Best/Worst Daily ETF Returns: CHIM Rises 11.57%

The Global X China Materials ETF (CHIM - News) was yesterday’s top-performing fund, returning 11.57 percent, a major reversal for a fund that was one of the worst-performing ETFs last Friday.

In total, five of the top-performing funds on Tuesday were China ETFs, as investors regained hopes that Europe, the top destination for Chinese exports, would avert a major economic crisis.

Investors also appeared to be hanging some of their hopes on the potential for Chinese policymakers to take new steps to stimulate growth for the world’s second-biggest economy.

The Global X FTSE Greece 20 ETF (GREK - News) also experienced a major turnaround, returning 6.05 percent, as investors drew reassurance from polls suggesting pro-eurozone Greek political parties may prevail in upcoming elections.

Worst Performers

The Elements Credit Suisse Global Warming ETN (GWO - News) was meanwhile the worst-performing exchange-traded product yesterday, falling 11.63 percent.

It was the latest setback for a fund that has been dropping precipitously in the past year. The ETN, which tracks an index of companies oriented around reducing the impact of global warming, is a casualty of cutbacks in alternative-energy investment.

The No. 2 fund on the bottom-performers list was the C-Tracks Exchange Traded Notes on the Citi Volatility (CVOL - News), which had 8.05 percent in losses.

CVOL was one of four volatility-related funds dominating the bottom-performers list yesterday. Such securities—considered “portfolio insurance” among sophisticated investors—generally oscillate between sweeping gains and losses, often within the space of a week.

The ETRACS CMCI Livestock Total Return ETN (UBC - News) was No. 3 on the list, with 6.16 percent in losses, an indication of what some analysts see as a coming slowdown in commodities demand.

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
CHIM Global X China Materials 11.57% 3,320 2.33
TSXV Global X S'P/TSX Venture 30 Canada 6.69% 2,775 2.39
CHXX EGShares China Infrastructure 6.57% 23,534 12.42
CHIX Global X China Financials 6.26% 7,600 9.19
GREK Global X FTSE Greece 20 6.05% 34,760 2.95
CVRT PowerShares Convertible Securities 5.94% 2,384 9.12
CHII Global X China Industrials 5.42% 2,100 4.51
AGLS AdvisorShares Accuvest Global Long Short 5.21% 2,100 14.12
REMX Market Vectors Rare Earth/Strategic Metals 4.75% 95,764 172.82
YAO Guggenheim China All-Cap 4.55% 5,361 53.30

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GWO ELEMENTS Credit Suisse Global Warming ETN -11.63% 26,003 2.28
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -8.05% 53,250 9.65
UBC ETRACS CMCI Livestock Total Return ETN -6.16% 13,500 4.48
VXX iPath S'P 500 VIX Short-Term Futures ETN -4.90% 43,664,584 1,660.28
VIXY ProShares VIX Short-Term -4.74% 710,362 151.39
VIIX VelocityShares VIX Short Term ETN -4.66% 261,462 28.68
UNG United States Natural Gas -4.51% 11,431,882 912.39
EWSS iShares MSCI Singapore Small Cap -3.98% 3,500 2.78
EWP iShares MSCI Spain -3.89% 977,657 135.24
HYXU iShares Global ex USD High Yield Corporate Bond -3.58% 4,500 23.39


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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