Best/Worst Weekly ETF Returns: Biotech Soars On HIV Breakthrough

IndexUniverse.com

Five biotech funds with major holdings in California-based Gilead Sciences Inc. (GILD) rode the coattails of GILD’s stock spike following the company’s Tuesday release of improved clinical trial results with their HIV pill, TAF.

The SPDR S'P Biotech ETF (XBI) led gains, pulling in a 5.89 percent increase. Gilead’s stock rose $1.50 over the past five days, closing March 7 at $44.95 per share, according to data from Google finance.

The Dow rallied to historic highs over the same five-day period, jumping 275 points, or 1.9 percent, to close at 14,329.49, according to data from Google finance.

The db X-trackers MSCI Japan Hedged Equity fund (DBJP) and the WisdomTree Japan Hedged Equity ETF (DXJ) outperformed their peers as Japan’s economic outlook also increased investor optimism .

A mixture of funds stumbled onto the worst performers list, with the Global X FTSE Greece 20 fund (GREK) reporting the most shrinkage, sloughing off 5.44 percent.

Gold miners funds underperformed, with the Global X Pure Gold Miners ETF (GGGG) and the Global X Gold Explorers fund (GLDX) populating the bottom of the list as profit margin concerns continue to deter investor interest.


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
XBI SPDR S'P Biotech 5.89% 1,788,396 711.50
FAA Guggenheim Airline 5.48% 187,639 22.94
TUR iShares MSCI Turkey Investable Market 5.30% 1,285,784 830.70
IBB iShares NASDAQ Biotechnology 5.24% 2,499,855 2,386.72
DBJP db X-trackers MSCI Japan Hedged Equity 5.09% 50,274 11.98
FBT First Trust NYSE Arca Biotechnology 4.83% 352,334 275.65
BBH Market Vectors Biotech 4.80% 194,167 198.18
PBE PowerShares Dynamic Biotech ' Genome 4.56% 51,797 140.50
KBWI PowerShares KBW Insurance 4.38% 1,400 2.50
DXJ WisdomTree Japan Hedged Equity 4.36% 12,340,587 4,575.20

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GREK Global X FTSE Greece 20 -5.44% 168,185 26.51
LD iPath Dow Jones-UBS Lead Total Return ETN -5.22% 9,081 5.81
GRN iPath Global Carbon ETN -4.98% 2,400 0.64
PLTM First Trust ISE Global Platinum -4.91% 78,970 11.52
EGPT Market Vectors Egypt -4.85% 586,736 38.03
NIB iPath Dow Jones-UBS Cocoa Total Return ETN -4.39% 108,536 25.31
SCIF Market Vectors India Small-Cap -4.32% 2,180,325 106.15
GGGG Global X PURE Gold Miners -4.29% 19,770 3.30
GLDX Global X Gold Explorers -4.28% 595,509 33.80
CHOC iPath Pure Beta Cocoa ETN -4.17% 10,658 4.32

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 2013 IndexUniverse LLC. All rights reserved

Rates

View Comments (0)