Best/Worst Daily ETF Returns: GLDX Rises 4.81%

ETF.com

The Global X Gold Explorers ETF (GLDX) was the best-performing fund Wednesday, July 25, tagging on gains of 4.81 percent, and leading a pack of other miner funds up with it.

The $28 million iShares MSCI Global Gold Miners Index Fund (RING) also saw gains of more than 4.2 percent on the day, but the bulk of the trading action was on the $2.04 billion Market Vectors Junior Gold Miners ETF (GDXJ), which rallied 4 percent amid trading volume of more than 2.76 million shares.

Gold miner ETFs are equities funds, so they are usually more correlated to the equities markets than to gold prices. Still, a rally in gold futures to three-week highs Wednesday was a supportive factor.

The Dow Jones industrial average tagged on 58.73 points Wednesday to close the day 0.5 percent higher, at 12,676.05, but both the S'P 500 and the Nasdaq Composite ended the session in the red following a disappointing earnings report by tech giant Apple.

On the flip side, the iShares MSCI Emerging Markets Consumer Discretionary Sector Index Fund (EMDI) was Wednesday’s worst-performing fund, giving up 3.71 percent on the day. But it’s worth noting that EMDI is very small fund—only $2.2 million in total assets—and the price action came amid very thin trading volume.

Natural gas funds were among the day’s bottom performers as well, with the $1.15 billion United States Natural Gas Fund (UNG) bleeding 3.15 percent of its value.


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GLDX Global X Gold Explorers 4.81% 41,596 29.07
DPU PowerShares DB Commodity Long ETN 4.76% 53,886 5.74
RING iShares MSCI Global Gold Miners 4.22% 2,700 28.66
GDXJ Market Vectors Junior Gold Miners 4.00% 2,763,601 2,043.71
AGF PowerShares DB Agriculture Long ETN 3.60% 7,100 13.08
WEAT Teucrium Wheat 3.60% 7,065 3.67
SOYB Teucrium Soybeans 3.56% 71,397 12.65
PSAU PowerShares Global Gold and Precious Metals Portfolio 3.50% 5,667 30.54
IGN iShares S'P North American Technology-Multimedia Networking 3.38% 22,358 206.22
SIL Global X Silver Miners 3.34% 126,106 259.16

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
EMDI iShares MSCI Emerging Markets Consumer Discretionary Sector -3.71% 4,605 2.25
ITB iShares Dow Jones U.S. Home Construction -3.57% 5,494,381 781.55
UBN ETRACS CMCI Energy Total Return ETN -3.53% 28,819 2.91
JJS iPath Dow Jones-UBS Softs Total Return ETN -3.28% 2,075 18.32
UNG United States Natural Gas -3.15% 12,638,681 1,152.50
WMW ELEMENTS Morningstar Wide Moat Focus Total Return ETN -2.93% 1,370 14.58
NAGS Teucrium Natural Gas Fund -2.40% 2,660 3.68
IHF iShares Dow Jones U.S. Healthcare Providers -2.17% 42,185 233.21
JJT iPath Dow Jones-UBS Tin Total Return ETN -1.98% 9,450 8.69
BAL iPath Dow Jones-UBS Cotton Total Return ETN -1.88% 17,122 30.69

 

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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