Best/Worst Daily ETF Returns
Best/Worst Daily ETF Returns: GREK Adds 5.89%
June 20, 2012
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The Global X FTSE Greek 20 ETF (NYSEArca: GREK) was yesterday’s top-performing ETF, gaining 5.89 percent, as the fund was helped by hopes in financial markets that the Federal Reserve might implement new measures to stimulate a global economy hampered by developments in the debt-laden eurozone. The iShares MSCI Italy (NYSEArca: EWI), which has been heavily affected by financial turmoil in Greece, Spain and within its own borders, also rebounded, adding 3.82 percent during yesterday’s trading session. With a brief semblance of confidence back in the global stock market, the db-X MSCI Brazil Currency-Hedged Equity (NYSEArca: DBBR) returned 4.67 percent, while the Global X FTSE Argentina 20 ETF (NYSEArca: ARGT) gained 4.53 percent. In total, five of the top-performing funds on Tuesday were commodities-based ETFs, as price of coffee, sugar, corn and wheat jumped in response to reports from the U.S. Department of Agriculture expecting a crop shortage after hot and dry weather in the Midwest. The overall market rose on the hopes the Fed would signal it was prepared to run to the rescue once its two-day policy meeting ends today. The Dow Jones industrial average added 95.51 points, or 0.75 percent, closing Tuesday at 12,837.33. Worst Performers Meanwhile, natural gas fell yesterday, propelling the United States Natural Gas Fund (NYSEArca: UNG) to the top of IndexUniverse’s worst-performing ETF list on Tuesday. UNG fell 3.44 percent. The No.2 fund on the bottom-performers list was the C-Tracks Exchange Traded Notes on the Citi Volatility (NYSEArca: CVOL), which had 3.14 percent in losses. CVOL was one of five volatility-related ETPs on the bottom-performers list yesterday, as they generally oscillate between large gains and losses, often on a daily basis, as they are designed to move opposite of the market. The PIMCO 25+ Year Zero Coupon U.S. Treasury ETF (NYSEArca: ZROZ) and the Vanguard Extended Duration Treasury ETF (NYSEArca: EDV) rounded out the list, losing 1.97 percent and 1.61 percent, respectively, as bond prices moved n the opposite direction of stocks yesterday.
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
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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