RE: RE: RE: Switched holdings?Yes , you are right to look at the individual holdings to see why the direction, as an educational thing.
If there is only a few components like T.XIT has, then each component like RIM, OTC and MDA can make XIT more or less to follow the one that changes on the particular day that one moves.
There is nothing wrong with the theory of wanting to know what's moving it.
Of course if it is the heavy weight, it will make the fund move in it's direction.
Which are you wanting to play ? the risk of the individual stock in the fund, or the fund with less risk.
If the HMU is going up and continues on it's trend, are you going to jump off because a spike up happens as it will be a false spike up to you, or are you just going to keep on the train.
Until a trend is over indicated by the fund falling under a technical signal or a candle pattern of a top or whatever one uses on HMU, one is just trying to ace it and pick the top.
The risk of jumping off on a false spike caused by one of the funds components is a coin toss at best.
You could leave the party too early and leave further gains .
The market knows more than the individual investor and trends are your friend.
A Stop-out is when it ends.
Top picking is just as bad as bottom fishing.
Is that what you are trying to do ?
Are you trying to find the date they switched to see if it gave a spike ?
What point would it make ? , are you thinking it may effect a trend channel upper or lower line ?