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Does anyone have a list of fair reliable ETF that follow well their underlying.
For example, $SPY and S&P500, $GLD for Gold, but not $UNG for NatGas.
I would like to start long term portfolio (short and long positions).
Thanks in advance.
I believe only in profits, not in prophets.
Can you help answer these questions from other members on NexusFi?
DRG and DJUSPR Are two different Pharmaceutical indices and the rest are EFT's....they do not overlay the index charts but most follow them pretty close and you can pick the one you want to follow.
this is how I would do your research....pick a sector...then comb through identifying ETF's that seem to follow that index
this page helps you find ETF's for a particular sector...I did not find one for Pharmaceuticals in that list
I don't think the subjectivity in compare charts visually is needed; just look at the tracking error (an explanation from Vanguard can be found here).
MyTraderAdvisor, I would look at the three (or more) most liquid ETFs for the assets you want to trade, and compare these on various metrics (such as tracking error, costs, bid/ask spread, type of replication, etc) to look for the ones best suited to your goals.
That is fine...each of us has their own way of analysis. That site that lists all possible ETF's for each sector should help you in your endeavors...good luck