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Friday The 13th Special: Three Unlucky ETFs

By: ETFdb
As the summer months draw to a close, many ETFs find themselves in negative territory on the year; an extension of 2009’s magnificent rally has simply not materialized. Many of the disappointing performances from equity ETFs have been easy enough to explain, as scenarios that have played out countless times before have dragged down stocks. The Spain ETF (EWP), for example, has been pummeled by sky-high unemployment, an impossible budget situation, and the prospect of a a prolonged period of negligible real economic growth. Against that backdrop, it is not surprising that EWP has lost about 15% in 2010. Other ETFs, however, have simply run into some tough luck; events or relationships that few could have foreseen have dragged many popular funds lower in 2010. As another Friday the 13th rolls around, we profile a few ETFs that have experienced more than their fair share of bad luck this year [for [...] Click here to read the original article on ETFdb.com. Related Stories: Ten Of The Worst Performing ETFs Of The First Quarter Uncertain Future For Energy ETFs Will Climate Deal Boost Alternative Energy ETFs?
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