Thursday, July 24, 2008 9:05:22 PM EDT

Exchange Traded Funds (ETFs) Overview

ETFs are baskets of securities that trades intraday like a stock and are typically designed to track an underlying index. You can use ETFs to help diversify a portfolio and they have relatively low expense ratios. We've provided tools that can help you find ETFs that may help meet your investment goals.* Read the ETF Fact Sheet

Find an ETFCreate a Screener

Screeners can help you find ETFs that match your investment goals. Try one of our predefined screens (below) or create one based on your own criteria.

ETF Types

TDX Independence ETFsLearn More

Introducing diversified ETFs that are tailored to your target date and designed to help you reach your goals.

Use the slider to choose a year and we'll show the asset allocation of a TDX Independence ETF that may be a fit for you.

ETF Market Activity

As of Thursday, July 24, 2008 9:05:22 PM EDT

Name	Symbol	Rating	TTM Return	Volume
Select Sector Financial Select Sector SPDR Fund	XLF		-42.32%	271,816,987
SPDR Trust	SPY		-13.58%	246,910,041
PowerShares QQQ Trust Series 1	QQQQ		-4.77%	144,771,959
iShares Russell 2000 Index Fund	IWM		-16.18%	109,934,164
ProShares Ultra Financials ProShares	UYG	Not Rated	-68.74%	72,031,034
Select Sector Energy Select Sector SPDR Fund	XLE		+29.25%	52,455,951
ProShares UltraShort Financials ProShares	SKF	Not Rated	+115.68%	47,430,684
ProShares UltraShort Oil & Gas ProShares	DUG	Not Rated	-44.45%	40,969,736
ProShares UltraShort QQQ ProShares	QID	Not Rated	+1.63%	36,465,524
iShares MSCI Emerging Markets Index Fund	EEM		+6.06%	33,262,357
iShares MSCI Japan Index Fund	EWJ		-12.35%	30,272,148
ProShares UltraShort S&P 500 ProShares	SDS	Not Rated	+30.23%	23,232,447
DIAMONDS Trust	DIA		-13.35%	22,454,539
iShares Dow Jones US Financial Sector Index Fund	IYF		-39.55%	18,171,929
iShares Dow Jones US Real Estate Index Fund	IYR		-17.82%	18,157,847
ProShares Ultra QQQ ProShares	QLD	Not Rated	-18.69%	15,638,917
iShares FTSE/Xinhua China 25 Index Fund	FXI		+5.74%	14,455,476
KBW Bank ETF	KBE	Not Rated	-46.06%	13,977,229
iShares MSCI Brazil (Free) Index Fund	EWZ		+50.13%	13,577,636
SPDR Gold Shares	GLD		+42.44%	13,065,785

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Mouseover stars to see Morningstar Rating detail.

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Investing ClassroomView All Courses

Here are ETF-specific courses from Morningstar's Investing Classroom that will help you build and improve your investment strategy with ETFs.

*Diversification does not eliminate the risk of experiencing investment losses.

Before investing in investment company securities, be sure to carefully consider the security's objectives, risks, charges, and expenses. For a prospectus containing this and other important information, contact the investment company or a TD AMERITRADE Client Services representative. Please read the prospectus carefully before investing.

Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance. ETFs can entail market, sector, or industry risks similar to direct stock ownership.

TDX Independence Funds, Inc. ETFs are distributed by ALPS Distributors, Inc. Amerivest Investment Management LLC serves as a sub-advisor to the Funds. TD AMERITRADE is not affiliated with TDX Independence Funds, Inc. or ALPS Distributors, Inc. Amerivest Investment Management LLC is a subsidiary of TD AMERITRADE Holding Corporation.

Research and planning tools are obtained by unaffiliated third party sources deemed reliable by TD AMERITRADE. However, TD AMERITRADE does not guarantee accuracy and completeness, and makes no warranties with respect to results to be obtained from their use. ETFs are baskets of securities that track recognized indexes and trade on an exchange like a stock. Commission fees apply.

Morningstar Risk-Adjusted Ratings: The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10- year (if applicable) Morningstar Rating Metrics. Morningstar, Inc. is an independent publisher of mutual fund research and ratings. Ratings reflect a fund's risk-adjusted 3-, 5-, and 10-year total returns, including any sales charge. A Fund is rated against all other funds in its category. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%; 3 stars to the next 35%; 2 stars to the next 22.5%; and 1 star to the bottom 10%. Morningstar only rates funds with at least a 3-year history.

All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

3rd Party Research Disclosure /public-21:5:22

Market Data Disclosure