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Best/Worst Daily ETF Returns: EU Drops 3.74%

Devon Layne

The WisdomTree Euro Debt (EU - News) dropped 3.74 percent, making it yesterday’s worst-performing ETF, amid a broader stock-market sell-off fueled by fears the eurozone’s debt troubles are threatening to derail the world economy.

Spain is now at the center of eurozone-related concerns, with investors worried that a proposed €100 billion bailout of Spanish banks won’t be enough to halt the crisis. The Dow Jones industrial average fell Wednesday 77.42 points—or 0.62 percent on Wednesday.

Energy-related funds also took a hit on Wednesday, with the SPDR S'P Oil ' Gas Exploration ' Production ETF (XOP - News) holding the No. 2 spot after losing 2.96 percent, followed by the PowerShares S'P SmallCap Energy (PSCE - News), which shed 2.73 percent.

Top Performers

Volatility-related products were again among the best performers yesterday, as they are designed to rise when the stock market is selling off.

The C-Tracks Exchange-Traded Notes on the Citi Volatility Index (CVOL - News) shot up 7.22 percent, topping the list, while the VelocityShares VIX Short-Term ETN (VIIX - News) was second, with 5.22 percent in gains.

The Global X FTSE Greece 20 (GREK - News) was No. 6 on the list, as investors await the results of the Greek elections on Sunday, June 17.

If the Syriza party gains control in Greece’s parliament, there’s a good chance the southern European country will break the terms of a recent bailout agreement. That’s likely to set the stage for a “Grexit” from the eurozone, to borrow a term that surfaced recently in financial markets.


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility 7.22% 14,592 11.25
VIIX VelocityShares VIX Short Term ETN 5.22% 608,843 33.25
VXX iPath S'P 500 VIX Short-Term Futures ETN 5.14% 55,539,551 1,814.05
VIXY ProShares VIX Short-Term 5.08% 939,019 167.29
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN 3.47% 121,788 28.63
GREK Global X FTSE Greece 20 2.87% 47,138 3.79
VIXM ProShares VIX Mid-term 2.59% 34,783 100.90
VXZ iPath S'P 500 VIX Mid-Term Futures ETN 2.41% 312,391 287.51
BAL iPath Dow Jones-UBS Cotton Total Return ETN 2.08% 14,990 30.19
USV ETRACS CMCI Silver Total Return ETN 1.91% 1,400 6.48


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
EU WisdomTree Euro Debt -3.74% 26,908 4.20
XOP SPDR S'P Oil ' Gas Exploration ' Production -2.96% 7,485,053 678.99
PSCE PowerShares S'P SmallCap Energy -2.73% 6,900 49.01
XRT SPDR S'P Retail -2.65% 12,381,583 963.33
PSCD PowerShares S'P SmallCap Consumer Discretionary -2.54% 2,556 55.46
ITB iShares Dow Jones U.S. Home Construction -2.38% 1,826,675 631.95
FRAK Market Vectors Unconventional Oil ' Gas -2.38% 10,255 14.15
FCG First Trust ISE-Revere Natural Gas -2.29% 530,843 349.93
ENZL iShares MSCI New Zealand Investable Market -2.24% 26,483 110.15
GXF Global X FTSE Nordic Region -2.23% 15,057 22.50

 

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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