Alright, so maybe the Mitt Romney ETF Portfolio was a tad premature. Let's be honest, the former Massachusetts governor fizzled in Saturday's GOP primary in South Carolina.
Romney was drubbed by former Speaker of the House New Gingrich (R-GA) and Gingrich now has the looks of a front-runner. Of course, that could change with the wind and Gingrich has myriad problems to contend with, past marital issues being at the top of the list.
We'll still roll the dice on a Newt Gingrich ETF Portfolio. As of today, there's a pretty good chance that Gingrich, not Romney, will be challenging President Obama come November. Here is the Newt Gingrich ETF Portfolio.
SPDR Gold Shares GLD
We're not saying Gingrich is a gold bug per se, but the former Speaker has called for a sequel to Reagan-era Gold Commission. The candidate has extolled the virtues of hard money though he isn't the only GOP candidate doing that in the field. Rep. Ron Paul (R-TX) is avid fan of the yellow metal and was a member of the Reagan Gold Commission in the early 1980s.
On the other hand, a University of Chicago poll of 40 economists showed no support for the concept that a gold standard would lead to a more stable U.S. jobs market or keep prices lower, Mineweb reported.
Financial Select Sector SPDR XLF
The Financial Select Sector SPDR makes the list not because Gingrich is reaping so many donations from big banks. We put XLF in the portfolio because Gingrich has said he would support breaking up the big banks and that repealing Glass-Steagall wasn't a wise idea. Hindsight's 20/20, right? Should Gingrich carry on with his desire to break up big banks, XLF constituents may be more apt to support President Obama should Gingrich get the GOP nod.
Market Vectors High-Yield Muni ETF HYD
Gingrich's 2010 tax return shows nearly $11,000 in dividends from tax exempt investments. While the return doesn't specify from which vehicles those investments came, it's not out of the realm of possibility that they came from muni bonds. Don't let Newt by your inspiration for getting involved with HYD. The 5.9% yield is a more legitimate reason to consider the ETF.
SPDR Morgan Stanley Technology ETF MTK
Hard to get too excited about this one, but Bloombeg recently reported that Gingrich owned shares of Hewlett-Packard HPQ, which is part of MTK's lineup. Gingrich should have copied his rival Romney and bought Apple AAPL.
PowerShares Aerospace & Defense ETF PPA
Gingrich was a Boeing BA shareholder in the 1990s and has chastised the National Labor Relations Board for suing the aerospace giant following labor strikes last year. PPA is up almost 6% year-to-date.
SPDR S&P Oil & Gas Exploration & Production ETF XOP
Gingrich has made some audacious claims regarding how much oil can actually be found and produced here in the U.S. Some would even argue Gingrich's oil facts are in serious need of fact-checking. What cannot be debated is that he's supportive of additional domestic drilling and that XOP would be one potential ETF winner if Gingrich's next address is the White House.
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