This ETF began trading on 10/16/08 at $24.11 invested in 65 holdings and an annual expense of .75%. Lots of info available on investcopowershares.com

Less then 2 months old it has received minimal coverage and trading is very light. Unless the world truly comes to an end this would seem like an excellent BUY & HOLD. Personally I will wait till it dips further it closed at $18.72 on 12/4/08