U.S. Markets closed

Best/Worst Weekly ETF Returns: REMX Up 10.11%

Hannah Tool

Market Vectors’ Rare Earth/Strategic Metals ETF (REMX) spiked 10.11 percent in the week ending Thursday, May 9, while bond funds underperformed.

The S'P 500 rallied 29.08 points, or 1.82 percent, over that same five-day period, closing at 1,626.67 and breaking 1,600 points at the close for the first time in its history.

REMX was the biggest gainer overall, but other metals funds, like the United States Copper Fund (CPER) and the iPath Dow Jones-UBS Nickel Total Return ETN (JJN), rose over 8 percent.

Other notable performances of the week were the Global X FTSE Greece 20 fund (GREK), which increased 8.04 percent, and the Market Vectors Vietnam fund (VNM), with a 6.54 percent rise. Both are single-country funds, and their performances are each linked to their respective home equity markets.

Worst Performers

A mixed bag of funds landed on the worst performers’ list, with long-term bond funds, like the Pimco 25+ Year Zero Coupon U.S.-Treasury fund (ZROZ), dropping 5.23 percent, a sign that while some investors are comfortable owning intermediate-term Treasury debt at a time the Fed is pinning rates so low, they’re not as comfortable with owning longer-dated debt.

Some commodities funds suffered seasonal downswings, with the Teucrium Natural Gas fund (NAGS) dropping 7.44 percent and the Teucrium CORN fund (CORN) retreating 3.13 percent.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
REMX Market Vectors Rare Earth/Strategic Metals 10.11% 885,660 136.57
CPER United States Copper 8.78% 39,912 2.31
JJN iPath Dow Jones-UBS Nickel Total Return ETN 8.59% 6,067 5.90
GREK Global X FTSE Greece 20 8.04% 637,193 31.70
URA Global X Uranium 7.85% 1,116,163 126.95
JJC iPath Dow Jones-UBS Copper Total Return ETN 7.52% 414,607 107.23
EIPO ETRACS Next Generation Internet ETN 7.30% 2,050 6.82
VNM Market Vectors Vietnam 6.54% 1,759,548 446.77
JO iPath Dow Jones-UBS Coffee Total Return ETN 6.45% 308,172 109.46
CHII Global X China Industrials 5.98% 70,212 4.74

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
NAGS Teucrium Natural Gas -7.44% 11,748 3.77
CVOL C-Tracks Citi Volatility ETN -7.24% 39,253 1.67
AGF PowerShares DB Agriculture Long ETN -5.37% 11,053 4.10
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury -5.23% 238,393 87.81
EDV Vanguard Extended Duration Treasury -4.78% 184,569 193.58
AMPS iShares Utilities Sector Bond -3.25% 46,601 10.34
NIB iPath Dow Jones-UBS Cocoa Total Return ETN -3.22% 59,459 36.01
LTPZ PIMCO 15+ Year U.S. TIPS -3.22% 145,911 186.87
CORN Teucrium Corn -3.13% 362,636 35.79
TLT iShares Barclays 20+ Year Treasury Bond -3.08% 34,716,149 4,014.68

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