Best/Worst Daily ETF Returns: ITB Rises 3.35%

IndexUniverse.com

The iShares Dow Jones U.S. Home Construction Index Fund (ITB - News) benefited from strength in the U.S. stock market and tagged on gains of more than 3.3 percent, making it the best-performing exchange-traded fund Tuesday, June 5.

The corrective move came just two days after the fund led IndexUniverse’s “bottom performers” chart with losses of more than 6.2 percent.

Housing-related funds have been under pressure recently amid concerns that demand for homes in the U.S. remains constrained by joblessness and tight credit availability. Home values across the country are still some 35 percent off their 2006 peak levels.

Still, overall gains in the U.S. stock market helped support a lot of equities funds. The Dow Jones industrial average ended the session 26.49 points higher, or 0.22 percent, at 12,127.95 Tuesday, in what was its first positive closing in five days.

The gold-linked PowerShares Global Gold and Precious Metals Portfolio (PSAU - News) and the Market Vectors Junior Gold Miners ETF (GDXJ - News) were also strong performers, as investors continued to look at gold as a good insurance policy in times of economic uncertainty.

PSAU climbed 3.3 percent, while GDXJ gained 2.7 percent on the day.

Rounding out the “top 10 1-day performers” list was a group of niche funds linked to the alternative energy space.

The Global X Uranium ETF (URA - News), the Market Vectors Solar Energy ETF (KWT - News) and the First Trust Nasdaq Clean Edge Green Energy ETF (QCLN - News) gained 3.1 percent, 2.9 percent and 2.8 percent, respectively, Tuesday.

Bottom Performers

Commodities- and Treasurys-linked ETFs were among the weakest performers Tuesday, even if it was volatility funds that again dominated the “bottom performers” chart.

Two of Teucrium’s commodities ETFs gave up ground in an uncertain market environment that hasn’t been kind to commodities funds in recent weeks. Indeed, investors continue to worry about demand for everything from grains to energy to finished goods going forward.

The Teucrium Wheat Fund (WEAT - News) slid 3.5 percent, while the Teucrium Corn Fund (CORN - News) dropped 2.2 percent Tuesday.

Meanwhile, in the bond space, the $223 million Vanguard Extended Duration Treasury Fund (EDV - News) and the Pimco 25+ Year Zero Coupon U.S. Treasury Fund (ZROZ - News) gave up 2.3 percent and 2.2 percent in value, respectively.


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
ITB iShares Dow Jones U.S. Home Construction 3.35% 2,523,642 624.36
NIB iPath Dow Jones-UBS Cocoa Total Return ETN 3.28% 26,440 23.18
PSAU PowerShares Global Gold and Precious Metals Portfolio 3.28% 5,872 35.78
URA Global X Uranium 3.11% 91,809 137.56
KWT Market Vectors Solar Energy 2.88% 37,359 9.04
YMLP Yorkville High Income MLP 2.84% 55,215 32.87
QCLN First Trust NASDAQ Clean Edge Green Energy 2.79% 4,512 15.76
ENY Guggenheim Canadian Energy Income 2.77% 8,757 88.02
GDXJ Market Vectors Junior Gold Miners 2.74% 5,250,538 2,269.46
REMX Market Vectors Rare Earth/Strategic Metals 2.73% 159,853 166.54

Bottom 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 -8.05% 24,704 11.34
GREK Global X FTSE Greece 20 -5.35% 39,530 3.04
WEAT Teucrium Wheat -3.52% 1,750 4.40
ONEF The Russell Equity Fund -2.94% 2,000 3.82
EDV Vanguard Extended Duration Treasury -2.34% 52,658 223.62
VXX iPath S'P 500 VIX Short-Term Futures ETN -2.31% 46,856,473 1,823.37
VIIX VelocityShares VIX Short Term ETN -2.24% 233,657 35.72
CORN Teucrium Corn -2.24% 66,650 49.70
VIXY ProShares VIX Short-Term -2.21% 635,020 159.43
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury -2.16% 38,637 176.24

 

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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