| Performance Comparison From 19 February 2003 To 30 April 2003 |
| Ticker | Security Name and Rank Movement | Change Relative to S&P 500 Index | Absolute Change |
| EWZ | ISHARES INC MSCI BRAZIL | | | | | | | | | | | | | | | | | | | | | +26.17% | +34.67% |
| ILF | ISHARES TR S&P; LTN AM 40 | | | | | | | | | | | | | | | | | | | | | +15.03% | +23.53% |
| IBB | ISHARES TR NASDQ BIO INDX | | | | | | | | | | | | | | | | | | | | | +11.13% | +19.62% |
| EWW | ISHARES INC MSCI MEXICO MEXICO WEBS | | | | | | | | | | | | | | | | | | | | | +6.37% | +14.87% |
| IYC | ISHARES TR DJ US CON CYCL | | | | | | | | | | | | | | | | | | | | | +5.48% | +13.97% |
| EWG | ISHARES INC MSCI GERMAN GERMANY WEBS | | | | | | | | | | | | | | | | | | | | | +5.25% | +13.75% |
| XLY | SECTOR SPDR TR SBI CYCL TRANS | | | | | | | | | | | | | | | | | | | | | +5.11% | +13.60% |
| EWO | ISHARES INC MSCI AUSTRIA AUSTRIA WEBS | | | | | | | | | | | | | | | | | | | | | +4.40% | +12.90% |
| EWD | ISHARES INC MSCI SWEDEN SWEDEN WEBS | | | | | | | | | | | | | | | | | | | | | +4.17% | +12.66% |
| XLU | SECTOR SPDR TR SBI INT-UTILS | | | | | | | | | | | | | | | | | | | | | +4.00% | +12.49% |
| EWA | ISHARES INC MSCI AUSTRALIA AUSTRALIA WEB | | | | | | | | | | | | | | | | | | | | | +3.68% | +12.17% |
| IGW | ISHARES TR GLDM SCHS SEMI | | | | | | | | | | | | | | | | | | | | | +3.34% | +11.84% |
| XLI | SECTOR SPDR TR SBI INT-INDS | | | | | | | | | | | | | | | | | | | | | +2.91% | +11.40% |
| IYJ | ISHARES TR DJ US INDUSTRL | | | | | | | | | | | | | | | | | | | | | +2.60% | +11.10% |
| XLF | SECTOR SPDR TR SBI INT-FINL | | | | | | | | | | | | | | | | | | | | | +1.79% | +10.29% |
| IYF | ISHARES TR DJ US FINL SEC | | | | | | | | | | | | | | | | | | | | | +1.79% | +10.28% |
| IDU | ISHARES TR DJ US UTILS | | | | | | | | | | | | | | | | | | | | | +1.79% | +10.28% |
| IYG | ISHARES TR DJ US FINL SVC | | | | | | | | | | | | | | | | | | | | | +1.44% | +9.93% |
| IWO | ISHARES TR RUSL 2000 GROW | | | | | | | | | | | | | | | | | | | | | +1.29% | +9.79% |
| IWZ | ISHARES TR RUSL 3000 GROW | | | | | | | | | | | | | | | | | | | | | +1.07% | +9.56% |
| IWP | ISHARES TR RUSSELL MCP GR | | | | | | | | | | | | | | | | | | | | | +0.98% | +9.48% |
| EWP | ISHARES INC MSCI SPAIN SPAIN WEBS | | | | | | | | | | | | | | | | | | | | | +0.95% | +9.45% |
| IWM | ISHARES TR RUSSELL 2000 | | | | | | | | | | | | | | | | | | | | | +0.68% | +9.17% |
| QQQ | NASDAQ 100 TR UNIT SER 1 | | | | | | | | | | | | | | | | | | | | | +0.22% | +8.71% |
| IJT | ISHARES TR S&P; SMLCP GROW | | | | | | | | | | | | | | | | | | | | | +0.16% | +8.65% |
| IWN | ISHARES TR RUSL 2000 VALU | | | | | | | | | | | | | | | | | | | | | -0.02% | +8.48% |
| IWF | ISHARES TR RUSSELL1000GRW | | | | | | | | | | | | | | | | | | | | | -0.11% | +8.38% |
| IYY | ISHARES TR DJ US TOTL MKT | | | | | | | | | | | | | | | | | | | | | -0.19% | +8.30% |
| IGM | ISHARES TR GLDM SACHS TEC | | | | | | | | | | | | | | | | | | | | | -0.36% | +8.14% |
| IWV | ISHARES TR RUSSELL 3000 | | | | | | | | | | | | | | | | | | | | | -0.37% | +8.13% |
| IJR | ISHARES TR S&P; SMLCAP 600 | | | | | | | | | | | | | | | | | | | | | -0.54% | +7.96% |
| IJK | ISHARES TR S&P; MIDCP GROW | | | | | | | | | | | | | | | | | | | | | -0.54% | +7.96% |
| IWW | ISHARES TR RUSL 3000 VALU | | | | | | | | | | | | | | | | | | | | | -0.58% | +7.91% |
| IWR | ISHARES TR RUSSELL MIDCAP | | | | | | | | | | | | | | | | | | | | | -0.69% | +7.80% |
| ICF | ISHARES TR COHEN&ST; RLTY | | | | | | | | | | | | | | | | | | | | | -0.77% | +7.72% |
| EWI | ISHARES INC MSCI ITALY ITLALY WEBS | | | | | | | | | | | | | | | | | | | | | -0.79% | +7.71% |
| IVE | ISHARES TR S&P500;/BAR VAL | | | | | | | | | | | | | | | | | | | | | -0.80% | +7.69% |
| IEV | ISHARES TR S&P; EURO PLUS | | | | | | | | | | | | | | | | | | | | | -0.85% | +7.65% |
| IWS | ISHARES TR RUSSELL MCP VL | | | | | | | | | | | | | | | | | | | | | -0.87% | +7.62% |
| EWQ | ISHARES INC MSCI FRANCE FRANCE WEBS | | | | | | | | | | | | | | | | | | | | | -1.04% | +7.46% |
| IWB | ISHARES TR RUSSLL1000INDX | | | | | | | | | | | | | | | | | | | | | -1.04% | +7.46% |
| EZU | ISHARES INC MSCI EMU INDEX | | | | | | | | | | | | | | | | | | | | | -1.04% | +7.45% |
| SPY | SPDR TR UNIT SER 1 | | | | | | | | | | | | | | | | | | | | | -1.16% | +7.33% |
| IVW | ISHARES TR S&P500;/BAR GRW | | | | | | | | | | | | | | | | | | | | | -1.18% | +7.31% |
| IVV | ISHARES TR S&P; 500 INDEX | | | | | | | | | | | | | | | | | | | | | -1.18% | +7.31% |
| IJJ | ISHARES TR S&P; MIDCP VALU | | | | | | | | | | | | | | | | | | | | | -1.24% | +7.25% |
| MDY | MIDCAP SPDR TR UNIT SER 1 | | | | | | | | | | | | | | | | | | | | | -1.26% | +7.23% |
| IYR | ISHARES TR DJ US REAL EST | | | | | | | | | | | | | | | | | | | | | -1.31% | +7.18% |
| IJH | ISHARES TR S&P; MIDCAP 400 | | | | | | | | | | | | | | | | | | | | | -1.35% | +7.15% |
| IYH | ISHARES TR DJ US HEALTHCR | | | | | | | | | | | | | | | | | | | | | -1.42% | +7.07% |
| IJS | ISHARES TR S&P; SMLCP VALU | | | | | | | | | | | | | | | | | | | | | -1.46% | +7.03% |
| EWU | ISHARES INC MSCI UTD KINGD UNITED KINGDO | | | | | | | | | | | | | | | | | | | | | -1.55% | +6.94% |
| EWL | ISHARES INC MSCI SWITZERLD SWITZRLND WEB | | | | | | | | | | | | | | | | | | | | | -1.66% | +6.83% |
| XLB | SECTOR SPDR TR SBI BASIC INDS | | | | | | | | | | | | | | | | | | | | | -1.73% | +6.77% |
| EWC | ISHARES INC MSCI CDA INDEX CANADA WEBS | | | | | | | | | | | | | | | | | | | | | -1.90% | +6.60% |
| IWD | ISHARES TR RUSSELL1000VAL | | | | | | | | | | | | | | | | | | | | | -1.95% | +6.54% |
| EWK | ISHARES INC MSCI BELGIUM BELGIUM WEBS | | | | | | | | | | | | | | | | | | | | | -2.07% | +6.42% |
| XLV | SECTOR SPDR TR SBI CONS SERVS | | | | | | | | | | | | | | | | | | | | | -2.10% | +6.40% |
| IYM | ISHARES TR DJ US BAS MATL | | | | | | | | | | | | | | | | | | | | | -2.35% | +6.14% |
| IYW | ISHARES TR DJ US TECH SEC | | | | | | | | | | | | | | | | | | | | | -2.77% | +5.73% |
| EPP | ISHARES INC MSCI PAC J IDX | | | | | | | | | | | | | | | | | | | | | -3.03% | +5.47% |
| DIA | DIAMONDS TR UNIT SER 1 | | | | | | | | | | | | | | | | | | | | | -3.53% | +4.96% |
| XLK | SECTOR SPDR TR SBI INT-TECH | | | | | | | | | | | | | | | | | | | | | -3.73% | +4.77% |
| IGV | ISHARES TR GLMN SCHS SOFT | | | | | | | | | | | | | | | | | | | | | -4.53% | +3.96% |
| EFA | ISHARES TR MSCI EAFE IDX | | | | | | | | | | | | | | | | | | | | | -4.69% | +3.81% |
| LQD | ISHARES TR GS CORP BD FD | | | | | | | | | | | | | | | | | | | | | -5.30% | +3.20% |
| IYZ | ISHARES TR DJ US TELECOMM | | | | | | | | | | | | | | | | | | | | | -6.00% | +2.50% |
| EWN | ISHARES INC MSCI NETHERLND NETHERLND WEB | | | | | | | | | | | | | | | | | | | | | -6.20% | +2.30% |
| IYK | ISHARES TR DJ US CON NON CYCL | | | | | | | | | | | | | | | | | | | | | -6.55% | +1.94% |
| TLT | ISHARES LEHMAN 20 YEAR TREASURY BOND FUN | | | | | | | | | | | | | | | | | | | | | -6.75% | +1.74% |
| XLE | SECTOR SPDR TR SBI INT-ENERGY | | | | | | | | | | | | | | | | | | | | | -7.07% | +1.42% |
| IYE | ISHARES TR DJ US ENERGY | | | | | | | | | | | | | | | | | | | | | -7.33% | +1.16% |
| IEF | ISHARES LEHMAN 7-10 YEAR TREASURY BOND F | | | | | | | | | | | | | | | | | | | | | -7.69% | +0.81% |
| SHY | ISHARES LEHMAN 1-3 YEAR TREASURY BOND FU | | | | | | | | | | | | | | | | | | | | | -8.19% | +0.30% |
| EWS | ISHARES INC MSCI SINGAPORE SINGAPORE WEB | | | | | | | | | | | | | | | | | | | | | -8.49% | +0.00% |
| XLP | SECTOR SPDR TR SBI CONS STPLS | | | | | | | | | | | | | | | | | | | | | -8.81% | -0.31% |
| EWY | ISHARES INC MSCI S KOREA KOREA WEBS SER | | | | | | | | | | | | | | | | | | | | | -10.43% | -1.93% |
| EWM | ISHARES INC MSCI MALAYSIA MALAYSIA WEBS | | | | | | | | | | | | | | | | | | | | | -14.05% | -5.56% |
| EWH | ISHARES INC MSCI HONG KONG HONG KONG WEB | | | | | | | | | | | | | | | | | | | | | -16.95% | -8.45% |
| EWT | ISHARES INC MSCI TAIWAN | | | | | | | | | | | | | | | | | | | | | -17.30% | -8.81% |
| EWJ | ISHARES INC MSCI JAPAN JAPAN WEBS | | | | | | | | | | | | | | | | | | | | | -18.34% | -9.85% |