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Best/Worst Daily ETF Returns: GREK, EWP Jump

Cinthia Murphy

The Global X FTSE Greece 20 ETF (GREK - News) was the best-performing fund Friday, June 29, tagging on gains of more than 9 percent on the heels of what turned out to be a surprisingly productive two-day summit of European leaders.

Having expected no tangible outcome from the summit, the market rallied Friday when news emerged that European leaders had agreed to feed billions of euros into the region to stimulate growth and to take decisive action to reduce borrowing costs for troubled economies such as Spain’s and Italy’s.

The Dow Jones industrial average rallied 2.2 percent on the day to close 277.83 points higher at 12,880.09. The S'P 500 Index also gained nearly 2.5 percent.

The iShares MSCI Spain Index Fund (EWP - News) was another Europe-linked ETF that ranked among the day’s best performers, tagging on 7.3 percent in gains as more than 2.1 million shares were traded.

Aside from Europe-related equities, oil-focused funds dominated IndexUniverse’s top-performers list Friday, as NYMEX crude oil prices rallied more than 9 percent after having sunk to an eight-month-low the day before. Crude oil for August delivery rose 9.4 percent to close at $84.96 a barrel.

The United States Oil Fund (USO - News) surged nearly 8 percent amid a massive 20.4 million shares in volume. The PowerShares DB Oil ETF (DBO - News)—as well as a roster of oil-linked ETNs—was also a strong performer, tagging on gains of 7 percent.

On the flip side, the Global X China Materials ETF (CHIM - News) shed 2.3 percent in value, ranking among the worst-performing funds on Friday.

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GREK Global X FTSE Greece 20 9.30% 29,596 5.93
GWO ELEMENTS Credit Suisse Global Warming ETN 8.66% 1,100 2.86
OIL iPath S'P GSCI Crude Oil Total Return ETN 8.04% 2,265,894 439.49
USO United States Oil 7.90% 20,420,190 1,336.19
PSAU PowerShares Global Gold and Precious Metals Portfolio 7.82% 4,074 32.32
OLEM iPath Pure Beta Crude Oil ETN 7.62% 9,015 18.84
EWP iShares MSCI Spain 7.27% 2,107,096 176.61
USL United States 12 Month Oil 7.19% 44,862 109.91
OLO PowerShares DB Crude Oil Long ETN 7.03% 23,291 10.74
DBO PowerShares DB Oil 7.02% 1,428,298 591.60

Bottom 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 -13.45% 122,985 7.39
VIIX VelocityShares VIX Short Term ETN -6.55% 722,520 68.29
VIXY ProShares VIX Short-Term -6.54% 937,866 133.80
VXX iPath S'P 500 VIX Short-Term Futures ETN -6.46% 54,057,594 1,655.30
VXZ iPath S'P 500 VIX Mid-Term Futures ETN -3.78% 248,054 251.16
VIXM ProShares VIX Mid-term -3.44% 10,415 85.31
CHIM Global X China Materials -2.32% 1,500 2.22
LSC ELEMENTS S'P Commodity Trends Indicator - Total Return ETN -2.27% 74,094 29.74
BTAL QuantShares U.S. Market Neutral Anti-Beta -2.12% 128,913 9.51
EDV Vanguard Extended Duration Treasury -2.06% 66,295 202.85


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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