Best/Worst Weekly ETF Returns: UNG, UNL Shine

Cinthia Murphy

Natural gas ETFs were some of the best-performing funds in the week ended Thursday, Oct. 11, with the United States Natural Gas Fund (UNG) gaining 6.45 percent in a week when the Dow slid 1.8 percent.

Natural gas prices rose this past week after the Energy Information Administration reported a smaller-than-normal increase in storage, adding fodder to concerns that the U.S. natural gas inventory surplus year-over-year might be on pace to be eliminated by November, Sumit Roy, HardAssetsInvestor analyst, told IndexUniverse.

"That's a huge turnaround from this past spring when the surplus totaled a whopping 900 billion cubic feet," Roy said. That turnaround has caused natural gas prices to nearly double from April's $1.90/mmbtu low to $3.60 this week, and the momentum points to more upside ahead, Roy said.

"Within a context of restrained drilling activity by producers and strong demand, the bias for prices is to the upside," he said. Higher consumption during winter months is another positive factor supporting natural gas prices.

The $1.28 billion UNG was also one of the most popular funds in the past week, attracting net inflows of more than $120 million, according to data compiled by IndexUniverse.

The United States 12 Month Natural Gas Fund (UNL) rose 4.8 percent, while the Teucrium Natural Gas Fund (NAGS) gained 3.9 percent in the week.

Coal ETFs were also solid performers. But on the flip side, coffee and sugar funds were among the week's weakest strategies.

The iPath Dow Jones-UBS Coffee Total Return ETN (JO) and the iPath Pure Beta Coffee ETN (CAFE) were the worst-performing funds in the past five days, bleeding 8.3 percent and 7.7 percent of their value, respectively.


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
UNG United States Natural Gas 6.45% 46,010,406 1,281.16
GRN iPath Global Carbon ETN 6.33% 2,504 1.28
KOL Market Vectors Coal 5.38% 1,826,587 220.19
OLEM iPath Pure Beta Crude Oil ETN 5.10% 514,912 5.13
UNL United States 12 Month Natural Gas 4.80% 256,814 54.53
CHIM Global X China Materials 4.44% 64,952 2.40
DPU PowerShares DB Commodity Long ETN 3.97% 4,724 6.05
NAGS Teucrium Natural Gas 3.91% 76,146 5.32
PKOL PowerShares Global Coal 3.75% 13,245 9.86
TUR iShares MSCI Turkey Investable Market 3.57% 1,161,167 593.95

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
JO iPath Dow Jones-UBS Coffee Total Return ETN -8.30% 313,693 41.33
CAFE iPath Pure Beta Coffee ETN -7.71% 16,961 1.71
SSDD ETRACS ISE SSD ETN -7.04% 1,680 10.21
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -6.64% 179,139 4.85
TAN Guggenheim Solar -6.11% 120,642 43.79
JJN iPath Dow Jones-UBS Nickel Total Return ETN -5.82% 3,567 6.23
KWT Market Vectors Solar Energy -5.47% 6,816 10.29
GLDX Global X Gold Explorers -5.47% 227,828 39.16
SGG iPath Dow Jones-UBS Sugar Total Return ETN -5.45% 138,050 43.81
CANE Teucrium Sugar -5.34% 103,878 1.84

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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