Two sector ETFs are the MSCI Emerging Markets Financials Sector Index Fund and the MSCI Emerging Markets Materials Sector Index Fund.
The raw materials commodity index is unchanged year-over-year, with choppy charts in copper, aluminum and depressed precious metal quots.
The iShares MSCI ACWI ex US Materials Sector Index Fund ETF ( AXMT) outperformed other ETFs over the last five days, up about 6.7%.
According to the ETF Finder at ETF Channel, DD makes up 10.35% of the iShares Dow Jones U.S. Basic Materials Sector Index Fund ETF (IYM)which is trading relatively unchanged on the day Monday.
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According to the ETF Finder at ETF Channel, BAK makes up 1.00% of the iShares MSCI Emerging Markets Materials Sector Index Fund ETF ( NASD: EMMT )which is trading up by about 1.9% on the day Thursday.
According to the ETF Finder at ETF Channel, SLT makes up 1.84% of the iShares MSCI Emerging Markets Materials Sector Index Fund ETF ( NASD: EMMT )which is trading lower by about 0.6% on the day Friday.
According to the ETF Finder at ETF Channel, SLT makes up 1.89% of the iShares MSCI Emerging Markets Materials Sector Index Fund ETF ( NASD: EMMT )which is trading up by about 0.3% on the day Thursday.
The price of crude materials in the Producer Price Index (PPI) increased by 3.3% in January alone and now stands 21% above where it was just six months ago.
On the broader index (which includes auto and building materials), there was a similar softening.
The broader index, which includes autos and building materials, also surprised positively, coming in at 2.7 percent month over month, seasonally adjusted, with its growth trend picking up steam to 6.9 percent over the three months.
The Baltic Dry Index, an index which measures the price of moving major raw materials by sea, is now over 1100.
Nor was there any correlation between the size of index funds in particular commodities and the price rise for those raw materials.
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The Dreyfus Brazil mutual fund has been the best performer, avoiding mostly large cap materials and commodities overweights like Petrobras and Vale, which plague the MSCI Brazil index.
They delighted in learning about everything from the Baltic Dry Index (the daily number given to the price of moving raw materials by sea) to the stock of Crocs, which several of them also wore.
The higher index, in theory, indicates higher demand for commodities and therefore higher prices for those raw materials being shipped, mostly, to emerging markets.
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