The Vanguard fund avoids getting stuck with its less liquid shares because of a signal advantage: It can trade them with its open end fund sibling, the $305 billion Vanguard Emerging Markets Stock Index Fund (VEIEX) "Their ETF has a great, big, huge trading partner, which is their mutual fund," Scott Burns, director of ETF analysis at investment researcher Morningstar Inc, says of Vanguard 
Share:  The <span class="company">Vanguard</span> fund avoids getting stuck with its less liquid shares because of a signal advantage: It can trade them with its open end fund sibling, the $305 billion <span class="company">Vanguard</span> Emerging Markets Stock Index Fund (VEIEX)<span class="sent"> "Their ETF has a great, big, huge trading partner, which is their mutual fund," <span class="analyst">Scott Burns</span>, director of ETF analysis at investment researcher Morningstar Inc, says of <span class="company">Vanguard</span></span> Tweet this 

The Vanguard fund avoids getting stuck with its less liquid shares because of a signal advantage: It can trade them with its open end fund sibling, the $305 billion Vanguard Emerging Markets Stock Index Fund (VEIEX) "Their ETF has a great, big, huge trading partner, which is their mutual fund," Scott Burns, director of ETF analysis at investment researcher Morningstar Inc, says of Vanguard 
Share:  The <span class="company">Vanguard</span> fund avoids getting stuck with its less liquid shares because of a signal advantage: It can trade them with its open end fund sibling, the $305 billion <span class="company">Vanguard</span> Emerging Markets Stock Index Fund (VEIEX)<span class="sent"> "Their ETF has a great, big, huge trading partner, which is their mutual fund," <span class="analyst">Scott Burns</span>, director of ETF analysis at investment researcher Morningstar Inc, says of <span class="company">Vanguard</span></span> Tweet this 

, meanwhile, weights stocks by their market cap Therefore, the SPDR KBW Regional Banking ETF has a greater tilt to small cap regional banks, says Scott Burns, Morningstar's director of ETF analysis "If regional banks are performing well then the small cap portion does even better," he said The SPDR KBW Regional Banking ETF has nearly doubled the performance of its cap weighted competitor over the past three months 
Share:  , meanwhile, weights stocks by their market cap<span class="sent"> Therefore, the <span class="company">SPDR KBW</span> Regional Banking ETF has a greater tilt to small cap regional banks, says <span class="analyst">Scott Burns</span>, Morningstar's director of ETF analysis</span> "If regional banks are performing well then the small cap portion does even better," he said The <span class="company">SPDR KBW</span> Regional Banking ETF has nearly doubled the performance of its cap weighted competitor over the past three months Tweet this 

, meanwhile, weights stocks by their market cap Therefore, the SPDR KBW Regional Banking ETF has a greater tilt to small cap regional banks, says Scott Burns, Morningstar's director of ETF analysis "If regional banks are performing well then the small cap portion does even better," he said The SPDR KBW Regional Banking ETF has nearly doubled the performance of its cap weighted competitor over the past three months 
Share:  , meanwhile, weights stocks by their market cap<span class="sent"> Therefore, the <span class="company">SPDR KBW Regional Banking ETF</span> has a greater tilt to small cap regional banks, says <span class="analyst">Scott Burns</span>, Morningstar's director of ETF analysis</span> "If regional banks are performing well then the small cap portion does even better," he said The <span class="company">SPDR KBW Regional Banking ETF</span> has nearly doubled the performance of its cap weighted competitor over the past three months Tweet this 

New providers are expected to target the thriving US market for exchange traded funds in the coming year, but are more likely to build capacity than to buy it, according to industry sources and analysts. Goldman Sachs, John Hancock and T Rowe Price have 
Share:  <span class="sent">New providers are expected to target the thriving US market for exchange traded funds in the coming year, but are more likely to build capacity than to buy it, according to industry sources and analysts. </span>Goldman Sachs, John Hancock and T Rowe Price have Tweet this 

"When money management was much more regionalized, you had a very regional bias and you could make this strategy work," said Scott Burns, director of ETF analysis at Morningstar. "But back then, Exxon was making money pumping oil out of the ground there, and Southwest Bell was the local phone company. This isn't that kind of fund, with the best stocks in the region. This is just all of the stocks based in the region, and that's just a weird strategy." Officials at Geary Advisors, which is based in Oklahoma City, have said there was demand among customers for this kind of fund, but they have also been quoted as saying that they don't think there will ever be a slate of state specific funds because Texas and Oklahoma offer unique investment opportunities. 
Share:  <span class="sent">"When money management was much more regionalized, you had a very regional bias and you could make this strategy work," said <span class="analyst">Scott Burns</span>, director of ETF analysis at Morningstar. </span> "But back then, <span class="company">Exxon</span> was making money pumping oil out of the ground there, and Southwest Bell was the local phone company. This isn't that kind of fund, with the best stocks in the region. This is just all of the stocks based in the region, and that's just a weird strategy." Officials at Geary Advisors, which is based in Oklahoma City, have said there was demand among customers for this kind of fund, but they have also been quoted as saying that they don't think there will ever be a slate of state specific funds because Texas and Oklahoma offer unique investment opportunities. Tweet this 

"When money management was much more regionalized, you had a very regional bias and you could make this strategy work," said Scott Burns, director of ETF analysis at Morningstar. "But back then, Exxon was making money pumping oil out of the ground there, and Southwest Bell was the local phone company. This isn't that kind of fund, with the best stocks in the region. This is just all of the stocks based in the region, and that's just a weird strategy." Officials at Geary Advisors, which is based in Oklahoma City, have said there was demand among customers for this kind of fund, but they have also been quoted as saying that they don't think there will ever be a slate of state specific funds because Texas and Oklahoma offer unique investment opportunities. 
Share:  <span class="sent">"When money management was much more regionalized, you had a very regional bias and you could make this strategy work," said <span class="analyst">Scott Burns</span>, director of ETF analysis at Morningstar. </span> "But back then, <span class="company">Exxon</span> was making money pumping oil out of the ground there, and Southwest Bell was the local phone company. This isn't that kind of fund, with the best stocks in the region. This is just all of the stocks based in the region, and that's just a weird strategy." Officials at Geary Advisors, which is based in Oklahoma City, have said there was demand among customers for this kind of fund, but they have also been quoted as saying that they don't think there will ever be a slate of state specific funds because Texas and Oklahoma offer unique investment opportunities. Tweet this 

Late Monday, Dubai World said it would look to restructure about $26 billion of its debt. "It's either directly from the risk associated with what's happening in Dubai or people are just generally concerned about the region and similar credit issues," said Scott Burns, director of ETF analysis at investment research firm Morningstar Inc.  
Share:  Late Monday, <span class="company">Dubai World</span> said it would look to restructure about $26 billion of its debt. <span class="sent"> "It's either directly from the risk associated with what's happening in Dubai or people are just generally concerned about the region and similar credit issues," said <span class="analyst">Scott Burns</span>, director of ETF analysis at investment research firm Morningstar Inc. </span> Tweet this 

, Boston Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and Equity Residential ( EQR 28.62 , 0.28 , 0.97% ) . The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst Scott Burns in a profile of the fund. He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. 
Share:  , Boston Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and <span class="company">Equity Residential</span> ( EQR 28.62 , 0.28 , 0.97% ) . <span class="sent"> The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst <span class="analyst">Scott Burns</span> in a profile of the fund. </span> He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. Tweet this 

, Boston Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and Equity Residential ( EQR 28.62 , 0.28 , 0.97% ) . The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst Scott Burns in a profile of the fund. He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. 
Share:  , <span class="company">Boston</span> Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and Equity Residential ( EQR 28.62 , 0.28 , 0.97% ) . <span class="sent"> The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst <span class="analyst">Scott Burns</span> in a profile of the fund. </span> He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. Tweet this