Best/Worst Daily ETF Returns: UNG Drops 5.36%

IndexUniverse.com

The United States Natural Gas Fund (UNG - News) was the worst-performing ETF Friday July 6, dropping 5.36 percent as the market in general gave in to renewed concerns that economic growth both here and abroad might be slower than expected.  

The latest bill of health on the U.S. economy came courtesy of the U.S. Labor Department, which reported Friday that only 80,000 new jobs were created in June, a number that disappointed the prevailing market expectations going into the report. The country’s unemployment rate was left unchanged at 8.2 percent.

The Dow Jones industrial average fell 124.20 points on the jobs report, or 1 percent, to close at 12,772.47 Friday. The disappointing data also helped send oil prices lower for a second day, as sluggish economic growth doesn’t necessarily bode well for energy demand.

NYMEX crude oil futures for August delivery dropped $2.77, or 3.2 percent, to $84.45 a barrel.

The Teucrium Natural Gas Fund (NAGS - News) and the United States 12 Month Natural Gas Fund (UNL - News) were also among the day’s bottom performers, shedding 4.1 percent and 3.7 percent of value, respectively.

On the flip side, the SPDR S'P International Consumer Discretionary ETF (IPD - News) was the best-performing ETF Friday, tagging on gains of 3.33 percent amid thin trading volume.

The iShares Dow Jones U.S. Home Construction Index Fund (ITB - News) rose 1.66 percent Friday, as nearly 3 million shares of the fund traded hands. ITB now has $851.4 million in assets.


Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
IPD SPDR S'P International Consumer Discretionary 3.33% 6,706 7.90
FVI First Trust Value Line Equity Allocation 3.33% 1,200 3.67
JJA iPath Dow Jones UBS Agriculture Total Return ETN 3.08% 59,950 119.44
GASZ ETRACS Natural Gas Futures Contango ETN 2.26% 21,484 11.68
ONG iPath Pure Beta Energy ETN 2.05% 2,500 2.25
IFEU iShares FTSE EPRA/NAREIT Developed Europe 1.92% 2,909 13.21
GREK Global X FTSE Greece 20 1.86% 13,615 5.86
SGG iPath Dow Jones-UBS Sugar Total Return ETN 1.84% 15,409 27.64
FAA Guggenheim Airline 1.72% 9,073 17.20
ITB iShares Dow Jones U.S. Home Construction 1.66% 2,966,683 851.40

Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
UNG United States Natural Gas -5.36% 26,519,971 1,094.16
SKYY First Trust ISE Cloud Computing -4.95% 64,865 71.34
PTM ETRACS CMCI Long Platinum Total Return ETN -4.87% 33,262 33.24
IGV iShares S'P North American Technology-Software -4.12% 57,324 600.80
NAGS Teucrium Natural Gas Fund -4.11% 2,342 3.50
JJE iPath Dow Jones-UBS Energy Total Return ETN -3.88% 1,900 11.10
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -3.86% 90,599 37.53
JJN iPath Dow Jones-UBS Nickel Total Return ETN -3.85% 1,260 6.85
UNL United States 12 Month Natural Gas -3.76% 37,316 41.92
WEAT Teucrium Wheat -3.66% 15,421 3.00

 

Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.

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