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Best and Worst ETFs of 2011

By Ben Steverman - 2011-12-20T03:31:39Z

Photograph by Tim Boyle/Bloomberg

9 of 23

Pharmaceutical HOLDRs Trust

Total return: 11.9%

Fund company: Merrill Lynch

Industry focus: Health & biotechnology

Fund ticker/Total assets: PPH, $521 million

Top holdings, with 2011 total return:

Johnson & Johnson (JNJ), +6.4%

Pfizer (PFE), +18%

Merck & Co. (MRK), +1.9%

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