Despite the sell-off, valuations say it's still too soon for bargain hunters.
Continued worries over oil prices, slowing economic growth and the Federal Reserve’s plans for raising interest rates have combined to hold stocks—and ETFs—back for most of this year through the end of June.
The 2003 stock rally, which catapulted every US equity-focused ETF at year end into positive territory, has slowed, as energy and a few other ETFs strongly outperform, and others take a breather.
FTSE Group and Institutional Shareholder Services agreed to jointly create global corporate governance indices
As the equity markets rallied throughout 2003, every US equity-focused ETF ended the year in positive territory.
International and technology ETFs post strong returns in Q3 2003 - small-caps also lead the way.