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Best/Worst Weekly ETF Returns: PLTM, PPLT Rise

Cinthia Murphy

Platinum ETFs were some of the past week's best-performing funds, as improving economic data out of China and the U.S. continues to boost momentum in the white industrial metal.

The First Trust ISE Global Platinum ETF (PLTM) and the ETFS Physical Platinum ETF (PPLT) rallied 4.4 percent and 3.8 percent, respectively, in the week ended Thursday, Feb. 7. The gains came as the Dow Jones industrial average tagged on 83 points for a rise of 0.6 percent.

Platinum, which is used in various industrial applications, is benefiting from growing demand linked to an improving global economy at a time when supplies have faced significant disruptions, ETF Securities managing director Will Rhind said in a recent interview .

And the run-up might be far from over for the funds invested in the white metal if Rhind's projection for more upside potential in platinum prices holds true.

It's worth noting that the Market Vectors Vietnam ETF (VNM), which rallied 4.1 percent in the past week amid an average daily trading volume of nearly 1 million shares, currently holds the distinction of being the best-performing fund year-to-date, with gains of 25 percent since Jan. 1. In many ways, Vietnam's story is very much linked to China's growth.

VNM has also seen net inflows since the year started, having raked in almost $50 million in 2013 to help push its total assets to $412 million.

On the flip side, iShares' funds tapping into Italy and Spain were the worst-performing ETFs of the week, as renewed concerns over eurozone debt begin to take hold.

The iShares MSCI Italy Index Fund (EWI) and the iShares MSCI Spain Index Fund (EWP) bled 7.25 percent and 5.8 percent, respectively.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GRN iPath Global Carbon ETN 25.34% 5,225 0.62
GREK Global X FTSE Greece 20 4.92% 194,745 29.06
PSCE PowerShares S'P SmallCap Energy 4.48% 29,589 27.66
PLTM First Trust ISE Global Platinum 4.44% 373,695 13.12
VNM Market Vectors Vietnam 4.16% 4,907,700 412.34
QCLN First Trust NASDAQ Clean Edge Green Energy 3.88% 14,571 15.56
PPLT ETFS Physical Platinum 3.82% 424,340 911.69
PWND PowerShares Global Wind Energy 3.65% 43,044 9.24
EPHE iShares MSCI Philippines Investable Market 3.61% 1,392,345 288.08
IGN iShares S'P North American Technology-Multimedia Networking 3.58% 299,536 325.05

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
EWI iShares MSCI Italy -7.25% 8,434,186 565.58
EWP iShares MSCI Spain -5.81% 5,010,884 273.13
FEZ SPDR Euro STOXX 50 -5.17% 4,483,457 1,616.81
JO iPath Dow Jones-UBS Coffee Total Return ETN -4.77% 808,197 105.50
CHIX Global X China Financials -4.66% 178,908 9.60
GLDX Global X Gold Explorers -4.63% 307,170 37.38
EWQ iShares MSCI France -4.39% 2,875,065 461.54
CORN Teucrium Corn -4.27% 300,140 42.63
CAFE iPath Pure Beta Coffee ETN -4.23% 16,883 2.71
EZU iShares MSCI EMU -4.23% 9,309,280 2,449.02

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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