Thursday, July 2, 2009 11:46:30 PM EDT

Exchange Traded Funds (ETFs) Overview

ETFs are baskets of securities that trade 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

Name	Symbol	Price	Change	Rating	TTM Return	Volume
SPDR Trust ETF	SPY	$89.81	-2.52 (2.73%)		-32.40%	202.9M
PowerShares QQQ Trust Series 1	QQQQ	$35.60	-0.80 (2.20%)		-29.01%	110.4M
Select Sector Financial Select Sector SPDR Fund	XLF	$11.47	-0.41 (3.45%)		-48.54%	96.6M
iShares MSCI Emerging Markets Index Fund	EEM	$31.92	-0.90 (2.74%)		-32.82%	59.9M
iShares Russell 2000 Index Fund	IWM	$49.91	-1.77 (3.42%)		-31.63%	51.6M
ProShares Ultra Financials ETF	UYG	$3.65	-0.25 (6.41%)	Not Rated	-85.82%	40.3M
ProShares Ultra S&P 500 ETF	SSO	$24.86	-1.41 (5.37%)	Not Rated	-64.08%	36.3M
ProShares UltraShort S&P 500 ETF	SDS	$57.84	+2.99 (5.45%)	Not Rated	+21.74%	35.0M
ProShares UltraShort Financials ETF	SKF	$44.72	+2.82 (6.73%)	Not Rated	-62.31%	31.4M
ProShares Ultra Real Estate ETF	URE	$3.30	-0.34 (9.34%)	Not Rated	-88.93%	26.1M
SPDR S&P Retail ETF	XRT	$26.66	-1.21 (4.34%)	Not Rated	-15.44%	24.2M
Select Sector Energy Select Sector SPDR Fund	XLE	$46.16	-1.93 (4.01%)		-39.18%	24.0M
iShares Dow Jones US Real Estate Index Fund	IYR	$31.25	-1.49 (4.55%)		-47.81%	23.7M
ProShares UltraShort Real Estate ETF	SRS	$21.05	+1.81 (9.41%)	Not Rated	-74.89%	23.6M
iShares MSCI EAFE Index Fund	EFA	$45.23	-1.34 (2.88%)		-36.39%	20.7M
iShares FTSE/Xinhua China 25 Index Fund	FXI	$37.44	-1.28 (3.31%)		-25.49%	19.6M
iShares MSCI Japan Index Fund	EWJ	$9.33	-0.21 (2.20%)		-29.79%	19.5M
DIAMONDS Trust	DIA	$82.99	-2.04 (2.40%)		-30.46%	16.5M
ProShares UltraShort QQQ ETF	QID	$33.33	+1.45 (4.55%)	Not Rated	+7.53%	15.7M
Select Sector Industrial Select Sector SPDR Fund	XLI	$21.36	-0.69 (3.13%)		-40.71%	13.7M

Expand List Collapse List

Mouseover stars to see Morningstar Rating detail.

Market data accompanied by is delayed by atleast 15 minutes for NASDAQ, AMEX, NYSE and Options. Duration of the delay for other exchanges vary.

Data quoted represents past performance. Past performance is not an indication of future results and investment returns and prices for exchange-traded funds will fluctuate. Your investment may be worth more or less than your original cost at redemption. Current performance may be lower or higher than the performance data quoted.

Click the fund symbols above to view standardized performance current to the most recent calendar quarter end, and performance current to the most recent month end.

Compare Funds

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.

Morningstar Associates, LLC is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. The information, data and opinions contained herein include proprietary information of Morningstar Associates and may not be copied or redistributed for any purpose. The mutual funds selected by Morningstar Associates for the Premier List have been derived from a universe of mutual funds made available through TD AMERITRADE. Both the universe of mutual funds defined by TD AMERITRADE and the Premier List are subject to change without notice. Morningstar Associates does not warrant this information to be accurate, complete or timely. Morningstar Associates is not responsible for any damages or losses arising from the use of this information. Particular mutual funds on the Premier List may not be appropriate investments for you under your circumstances, and there may be other mutual funds or investment options offered by TD AMERITRADE that are more suitable. Past performance is no guarantee of future results.

3rd Party Research Disclosure /public-23:46:29

Market Data Disclosure