Best/Worst Daily ETF Returns: EIDO Falls 5.9%

Some of the worst-performing ETFs last Friday were funds focused on Asia, and on Indonesia in particular, as the region gets caught up in what appears to be a broad slowdown.

Although Moody’s Analytics projects that the Indonesian economy will grow by 6.2 percent this year, soft demand in Europe is expected to hurt commodity exports.

The iShares MSCI Indonesia Investable Market Index Fund (EIDO - News) was the worst-performing fund, suffering 5.9 percent in losses.

Three of the worst-performing funds were natural gas ETFs, as that sector continues to receive a battering from a combination of increased supplies and demand that’s steady to slowing.

Top Performers

On the flip side, Brazilian stocks bounced back last Friday after being hammered for much of May, with six ETFs focused on South America’s biggest economy on IndexUniverse’s list of the top 10 1-day best-performing ETFs.

Not all sectors rose, but a broad variety of other Brazilian funds shot up as bargain hunters shopped and investors bet on encouraging news about the future of that country’s economy.

Pumping up Brazil’s market are investor expectations that the country’s central bank is about to lower base interest rates, which would help companies both reduce costs and invest more.

Among the Brazil-focused funds were the iShares MSCI Brazil Small Cap Index Fund (EWZS - News), which returned 4.04 percent in gains, and the EGShares Brazil Infrastructure ETF (BRXX - News), which returned 2.05 percent.

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
EWZS iShares MSCI Brazil Small Cap 4.04% 12,494 46.36
BRAZ Global X Brazil Mid Cap 3.92% 6,730 19.67
BRAQ Global X Brazil Consumer 3.23% 1,197 22.98
BRF Market Vectors Brazil Small-Cap 2.79% 264,077 481.29
GDXJ Market Vectors Junior Gold Miners 2.72% 4,631,295 2,025.77
VNM Market Vectors Vietnam 2.60% 190,198 313.49
FBZ First Trust Brazil AlphaDex 2.58% 98,106 6.70
BRXX EGShares Brazil Infrastructure 2.05% 38,262 74.66
EWZ iShares MSCI Brazil 1.99% 23,910,445 7,153.82
PSAU PowerShares Global Gold and Precious Metals Portfolio 1.95% 3,719 34.02

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
EIDO iShares MSCI Indonesia Investable Market -5.90% 356,259 269.71
IDX Market Vectors Indonesia -5.82% 2,137,829 463.65
CHIM Global X China Materials -5.74% 1,682 2.21
EU WisdomTree Euro Debt -5.00% 2,786 4.84
UNG United States Natural Gas -3.35% 11,131,844 964.64
GREK Global X FTSE Greece 20 -2.89% 45,231 2.75
PEK Market Vectors China -2.87% 7,800 16.37
IOIL IQ Global Oil Small Cap -2.45% 7,240 2.33
NAGS Teucrium Natural Gas Fund -1.69% 3,315 3.47
UNL United States 12 Month Natural Gas -1.64% 56,654 37.69


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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