#1
|
|||
|
|||
Question about index fund
I own the E*Trade SP index fund (etspx)...
I am curious how the SP500 went up 1 point today (.09%) yet the ETSPX went down -.4% How is that possible? |
#2
|
|||
|
|||
Re: Question about index fund
I know with my bank (TD) their index fund only buys shares in like 10 biggest companies of each sector in the index.
|
#3
|
|||
|
|||
Re: Question about index fund
[ QUOTE ]
I am curious how the SP500 went up 1 point today (.09%) yet the ETSPX went down -.4% [/ QUOTE ] It is most likely the result of end of month/quarter expenses being accounted for. Take a look at this chart and you'll see that the lines are tight, but not exactly overlapping... http://finance.yahoo.com/q/ta?s=ETSP...&c=%5EGSPC |
|
|