A group of emerging market funds was found among the best-performing ETFs for the week ended Thursday, Sept. 20, delivering solid returns to investors who have increasingly taken to international equities in recent weeks.
Even though overall trading volume was rather low amid the best performers, the Market Vector Indonesia Small Cap ETF (IDXJ) and the EGShares India Infrastructure ETF (INXX) raked in gains of 6.4 percent and 5.4 percent, respectively, in the five-day period. Meanwhile, the Dow Jones industrial average ended the Thursday-to-Thursday period only 57 points higher, or up 0.4 percent.
That solid performance was accompanied by another wave of asset inflows into international equities ETFs this past week—investors poured more than $3.8 billion into international equities funds, according to data compiled by IndexUniverse. Broad-in-scope emerging market funds such as the iShares MSCI Emerging Markets Index Fund (EEM) and the Vanguard MSCI Emerging Markets ETF (VWO) were again two of the most popular ETFs in the period.
On the downside, commodities funds dominated the bottom-performers list for the week ended Thursday, particularly energy-focused strategies. A sharp drop in oil prices linked to a glut in supplies was partly to blame.
The $429 million iPath S'P GSCI Crude Oil Total Return ETN (OIL) dropped 5.8 percent, with more than 1 million shares trading hands, on average, on a daily basis. The iPath Pure Beta Crude Oil ETN (OLEM) bled 5.7 percent.
But the bulk of the trading action among the worst-performing funds of the week was in the $1.06 billion United States Natural Gas Fund (UNG), which slipped 5.8 percent amid an average daily trading volume of more than 7.7 million shares.
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| AAIT | iShares MSCI All Country Asia Information Technology | 8.74% | 1,317 | 1.34 |
| AXIT | iShares MSCI ACWI ex-US Information Technology | 7.46% | 2,326 | 2.66 |
| AXMT | iShares MSCI ACWI ex-US Materials | 6.96% | 1,640 | 2.69 |
| AXDI | iShares MSCI ACWI ex-US Consumer Discretionary | 6.47% | 3,770 | 3.08 |
| IDXJ | Market Vectors Indonesia Small Cap | 6.36% | 5,999 | 2.41 |
| INXX | EGShares India Infrastructure | 5.47% | 96,911 | 55.00 |
| EMEY | iShares MSCI Emerging Markets Energy Sector Capped | 5.47% | 1,130 | 2.16 |
| UBM | ETRACS CMCI Industrial Metals Total Return ETN | 5.20% | 18,750 | 5.57 |
| SCIF | Market Vectors India Small-Cap | 4.92% | 232,179 | 41.51 |
| JUNR | Global X Junior Miners ETF | 4.91% | 83,040 | 2.27 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| VIIZ | VelocityShares VIX Mid Term ETN | -10.12% | 1,140 | 6.12 |
| GRN | iPath Global Carbon ETN | -8.75% | 3,384 | 1.27 |
| GWO | ELEMENTS Credit Suisse Global Warming ETN | -8.08% | 1,087 | 2.87 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -6.64% | 319,391 | 4.44 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -6.38% | 436,278 | 37.56 |
| SOYB | Teucrium Soybeans | -6.34% | 174,432 | 11.51 |
| OIL | iPath S'P GSCI Crude Oil Total Return ETN | -5.84% | 5,375,724 | 429.79 |
| UNG | United States Natural Gas | -5.80% | 38,569,908 | 1,066.79 |
| TWTI | RBS Oil Trendpilot ETN | -5.76% | 44,647 | 7.80 |
| OLEM | iPath Pure Beta Crude Oil ETN | -5.71% | 16,130 | 21.28 |
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