RT Journal Article SR Electronic T1 Practical Applications of Exchange-Traded Funds: Sector Performance and Diversification JF Practical Applications FD Institutional Investor Journals SP 1 OP 3 DO 10.3905/pa.5.3.252 VO 5 IS 3 A1 Carl F. Luft A1 John P. Plamondon YR 2018 UL https://pm-research.com/content/5/3/1.10.abstract AB ETFs continue to be valuable asset allocation tools, especially for investors looking for specific sector exposures. But how confident can investors be that ETF returns will replicate their chosen sectors? And how broad should the benchmark be? In an interview with Institutional Investor Journals, Carl Luft of DePaul University explains that correlations are actually closer with sector indices that match the S&P 1500 index, versus the more frequently used S&P 500 index.