Tiny ETF is bellwether for confidence in mortgage market

09/15/2008 | MarketWatch

iShares FTSE NAREIT Mortgage REITs, a small exchange-traded fund, could end up being the gauge for shaken confidence in the mortgage markets. Despite having just $30 million in assets and being thinly traded, the fund jumped 6% after news about a government rescue of Fannie Mae and Freddie Mac broke.

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