The Fox 50
Fox Business has put together an industrial index made up of "the largest U.S. companies that make the products you know and use every day." This index includes:
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Anheuser-Busch and Merrill Lynch were included in the original index, but each was acquired by other companies in 2008. They were replaced by Wells Fargo and HP. This index is not available to purchase in the form of an Index Fund or ETF. The fund received criticism from some financial bloggers for putting together an index with so many competing brands, i.e., FedEx-UPS, McDonalds-Yum! Brands, WalMart-Target-Costco, Apple-Dell-Microsoft, Coca-Cola-PepsiCo, and so on.
Read more about this topic: Fox Business Network
Famous quotes containing the word fox:
“Perhaps of all our untamed quadrupeds, the fox has obtained the widest and most familiar reputation.... His recent tracks still give variety to a winter’s walk. I tread in the steps of the fox that has gone before me by some hours, or which perhaps I have started, with such a tip-toe of expectation as if I were on the trail of the Spirit itself which resides in the wood, and expected soon to catch it in its lair.”
—Henry David Thoreau (1817–1862)