITIES  
  IPW        ENERGY  
  IRV        BASIC MATERIALS  
  IRY        HEALTHCARE 
  
 iShares Dow Jones U.S. Consumer Index Fund ETF	                IYC  
  iShares Dow Jones U.S. Energy Sector Fund ETF	                IYE  
  iShares Dow Jones U.S. Financial Sector Index Fund ETF	        IYF  
  iShares Dow Jones U.S. Financial Services Index Fund ETF	IYG  
  iShares Dow Jones U.S. Health Care Index Fund ETF	        IYH  
  iShares Dow Jones U.S. Industrial Sector Index Fund ETF        IYJ  
  iShares Dow Jones U.S. Consumer Goods Index Fund ETF	        IYK  
  iShares Dow Jones U.S. Basic Materials Index ETF	        IYM  
  iShares Dow Jones U.S. Real Estate Index Fund ETF	        IYR  
  iShares Dow Jones U.S. Technology Index Fund ETF	        IYW  
  iShares Dow Jones U.S. Telecommunications Index Fund ETF	IYZ  
  	  
  PowerShares S&P SmallCap Consumer Staples Portfolio ETF        PSCC  
  PowerShares S&P SmallCap Consumer Discretionary Portfolio ETF	PSCD  
  PowerShares S&P SmallCap Energy Portfolio ETF	                PSCE  
  PowerShares S&P SmallCap Financials Portfolio ETF	        PSCF  
  PowerShares S&P SmallCap Health Care Portfolio ETF	        PSCH  
  PowerShares S&P SmallCap Industrials Portfolio ETF	        PSCI  
  PowerShares S&P SmallCap Materials Portfolio ETF	        PSCM  
  PowerShares S&P SmallCap Info Tech ETF	                        PSCT  
  PowerShares S&P SmallCap Utilities Portfolio ETF	        PSCU  
  	  
  ProShares Ultra Basic Materials ETF	   UYM  
  ProShares Ultra Consumer Goods ETF	   UGE  
  ProShares Ultra Consumer Services ETF	   UCC  
  ProShares Ultra Financials ETF	           UYG  
  ProShares Ultra Health Care ETF           RXL  
  ProShares Ultra Industrials ETF           UXI  
  ProShares Ultra Oil & Gas ETF	           DIG  
  ProShares Ultra Real Estate ETF           URE  
  ProShares Ultra Technology ETF	           ROM  
  ProShares Ultra Telecommunications ETF	   LTL  
  ProShares Ultra Utilities ETF	           UPW 

So there are lots of potential providers. It's hard to find a lot of
differences. The pure index ETFs tend to be more broadly diversified,
but aren't so if one looks at the cap weighting. The equal weight ETFs
perform differently than do the cap weighted ones. The "filtered" ETFs
such as 1st Trust and PowerShares offer also behave differently than
their broad index brothers.

PowerShares and 1st Trust are not truly 'equal weight' but are more so
than the rest with the exception of the Guggenheim products (equal
weight by design). The international sector ETFs are cap weighted along
with the SPDR and IShares ETFs. Take a look at the Technology Sector
ETFs and what the current AAPL weight is in their portfolio to see what
I mean.

If there were a clear winner, we'd all own just those.

If you look backward for testing, note that the PowerShares pieces
changed their filter mechanism from their "Intellidex" method to the
Dorsey Wright "momentum" method last February (2014). So, historic
'personality' before Feb won't necessarily be what we see going forward.