Five ETFs For Tebow-mania

Sunday's match-up of dreamy quarterbacks wasn't all that dreamy for one as Tom Brady led the New England Patriots to a resounding victory over the Denver Broncos and Tim Tebow. Still, the legend of Tebow, like it or not, hasn't suffered much damage and the phenomenon known as Tebow-mania isn't going anywhere for now. Stats junkies may argue the validity of Tebow-mania. After all, the Broncos have the NFL's second-worst passing attack. Tebow has played in 12 games this year, but there are more than 30 quarterbacks that have thrown for more yards than he has and a fair amount of that group have played in less games than the former University of Florida star. Let's be honest, Tebow's exploits can often be overstated, at least from a statistical perspective. In college, he was credited with winning two national championships, but folks forget he was not the primary quarterback for the Florida team that won the title in his freshman year. His own coach in Denver admits Tebow would struggle in an offense that wasn't explicitly suited to his skills. All that aside, Tebow-mania is here, it is real and it's the sports story du jour. So let's have a look at some ETFs that Tim Tebow would love. iPath DJ-UBS Sugar TR Sub-Index ETN SGG: This one actually makes a lot of sense. Not only did Tebow lead the Gators to a Sugar Bowl victory in his senior season, he's a native Floridian and the Sunshine State is a major sugar producer. The iPath DJ-UBS Sugar TR Sub-Index ETN is about as erratic as Tebow's passes. One minute this thing looks sweet, the next minute it's sour. Very shortable on a move below $79. PowerShares QQQ QQQ: The Broncos play at Invesco Field. Invesco IVZ owns PowerShares, the fourth-largest U.S. ETF issuer with $43.3 billion in assets under management and 118 funds as of the end of November, according to the National Stock Exchange. On its own, QQQ has over $24 billion in AUM and is the seventh-largest U.S.-listed ETF. Consumer Staples Select Sector SPDR XLP: Go figure. Tebow, a former Florida Gator, didn't want to endorse Gatorade, which was invented at the University of Florida. Noble to rebuff those big endorsement checks from PepsiCo PEP, maker of Gatorade and a top-10 holding in the Consumer Staples Select Sector SPDR, one of the few sector ETFs that's positive on the year. Tebow endorses a comparable product made by FRS Health Energy. Maybe he'll make it so popular that one of XLP's constituents buys the company, but that's just speculation at this point. iShares MSCI USA ESG Select Index Fund KLD: Tebow's religious values are well known and a frequent point of criticism. Some people love Tebow for his faith, others deride him for it. Either way, KLD is one socially responsible ETF to consider and it's actually held up relatively well this year. Still, we're not sure how socially responsible an ETF with a 9.1% weight to the energy sector is. Not to mention, some of KLD's consumer discretionary names have been in trouble for sweatshop labor practices in the past. SPDR S&P Retail ETF XRT: Of course, the SPDR S&P Retail ETF is one of this season's most important ETFs, but it's also a Tebow play as at least seven of XRT's holdings combing for over 10% of the ETF's weight are places to buy Tebow jerseys or video games that he has graced the cover of. More importantly, this ETF has performed well this year and could make new highs if it breaks resistance at $54 on strong volume. At the moment, XRT and XLP are the most reliable and safest members of this list.
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