Uncovered Options Trading System

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Exchange Traded Funds (ETFs) Glossary


Category: Value Stock ETFs


Some of the terms used in ETFs trading:

Benchmark index - An index that correlates with a fund, used to measure a fund manager's performance.

Index fund - An index fund is a mutual fund that mirrors as closely as possible the performance of a stock market index. For example, many mutual fund companies have since established S&P 500 index funds to mirror that index by purchasing all 500 stocks in the same percentages as the index.

Indexing - Indexing is a strategy to match the average performance of a market or group of stocks. A set formula is used to represent the index's value at any given time. ETFs track indexes.


ETFs within the "Value Stock ETFs" category (including subcategories):

BSC - ELEMENTS Benjamin Graham Small Cap Value ETN (BSC) - listed on the NYSE Exchange
BVL - ELEMENTS Benjamin Graham Large Cap Value ETN (BVL) - listed on the NYSE Exchange
BVT - ELEMENTS Benjamin Graham Total Market Value ETN (BVT) - listed on the NYSE Exchange
DSV - SPDR Dow Jones Wilshire Small Cap Value ETF (DSV) - listed on the AMEX Exchange
EFV - iShares MSCI EAFE Value Index Fund (EFV) - listed on the AMEX Exchange
ELV - SPDR Dow Jones Wilshire Large Cap Value ETF (ELV) - listed on the AMEX Exchange
EMV - SPDR Dow Jones Wilshire Mid Cap Value ETF (EMV) - listed on the AMEX Exchange
FAB - First Trust Multi Cap Value AlphaDEX Fund (FAB) - listed on the AMEX Exchange
FDV - First Trust DB Strategic Value Index Fund (FDV) - listed on the AMEX Exchange
IDJV-LSE - iShares DJ Euro STOXX Value ETF (IDJV) - listed on the LSE Exchange
IJJ - iShares S&P MidCap 400 Value Index Fund (IJJ) - listed on the AMEX Exchange
IJS - iShares S&P SmallCap 600 Value Index Fund (IJS) - listed on the AMEX Exchange
IVE - iShares S&P 500 Value Index Fund (IVE) - listed on the AMEX Exchange
IWD - iShares Russell 1000 Value Index Fund (IWD) - listed on the AMEX Exchange
IWN - iShares Russell 2000 Value Index Fund (IWN) - listed on the AMEX Exchange
IWS - iShares Russell Midcap Value Index Fund (IWS) - listed on the AMEX Exchange
IWW - iShares Russell 3000 Value Index Fund (IWW) - listed on the AMEX Exchange
JKF - iShares Morningstar Large Value Index Fund (JKF) - listed on the NYSE Exchange
JKI - iShares Morningstar Mid Value Index Fund (JKI) - listed on the NYSE Exchange
JKL - iShares Morningstar Small Value Index Fund (JKL) - listed on the NYSE Exchange
MGV - Mega Cap 300 Value ETF (MGV) - listed on the AMEX Exchange
PVM - Powershares Dynamic Deep Value Portfolio ETF (PVM) - listed on the NYSE Exchange
PWP - Powershares Dynamic Mid Cap Value Portfolio ETF (PWP) - listed on the NYSE Exchange
RFV - Rydex S&P MidCap 400 Pure Value ETF (RFV) - listed on the AMEX Exchange
RPV - Rydex S&P 500 Pure Value ETF (RPV) - listed on the AMEX Exchange
RZV - Rydex S&P SmallCap 600 Pure Value ETF (RZV) - listed on the AMEX Exchange
SJF - UltraShort Russell 1000 Value ETF (SJF) - listed on the AMEX Exchange
SJH - UltraShort Russell 2000 Value ETF (SJH) - listed on the AMEX Exchange
SJL - UltraShort Russell MidCap Value ETF (SJL) - listed on the AMEX Exchange
UVG - Ultra Russell 1000 Value ETF (UVG) - listed on the AMEX Exchange
UVT - Ultra Russell 2000 Value ETF (UVT) - listed on the AMEX Exchange
UVU - Ultra Russell MidCap Value ETF (UVU) - listed on the AMEX Exchange
VBR - Vanguard Small-Cap Value ETF (VBR) - listed on the AMEX Exchange
VOE - Vanguard Mid-Cap Value ETF (VOE) - listed on the AMEX Exchange
VTV - Vanguard Value ETF (VTV) - listed on the AMEX Exchange
XCV-TSX - iShares CDN Value Index Fund (XCV) - listed on the TSX Exchange

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DISCLAIMER: THIS INFORMATION IS INTENDED FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE ANY FINANCIAL ADVICE. RISK IS INVOLVED IN ALL STYLES OF MONEY MANAGEMENT. Uncovered options trading involves greater risk than stock trading. You absolutely must make your own decisions before acting on any information obtained from this Website.

The return results represented on the web site are based on the premium received for the selling options short and do not reflect margin. It is recommended to contact your broker about margin requirements on uncovered options trading before using any information on this web site. Use our "Trade Calculator" to recalculate our past performance in relation to the margin requirements, brokerage commissions and other trading related expenses. Past performance is not indicative of future results.

Risk Statement:

Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.

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