Best/Worst Weekly ETF Returns
Best/Worst Weekly ETF Returns: GGGG Adds 10.5%
June 08, 2012
|
Gold regained some of its attractiveness last week, putting a number of precious metals mining ETFs on IndexUniverse's top 10 performers list. The Global X Pure Gold Miners ETF (NYSEArca: GGGG) was the best-performing among them, jumping 10.5 percent in the five trading days ended June 7, according to data compiled by IndexUniverse. Gold regained some of its cache as a hedge against inflation amid talk early in the week that the Federal Reserve might be compelled to implement a new round of quantitative easing in the wake of the weaker-than-expected May jobs report. The U.S. Department of Labor said the U.S. economy created 69,000 jobs in May—far fewer than the 175,000 jobs economists said they expected in a survey conducted by Bloomberg News. The top-performing exchange-traded product was the Etracs 1-Month S&P 500 VIX Futures ETN (NYSEArca: VXAA). It jumped 11.1 percent. Worst Weekly Performers A number of other VIX-related ETNs were among the worst-performing ETPs last week, including the ProShares VIX Short Term ETF (NYSEArca: VIXY), which fell 6.78 percent. The worst-performing ETP was the Morgan Stanley S&P 500 Oil Hedged ETN (NYSEArca: BARL), which tumbled 9.27 percent. A mainstay of the bottom 10 performers list, the Global X FTSE Greece 20 ETF (NYSEArca: GREK), was there again this past week, with a loss of 5.75 percent.
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Bottom 10 Weekly 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. |
|
|
|
|
The SEC And Gold Miners
Paul and Ugo discuss the rumors surrounding the SEC's new approach to passive ETFs and whether investors have learned any lessons from the recent moves in gold.
See All

