The EGShares Financials GEMS (FGEM - News), a fund that invests in large emerging market companies in the financials industry, was No. 1 on IndexUniverse’s “Bottom 10 1-Day Performers” list, with 5.15 percent in losses.
GEMS was one of a number of emerging market funds that fell on Friday, as investors have become concerned about a bubble in developing countries fueled in part by overstretched European lenders.
The db-X MSCI Brazil Currency-Hedged Equity (DBBR - News) was No. 5 on the list, with 3.31 percent in losses. The Market Vectors China (PEK - News) was No. 9 on the list, with 2.84 percent in losses.
The PowerShares KBW Capital Markets Portfolio (KBWC - News), a fund that holds broker-dealers, asset managers, trust and custody banks, was No. 2 on the bottom-performers list, with 4.55 percent in losses—a victim perhaps of increased worries about the implications of JP Morgan’s trading losses last week.
Agriculture-related commodity ETFs also were hit hard on Friday, spurred by concerns about slowing global growth.
The iPath Dow Jones-UBS Cotton Total Return ETN (BAL - News) was No. 3 on the bottom performers list, returning 3.57 percent in losses.
Top Performers
The C-Tracks Exchange-Traded Notes on the Citi Volatility (CVOL - News) was No. 1 on IndexUniverse’s “Top 10 1-Day Performers” list—one of a number of volatility-related funds that benefitted from investor conerns about the stability of the eurozone and the implications of JP Morgan's trading loss.
The iPath S'P 500 VIX Mid-Term Futures ETN (VXZ - News) was No. 4 on the top performers, list with 1.71 percent in gains.
The iPath S'P VIX Short-Term Futures ETN (VXX - News) was No. 6 on the list, with 1.57 percent in gains. The VelocityShares VIX Short Term ETN (VIIX - News) was No. 8 on the list, with 1.42 percent in gains.
Biotech ETFs also surged on Friday, in part due to last week’s announcement by Vertex Pharmaceuticals of a study showing positive results for a new treatment for cystic fibrosis.
The SPDR S'P Biotech ETF (XBI - News) was No. 3 on the top performers list, with 1.75 percent in gains.
Also, the Market Vectors Biotech ETF (BBH - News) was No. 9 on the list, with 1.34 percent in gains. The iShares Nasdaq Biotechnology Index Fund (IBB - News) was No. 10 on the list, with 1.33 percent in gains.
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | 2.92% | 13,170 | 8.26 |
| EEME | iShares MSCI Emerging Markets EMEA Index | 2.11% | 10,200 | 10.38 |
| XBI | SPDR S'P Biotech | 1.75% | 784,665 | 548.76 |
| VXZ | iPath S'P 500 VIX Mid-Term Futures ETN | 1.71% | 339,647 | 224.65 |
| ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury | 1.61% | 4,549 | 139.65 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 1.57% | 35,889,472 | 1,972.91 |
| VIXM | ProShares VIX Mid-term | 1.56% | 16,176 | 109.68 |
| VIIX | VelocityShares VIX Short Term ETN | 1.42% | 259,300 | 26.67 |
| BBH | Market Vectors Biotech | 1.34% | 33,255 | 107.43 |
| IBB | iShares NASDAQ Biotechnology | 1.33% | 948,693 | 1,807.66 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| FGEM | EGShares Financials GEMS | -5.15% | 2,000 | 3.76 |
| KBWC | PowerShares KBW Capital Markets Portfolio | -4.55% | 1,100 | 1.54 |
| BAL | iPath Dow Jones-UBS Cotton Total Return ETN | -3.57% | 55,744 | 32.29 |
| SOYB | Teucrium Soybeans | -3.35% | 6,289 | 4.62 |
| DBBR | db-X MSCI Brazil Currency-Hedged Equity | -3.31% | 1,600 | 4.34 |
| VNM | Market Vectors Vietnam | -3.27% | 148,887 | 349.17 |
| AGF | PowerShares DB Agriculture Long ETN | -3.13% | 2,400 | 10.23 |
| GGGG | Global X PURE Gold Miners | -3.00% | 5,200 | 4.12 |
| PEK | Market Vectors China | -2.84% | 1,100 | 16.90 |
| GLDX | Global X Gold Explorers | -2.64% | 21,031 | 27.51 |
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.
Permalink | ' Copyright 2012 IndexUniverse LLC. All rights reserved