Morpheus Trading Group is pleased to present you with a complimentary copy of the newly updated Morpheus ETF Roundup (v 1.1). Initially launched in May of 2006, the ETF Roundup is a user-friendly reference tool that groups all the ETFs by sector and sub-sector, then allows you to easily compare the various fund families that offer a product within each group. Confused by the hundreds of exchange traded funds on the market? Do you wish there was a quick and easy way to group all the different ETF families by sector and sub-sector? Want a speedy and efficient way to learn more about a particular ETF, such as the heaviest weighted underlying stocks? If so, we are confident you will appreciate that we at Morpheus Trading Group have already done the hard work for you.

Click here to download the Morpheus ETF Roundup (v 1.1).

Below are highlights of new additions to version 1.1 of the ETF Roundup:

• New ProShares short ETFs! - Perhaps the most exciting thing to happen to the world of ETFs since their inception, the new ProShares family of ETFs enables you to take a bearish stance on the markets while actually buying an ETF. ProShares ETFs mirror the broad-based indices such as the S&P 500 and Nasdaq, but with an inverse price relationship. As the markets go down, the price of these ETFs go up (and vice versa). This is a major benefit to those of you who have a retirement account such as a 401k or IRA because you can effectively sell short the broad market without having a margin account. In addition, the ProShares family also includes a group of ETFs that follow the price of the major indices, but are leveraged 2 to 1. You can get more "bang for your buck" with these, but remember this can work against you as well.
  
  
• Market Vectors Gold Miners (GDX) - A new ETF that tracks the price of gold mining stocks has been added. Unlike the StreetTRACKS Gold Trust, which simply mirrors the price of the spot gold commodity, this ETF is comprised of a group of mining companies.
  
  
• Six new FOREX ETFs - Since version 1.0 of the ETF Roundup, a handful of new ETFs that mirror the exchange rates of various foreign currencies versus the U.S. dollar have been launched. The new Currency Shares by Rydex greatly expand the foreign exchange opportunities beyond the first currency ETF that followed the price of the Euro vs. the U.S. Dollar (FXE). The complete list of Currency Shares is found on the "Specialty ETFs" page of the Morpheus ETF Roundup.
  
  
• New Internet ETF - First Trust recently expanded their ETF offering by adding a well-diversified ETF that correlates to Internet stocks. This is positive, as the Internet HOLDR (HHH) was formerly the only choice for a pure-play Internet ETF, but the antiquated manner in which the HOLDRs are comprised did not even allow for stocks like Google to be included.
  
  
• Wisdom Tree ETFs - A new addition to the realm of ETFs, Wisdom Tree has launched a family of ETFs whose underlying stocks are weighted based on how much dividends they pay as opposed to their total market cap. This is a unique concept that may serve long-term investors well.
  
  
• 31 new PowerShares ETFs on tap - PowerShares, in its bid to become a dominant name in ETF industry, has registered with the SEC to launch 31 new ETFs, most of which will follow specialty sub-sectors. If approved, these ETFs will likely begin trading within the next few months. You can be assured that Morpheus Trading Group will be on top of the situation, producing another updated copy of the ETF Roundup when the new PowerShares are launched. As always, monthly subscribers to any of our services will automatically receive updates as soon as they become available.

We are confident you will find the new Morpheus ETF Roundup to be a great reference tool. If you have any questions or comments on it, please send us an e-mail.