The accompanying table presents statistics and the seven largest companies by market cap in the ETF Innovators [ETFI] Global Trucking & Logistics Index. The Top 35 Rated companies in the index managed to post a gain of 1.5% in the past year, compared to losses of 34.5% for the S&P 500 SPDR ETF (SPY), 23.8% for iShares Dow Transports (IYT), and 24.9% for PowerShares Progressive Transport Portfolio (PTRP) (since its 9/23/08 market launch).
The index includes a total of 66 companies, with 53 eligible for inclusion (with market caps over the $150M minimum) in a new ETF idea which selects the Top 35 Rated stocks on a semi-active basis with quarterly rebalancing. The index includes companies which derive the majority of their revenue from the following activities:
1.) logistics and management support services for transportation companies
2.) all types of land-based, roadway freight forwarding + freight transportation services
3.) mail + package delivery and transportation services
The seven largest companies by market cap in the index include United Parcel Service (UPS), FedEx (FDX), Deutsche Post (DPSTY), C.H. Robinson Worldwide (CHRW), Kuehne + Nagel (Switzerland: KNIN), TNT (TNTTY), and Expeditors International (EXPD).
The equally-weighted index is based on a rating system which factors in each company's market cap weight, revenue weight, historical stock price return, and other factors to choose the Top 35 rated components on a semi-active basis each quarter as a new ETF idea. Less than half of the 66 companies in the index (31) have U.S. listing for their stocks, making it a globally diversified index for the trucking and logistics industry.
$62.4 (01/09/09)
