I'm going to add ILF to my watch list. Morningstar has it rated at 4 stars with an above rated return with a low overall risk.
What do you guys think?
Thanks,
Marty
I'm going to add ILF to my watch list. Morningstar has it rated at 4 stars with an above rated return with a low overall risk.
What do you guys think?
Thanks,
Marty
Sorry Marty, don't think any of us saw your question til now. No opinion on ILF personally. I'm working on sector rotation at the moment, both for stocks and ETF selection, myself, but volume is key. If volume is low, it's a real danger signal that the ETF may be dying and get delisted in the not too distant future. I always look for avg. volume =>$100K/day-tip I picked up somewhere along the way the last few months. You can get the avg. volume assessment via BigCharts, maybe other places. Relative volume vs. other ETFs indicates it isn't moving much at least last trading day. I found relative volume heat maps here tonight...
http://finviz.com/map.ashx?t=etf&st=relvol