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Best/Worst Weekly ETF Returns: Solar Shines

Cinthia Murphy

Alternative energy ETFs were some of the best-performing funds in the week ended Thursday, Jan. 10, picking up momentum as oil prices continued to rally.

Indeed, in the past month alone, oil prices have gained some 10 percent on supply woes stemming from a Saudi Arabia production cut as well as on "fiscal cliff"-related concerns, breaking through the $90/barrel level.

The PowerShares Global Wind Energy ETF (PWND) gained 7.36 percent in a week when the Dow Jones industrial average picked up only 80 points, or roughly 0.6 percent. The First Trust ISE Global Wind Energy ETF (FAN) wasn't far behind, with gains of more than 5.6 percent.

Solar energy ETFs were also in the top-performers' mix. The Market Vectors Solar Energy ETF (KWT) tagged on 6.7 percent in gains. The fund, which has been on tear recently, has gained more than 28 percent in the past month alone, covering some of the ground it had lost in the past year.

But the best-performing ETF of the week ended Thursday was the Market Vectors Vietnam ETF (VNM), which rallied 9.63 percent in five days. The $334 million fund also saw average daily volume of about 600,000 shares a day.

On the flip side, it was again a collection of VIX-related funds that populated the week's worst-performing ETFs lineup. The VelocityShares VIX Short Term ETN (VIIX), for instance, bled 7.1 percent in five days.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VNM Market Vectors Vietnam 9.63% 3,170,295 334.68
PWND PowerShares Global Wind Energy 7.36% 131,854 9.11
KWT Market Vectors Solar Energy 6.72% 87,312 13.34
FAN First Trust ISE Global Wind Energy 5.61% 97,237 21.03
TAN Guggenheim Solar 5.52% 968,518 59.22
CQQQ Guggenheim China Technology 5.22% 41,726 19.22
XBI SPDR S'P Biotech 4.39% 1,295,577 725.95
PBE PowerShares Dynamic Biotech ' Genome 4.34% 50,219 133.58
EWP iShares MSCI Spain 4.32% 2,140,518 253.83
URA Global X Uranium 4.04% 1,556,051 143.17

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VIIX VelocityShares VIX Short Term ETN -7.06% 1,348,610 14.71
VXX iPath S'P 500 VIX Short-Term Futures ETN -7.06% 128,576,927 978.49
VIXY ProShares VIX Short-Term -7.02% 4,857,484 140.09
VIIZ VelocityShares VIX Mid Term ETN -2.95% 49,000 4.62
VXZ iPath S'P 500 VIX Mid-Term Futures ETN -2.95% 1,939,016 68.15
VIXM ProShares VIX Mid-term -2.95% 434,564 29.21
LD iPath Dow Jones-UBS Lead Total Return ETN -2.70% 9,807 5.07
LEDD iPath Pure Beta Lead ETN -2.69% 6,000 0.86
EIDO iShares MSCI Indonesia Investable Market -2.20% 1,665,003 392.08
COW iPath Dow Jones-UBS Livestock Total Return ETN -2.12% 188,891 71.42

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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