Best/Worst Weekly ETF Returns: Miners Rebound

IndexUniverse.com

A mix of funds were top performers in the week ending Thursday, April 25, as gold prices recovered from a recent sell-off, while energy funds outperformed as well. Meanwhile, the week’s underperformers were volatility-focused ETNs and natural gas funds.

The S'P 500 rallied 43.55 points, or 2.82 percent, ending that same five-day period at 1585.16.

After the previous week’s declines in gold bullion prices, the week ended April 25 saw a rebound that boosted the net asset value of gold-related exchange-traded funds. The Global X Pure Gold Miners fund (GGGG) saw the largest gain, ramping up NAV by 12.42 percent.

Solar energy funds, like the Guggenheim Solar ETF (TAN), also outperformed their peers by as much as 15.67 percent.

Natural gas exchange-traded products suffered losses, the most notable of which being the iPath Dow Jones-UBS Natural Gas Total Return ETN (GAZ), which dropped 6.45 percent as natgas rebounded from a temporary, seasonal spike in performance.

GAZ is closed to creations, distorting its movements, so the United States Natural Gas Fund (UNG) is the better indicator of movements in gas futures. UNG had a decline of 5.25 percent in the five-day trading period.

Volatility-focused ETNs meanwhile fell as markets rallied.


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
TAN Guggenheim Solar 15.67% 1,123,477 67.07
GGGG Global X PURE Gold Miners 12.42% 68,157 3.10
KWT Market Vectors Solar Energy 12.34% 14,896 12.53
GLDX Global X Gold Explorers 11.08% 897,863 29.89
ITB iShares Dow Jones U.S. Home Construction 10.75% 27,453,578 2,295.53
PBW PowerShares WilderHill Clean Energy 10.64% 1,484,541 138.23
GDXJ Market Vectors Junior Gold Miners 10.56% 25,285,249 1,740.21
SIL Global X Silver Miners 10.41% 1,092,118 229.83
QCLN First Trust NASDAQ Clean Edge Green Energy 9.48% 287,760 31.73
AZIA Global X Central Asia ' Mongolia 9.23% 3,932 2.20

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VXX iPath S'P 500 VIX Short-Term Futures ETN -13.85% 258,759,190 1,206.11
VIIX VelocityShares VIX Short Term ETN -13.85% 3,584,663 20.59
VIXY ProShares VIX Short-Term -13.81% 10,970,553 190.60
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -6.45% 814,068 43.69
VXZ iPath S'P 500 VIX Mid-Term Futures ETN -6.18% 2,875,030 52.43
VIXM ProShares VIX Mid-term -6.18% 288,862 58.09
VIIZ VelocityShares VIX Mid Term ETN -6.18% 9,600 3.66
UNG United States Natural Gas -5.25% 27,607,912 889.16
DCNG iPath Pure Beta Seasonal Natural Gas ETN -4.21% 38,210 42.12
UNL United States 12 Month Natural Gas -3.94% 94,207 37.83

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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