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FirstAlert(tm) 4/13/10: IWC, IWM vs. SPY 50-Day Comparisons

April 13, 2010 (FinancialWire) — Comparing performance of the SPDR Trust ETF (NYSE: SPY) to the iShares Russell 2000 ETF (NYSE: IWM) and the iShares Russell Microcap ETF (NYSE: IWC) provides a fair representation of how small- and micro-cap stocks are faring in relation to their greater capitalized counterparts.

As of Monday’s close, looking back at the most recent fifty trading sessions, the iShares Russell Microcap ETF (NYSE: IWC) and the iShares Russell 2000 ETF (NYSE: IWM) are outperforming the SPDR Trust ETF (NYSE: SPY) by about five percent, in terms of overall 50-day gain-loss percentage comparisons. The Russell Microcap leads all three ETFs marking an overall 16.88% ($6.47 per share) 50-day gain, followed by the Russell 2000 ETF marking an overall 16.35% ($9.91 per share) 50-day gain, followed by the SPDR Trust’s overall 11.32% ($12.16 per share) 50-day gain.

The Russell Microcap ETF closed at $45.04 per share on volume of 80,000 shares yesterday, which was $3.84 (9.31%) above its 50-day $41.20 per share average and 149,722 shares (65.18%) below its 50-day 229,722 share average volume. On the day, the Russell Microcap’s $45.04 Monday close was up $0.25 (+0.558%) from the previous session. Intra-day yesterday, the Russell Microcap fund traded in a range of $0.34 (0.759%), from a high of +$0.34 (+0.759%) to a low of +/-$0.00 (+/-0.00%).

The Russell 2000 ETF closed at $70.54 per share on volume of 49,301,000 shares yesterday, which was $5.59 (8.60%) above its 50-day $64.95 per share average and 11,406,639 shares (18.79%) below its 50-day 60,707,638 share average volume. On the day, the Russell Smallcap’s $70.54 Monday close was up $0.29 (+0.413%) from the previous session. Intra-day yesterday, the Russell 2000 fund traded in a range of $0.56 (0.797%), from a high of +$0.43 (+0.612%) to a low of -$0.13 (-0.185%).

The SPDR Trust ETF closed at $119.74 per share on volume of 110,202,600 shares yesterday, which was $6.58 (5.82%) above its 50-day $113.16 per share average and 86,407,008 shares (43.95%) below its 50-day 196,609,608 share average volume. On the day, the SPDR Trust’s $119.74 Monday close was up $0.19 (+0.159%) from the previous session. Intra-day yesterday, the SPDR Trust fund traded in a range of $0.49 (0.410%), from a high of +$0.50 (+0.418%) to a low of +$0.01 (+0.008%).

About The ETFs:

The iShares Russell 2000 ETF invests in approximately 2000 of the smallest capitalization-weighted companies in the Russell 3000 index, yielding investment results that correspond generally to the price and yield performance of the Russell 2000 Index, investing in at least 90% of assets in the securities of the underlying index. It uses a representative sampling strategy to track the Russell 2000 Index, which measures the performance of the small-capitalization sector of the US equity broad market.

The iShares Russell Microcap ETF investment results correspond generally to the price and yield performance of the Russell Microcap index, investing at least 90% of assets in the securities of that underlying index. The ETF uses a representative sampling strategy to track the Russell Microcap Index. The index, itself, is capitalization-weighted and includes companies ranging in total market capitalization from approximately $50 million to $550 million, which represents approximately 3% of the market capitalization of listed U.S. equity securities.

The SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks, and corresponds generally to the price and yield performance of the S&P 500 Index. It is comprised of undivided ownership interests called SPDRs. The fund issues and redeems SPDRs in multiples of 50,000 SPDRs in exchange for S&P 500 Index stocks and cash.

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