| |  | MasterDATA's Index / ETF Compilation List |  | |
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| | | Currently, MasterDATA compiles composite breadth data on 31 major indexes and the 111 most actively traded Exchange Traded Funds (ETFs). Daily data period web site charts, reports and historical datafiles are updated hourly during the trade session as well as end of day. Weekly, monthly and quarterly data periods are updated end of day. | | | For details on the latest index and ETF additions and deletions
to MasterDATA's Compilation List, please click here. |
| MasterDATA currently compiles historical composite breadth data on ETFs meeting the following criteria: | | ► | MasterDATA reviews the list of U.S. Stocks ETFs quarterly for changes in the top 111 trade volume ETFs. Adjustments to the Compilation List will be made when such changes are identified and the following criteria is met. Indexes and ETFs must fail to trade in the top 111 ranking for two consecutive quarterly periods. Therefore, the minimum duration for appearing on MasterDATA's Compilation List is six months. | | ► | All constituent issues must be listed on the NYSE, AMEX or NASDAQ exchanges. Issues may additionally trade on any other exchange(s). | | ► | All constituent issues must be stocks. Those ETFs based on the price of a specific commodity (gold, oil, interest rates etc.) or those containing debt instruments (government bonds, corporate bonds etc.) will be excluded at the present time (ProShares and some Rydex ETFs are exceptions - See below). | | ► | The ETF sponsor must provide a readily accessible, up-to-date constituent list including ticker symbols for each issue. | | ► | Of the ETFs meeting the above criteria, only ETFs ranking in the top 111 ETFs as measured by average daily trading volume will be included. These qualifying ETFs will be added the first weekend of each month. | | ► | An ETF falling out of the top 111 top trade volume ETFs for two consecutive months will be deleted. This means that an ETF on MasterDATA's Compilation List will remain on the list for a minimum of two months. This also means that our compilation list will number in excess of 111 ETFs on a continual basis. |
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| Vanguard meets all criteria for including their ETFs on MasterDATA's Compilation List. Their current constituent lists (if you can find them) are placed in a "secure" part of their web site, however, in such a way that makes automated access and updating currently impossible. Therefore, while all other ETFs on our compilation list are updated daily through an automated process, Vanguard's ETF constituent lists can only be updated manually. MasterDATA will update Vanguard's ETF constituent lists regularly on a "best efforts" basis. We have contacted Vanguard about the issue. | | | Wisdom Tree ETF constituent lists do not currently include ticker symbols and therefore their sponsored ETFs cannot be included in MasterDATA's compilation list. We have contacted Wisdom Tree about the issue. No Wisdom Tree ETF currently ranks in the top 111 trade volume ETFs. | | | ProShares and some Rydex ETFs are a "leveraged" and/or "reciprocal" version of several widely followed stock indexes such as the Dow Jones Industrial Average, S & P 500 Index, NASDAQ 100 Index and Russell 2000 Index. Their structure often requires the use of futures contracts and / or Swaps, neither of which qualify under MasterDATA's qualification criteria. Performance of the ProShares, however, generally achieves their stated objective and makes these ETFs very attractive to investors and traders capable of incurring the higher risk in these funds. For that reason, we include ProShares qualifying as ranked by trading volume. composite breadth data for the underlying index is included in the historical datafiles for these ETFs along with the actual trade prices and volume of the ProShares or Rydex ETF itself. |
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