Exchange traded funds’ names can be misleading. Many have names that suggest that they make certain types of investments when, in fact, they contain only a nominal amount of such investments. Examples provided by the Wall Street Journal include a an ETF called “Middle East & Africa” that invests only 5% of its funds in the Middle East, a Brazil-Russia-India-China (“BRIC”) fund with only 2% invested in Russian companies, and a fund with the name “homebuilders” with a mere 26% of its assets invested in homebuilders (“What’s in a Name? When It Comes to ETFs, Sometimes Not a Whole Lot”).