The Value Line Select ETF Index

Description and Methodology of the Value Line Select ETF Index

VL ETF Index Value*: 179.08
One-Day Total Return*: +0.20%

*as of close on 5/21/2012

The most recent Rebalance and reconstitution date: 5/15/2012


Members of the Value Line Select ETF Index
TickerName
AGGISHARES LEHMAN AGG BOND FUND
AGZISHARES TR AGENCY BD FD
BABPOWERSHARES BUILD AMERICA PORTFOLIO
BIVVANGUARD INTERMEDIATE-TERM B
BLVVANGUARD LONG-TERM BOND ETF
BSVVANGUARD SHORT-TERM BOND ETF
CFTISHARES LEHMAN CREDIT BOND F
CIUISHARES LEHMAN INTERMEDIATE
CLYISHARES 10+ YEAR CREDIT BOND FUND
CMFISHARES S&P CALI MUNI BOND
CPIIQ CPI INFLATION HEDGED ETF
CSJISHARES LEHMAN 1-3 YEAR CRED
DVYiShares Dow Jones Select Dividend Index
EDVVANGUARD EXTENDED DUR TREAS
EMBISHARES JP MORGAN EM BOND FD
FIVZPIMCO 3-7 YR US TREAS IND FD
GBFISHARES LEHMAN GOVERNMENT/CR
GDXMarket Vectors Gold Miners ETF
GLJISHARES 10+ YEAR GOVERNMENT/CREDIT BOND FUND
GVIISHARES LEHMAN INTERMEDIATE
HYDMARKET VECTORS HI YLD MUNI
HYGISHARES IBOXX H/Y CORP BOND
IDUiShares Dow Jones US Utilities
IEFISHARES LEHMAN 7-10YR TREAS
IEIISHARES LEHMAN 3-7 YEAR TREA
IPESPDR BARCLAYS CAPITAL TIPS E
ITESPDR LEHMAN INT TERM TREAS E
IVWiShares S&P 500 Growth Index
JNKSPDR LEHMAN HIGH YIELD BOND
LQDISHARES IBOXX INV GR CORP BD
LTPZPIMCO 15+ YR US TIPS INDEX FN
LWCSPDR BARCLAYS CAP L/T CR BND
MBBISHARES LEHMAN MBS FIXED-RAT
MBGSPDR BARCLAYS CAP MORT BACK
MLNMARKET VECTORS-AMT-FREE MUNI
MUBISHARES S&P NAT MUNI BOND FD
NYFISHARES S&P NY MUNI ETF
PCYPOWERSHARES EM MAR SOV DE PT
PFFiShares S&P U.S. Preferred Stock Index
PLWPOWERSHARES 1-30 LADDERED TP
PWZPOWERSHARES INS CAL MU BD PT
PZAPOWERSHARES IN NATL MUN B PT
PZTPOWERSHARES IN NY MUN BD PRT
SCHRSCHWAB STRATEGIC TR INTRM TRM TRES
SDYSPDR S&P DIVIDEND ETF
SHVISHARES LEHMAN SHORT TREASUR
SHYISHARES TR BARCLAYS 1-3 YR
STPZPIMCO 1-5 YEAR US TIPS INDEX FD
TENZPIMCO 7-15 YR US TREASURY IN
TIPISHARES LEHMAN TRES INF PR S
TIPZPIMCO BROAD US TIPS INDEX FN
TLHISHARES LEHMAN 10-20 YEAR TR
TLOSPDR LEHMAN LT TREAS ETF
TLTISHARES LEHMAN 20+ YR TREAS
VCITVANGUARD INTERMEDIATE-TERM C
VCLTVANGUARD LONG-TERM CORP BOND
VCSHVANGUARD S/T CORP BOND ETF
VGITVANGUARD INTERM-TERM GOVT BD
VGLTVANGUARD LONG-TERM GOV BOND
VMBSVANGUARD MORTGAGE-BACKED SEC
VPUVanguard Utilities ETF
XLEEnergy Select Sector SPDR
XLKTechnology Select Sector SPDR
XLPConsumer Staples Select Sector SPDR
XLUUtilities Select Sector SPDR
ZROZPIMCO 25+ YR ZERO CPN US TIF


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