Tuesday, January 13, 2009

PowerShares Lux Nanotech performance

PowerShares Lux Nanotech (ETF) (Public, NYSE:PXN) Chart:

The Nanotech ETF continues to have a poor performance, and should continue to follow the general markets until the current crisis is resolved.

Remember that effective and profitable Nanotechnology business is still a very long term investment.

Top Holdings on this ETF
(Fund Holdings subject to change)
Elan Corp. PLC (ADS) 8.23%
Flamel Technologies S.A. (ADS) 7.19%
Altair Nanotechnologies Inc. 6.39%
FEI Co. 6.30%
Veeco Instruments Inc. 6.13%
ShengdaTech Inc. 5.93%
Symyx Technologies Inc. 5.84%
Accelrys Inc. 5.31%
NVE Corp. 5.05%
Headwaters Inc. 4.86%

You can see this ETF details here.

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Though it has a poor performance, but the next time around it will soon improve. To have a poor performance means that you have to strive for more things to do so it will improve.

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