I have stumbled upon what might be a major flaw in the Worden ETF databases. Some time ago, I noticed that the DJ Transports ETF IYT was missing 2 stocks. I brought this to the attention of Worden Support and it was corrected in a couple of days.

Tonight I stumbled on an error in the XHB ETF, then horror of all horrors, I checked the XRT and XLY ETFs and they had discrepancies as well. I suggest NOT trusting the Worden ETF listings to be accurate of that ETF.

For example:

• the Worden XHB only had 18 stocks instead of 35
• their XRT only had 48 stocks instead of 94
• The XLY listing has BEAM and RSH which are not in the SPDR XLY holdings list and is missing BWA, CMG, DLTR, FOSL and TRIP

I have reported these to Worden Support, but I only checked the components for 3 ETFs tonight and ALL of them had errors. Use at your peril.

CAVEAT EMPTOR

UPDATE

I received a reply to my e-mails on the bad ETF data. Here it is:

++++++++++++++++++++++++

The Data Department is aware that not all of our ETF Component watchlists are fully populated.  They are going through these watchlists to make sure that everything is populated.  This is an ongoing project so it is a work in progress and is taking some time to complete.

I will report the SPDRs Retail EFT and Select Sector SPDR - Consumer Discretionary watchlists to them.

Thank You,

Technical Support Agent

Brought this discrepancy to their attention several YEARS ago......still working on it I guess !!