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Apple's Bear Crash Is Biting These ETFs

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Apple Inc. NASDAQ:AAPL, SPDR Technology Select Sector Fund ETF ETF:XLK - Apple's Bear Crash Is Biting These ETFs

Shares of Apple Inc. AAPL 6.12%, still the largest U.S. company by market value, fell 6.1 percent on Friday and have tumbled more than 15 percent over the past month. That puts the iPhone maker's stock well into correction territory.

Actually, by the strictest definition of a correction, which is a 10 percent decline, Apple has treated investors to a correction and a half. In a scenario investors in exchange traded funds became unfortunately familiar with during Apple's nasty 2012 correction, plenty of well-known ETFs are incurring damage largely attributable to...