Last month, Wall Street turned its attention to Washington, as Congress struggled to reach a bipartisan budget and debt ceiling agreement. For two weeks, the U.S. federal government shut down, closing the doors on all “non-essential” operations. Though Capitol Hill was able to reach a last minute deal to reopen the government and suspend the debt ceiling, investors will likely face yet another round of political ping-pong coming in February [see The Best (And Worst) Performing ETFs For Every Quarter].
On the ETF front, investors saw plenty of action in October, with several new funds hitting the streets, including Fidelity’s lineup of sector ETFs, an IPO fund, and an “ultra” dividend ETF. Below, we highlight this month’s best and worst performers:
October's Best Performing ETFs China Trendpilot ETN (TCHI) 23.46% VelocityShares Emerging Asia DR ETF (ASDR) 18.66% FTSE Greece 20 ETF (GREK) 15.58% PureFunds ISE Diamond/Gemstone ETF (GEMS) 12.49% CS Global Warming ETN (GWO) 10.10% MSCI India Small Cap Index Fund (SMIN) 9.40% Barclays ETN+ FI Enhanced Global High Yield ETN (FIGY) 9.00% India Consumer ETF (INCO) 8.91% VelocityShares Emerging Markets DR ETF (EMDR) 8.26% Egypt Index ETF (EGPT) 8.22% DJ-UBS Nickel Total Return Sub-Index ETN (JJN) 8.11% Utilities GEMS ETF (UGEM) 8.11% Consumer Services GEMS ETF (VGEM) 8.10% Barclays ETN + FI Enhanced Europe 50 ETN (FEEU) 7.89% India Infrastructure ETF (INXX) 7.80%
October's Worst Performing ETFs SPECTRUM Lg Cap U.S. Sector ETN (EEH) -47.13% C-Tracks ETN Citi Volatility Index Total Return (CVOL) -26.47% VIX Short-Term Futures ETF (VIXY) -15.11% S&P 500 VIX Short-Term Futures ETN (VXX) -14.77% VIX Short-Term ETN (VIIX) -14.59% Global Carbon ETN (GRN) -13.48% Dow Jones-UBS Cotton Total Return Sub-Index ETN (BAL) -12.50% Dow Jones-UBS Coffee ETN (JO) -9.37% SPDR S&P Biotech ETF (XBI) -8.80% Sustainable North American Oil Sands ETF (SNDS) -8.55% Pure Beta Coffee ETN (CAFE) -8.54% S&P GSCI Crude Oil Tot Ret Idx ETN (OIL) -7.12% S&P 500 Dynamic VIX ETN (XVZ) -6.72% United States Oil Fund (USO) -6.60% Market Vectors Junior Gold Miners ETF (GDXJ) -5.39%