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Best/Worst Daily ETF Returns: Commodities Shine

Cinthia Murphy

The iPath Dow Jones-UBS Coffee Total Return ETN (JO - News) was the best-performing exchange-traded product yesterday, riding the coattails of a rising stock market and leading a pack of other commodities funds that also rose.

JO was also buoyed by strength in the coffee futures market, as a wave of buying interest met technical indicators that pushed coffee values through four-week highs. JO gained 4.82 percent on the day.

That strong performance came in as the Dow Jones industrial average climbed 32.01 points, or 0.3 percent, to end the day higher at 12,534.67 as the market took a breather from selling driven by anxiety about the eurozone.

The other commodities ETFs among Tuesday’s best-performing funds included the Teucrium Corn Fund (CORN - News), which tagged on gains of almost 3.5 percent. It has risen about 17 percent so far this month.

The fund was boosted by concerns that dry and hot weather across the U.S. Midwest could seriously hinder corn yields and hurt the supply side of the corn market. Corn futures prices yesterday hit nine-month highs.

Still, weak U.S. consumer confidence and concerns that the upcoming two-day summit of European leaders might not yield a solution to the eurozone’s debt crisis continued to overhang the market and weigh on equities in general.

The AdvisorShares WMW/BNY Mellon Focused Growth ADR ETF (AADR - News) gave up nearly 3.3 percent on the day, while the SPDR S'P International Industrial ETF (IPN - News) dropped 2.76 percent.

The worst-performing fund yesterday, however, was the Elements Credit Suisse Global Warming ETN (GWO - News), which shed 8.26 percent in value. The environment-focused strategy serves up focused exposure to companies that work to minimize global warming.

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
JO iPath Dow Jones-UBS Coffee Total Return ETN 4.82% 51,745 26.14
CHIM Global X China Materials 4.59% 1,500 2.21
UNG United States Natural Gas 3.79% 8,051,833 1,060.89
CORN Teucrium Corn 3.48% 213,752 55.26
ITB iShares Dow Jones U.S. Home Construction 3.19% 3,009,570 699.75
SOIL Global X Fertilizers/Potash 3.03% 116,784 24.90
NIB iPath Dow Jones-UBS Cocoa Total Return ETN 2.84% 8,375 23.16
ESR iShares MSCI Emerging Markets Eastern Europe 2.69% 1,828 17.95
PAGG PowerShares Global Agriculture Portfolio 2.50% 10,834 93.40
EPOL iShares MSCI Poland Investable Market 2.43% 35,626 112.60

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GWO ELEMENTS Credit Suisse Global Warming ETN -8.26% 1,100 2.62
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -4.87% 25,014 8.36
GRN iPath Global Carbon ETN -4.17% 2,009 1.41
AADR AdvisorShares WCM/BNY Mellon Focused Growth ADR -3.28% 1,520 6.39
VIIX VelocityShares VIX Short Term ETN -3.02% 427,240 75.12
AXIT iShares MSCI ACWI ex-US Information Technology -3.00% 1,200 2.38
VIXY ProShares VIX Short-Term -2.95% 944,504 149.64
BAL iPath Dow Jones-UBS Cotton Total Return ETN -2.93% 17,805 29.20
IPN SPDR S'P International Industrial -2.76% 2,898 7.77
VXX iPath S'P 500 VIX Short-Term Futures ETN -2.74% 43,097,334 1,803.19


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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