Buy-Write

ETF Market Summary: Tuesday, May 29th 2007

Dollar-Weighted ETF/CEF Category Return

Sector Day Week Month YTD Day $ Week Correlation to SPY
Russia -2.07% -4.42% -4.58% -8.36% 14 63.56%
China -1.17% -3.47% 5.18% -0.82% 425 85.79%
Short -1.16% 0.89% -3.38% -1.48% 1172 -72.67%
Energy -0.65% -1.67% 6.05% 1.13% 1421 72.37%
Emerging Markets -0.33% -1.36% 3.77% 0.68% 902 76.38%
Europe -0.16% 0.25% 1.27% 0.42% 191 77.34%
Currency -0.01% 0.00% -0.71% 0.43% 25 46.50%
Healthcare 0.05% -0.04% 1.35% 1.06% 67 69.27%
Consumer Goods & Services 0.10% -0.19% 1.42% 0.29% 120 NaN
MSCI 0.12% 0.40% 1.43% 9.22% 428 89.51%
Latin America 0.13% -1.88% 9.07% 6.87% 63 93.03%
Large Cap 0.25% -0.02% 3.62% 0.34% 1896 93.67%
Dividend 0.26% -0.90% 1.77% 0.65% 36 90.75%
Commodities & Resources 0.27% -0.88% -2.58% 0.40% 331 62.97%
Retail 0.28% 0.70% 1.47% 1.64% 429 4.09%
Infrastructure 0.28% -3.83% -0.27% 7.62% 4 61.90%
Utilities 0.33% -3.57% -0.87% 0.84% 510 73.28%
Asia 0.38% -1.11% 1.59% 1.10% 27 85.95%
Convertible 0.54% 0.44% 0.38% 0.28% 16 39.19%
Mid Cap 0.59% -0.30% 3.22% 0.46% 673 92.44%
Biotech 0.59% 0.38% -2.10% 0.48% 66 75.52%
Small Cap 0.91% 0.59% 3.10% 0.20% 5438 75.35%
Transports 0.92% 0.16% 3.34% 12.16% 45 98.75%
Japan 1.05% 1.28% 0.97% 0.18% 211 62.87%
Call/Write 1.12% 1.63% 1.59% 1.81% 4 87.00%
Real Estate 3.04% 2.34% -2.34% 0.01% 709 80.10%