Avoid These ETFs For Now (FXI, TVIX, GDXJ)

March 23, 2012

Whether it’s due to their weakness in their underlying assets or strange index-tracking problems, a number of specific ETFs are worth avoiding until they see better days, according to an article on MarketWatch.

The article said the following exchange-traded products may be in for bumpy rides in the next few weeks:

  • VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX)
  • Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ)
  • Direxion Daily Financial Bill 3x Shares (NYSEArca: FAS)
  • Materials Selector Sector SPDR (NYSEArca: XLB)
  • iShares FTSE China 25 Index Fund (NYSEArca: FXI)

 

For the full breakdown on the funds previously mentioned, visit MarketWatch.com.

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