Best/Worst Weekly ETF Returns
Best/Worst Weekly ETF Returns: IDXJ, INXX Rise
September 21, 2012
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A group of emerging market funds was found among the best-performing ETFs for the week ended Thursday, Sept. 20, delivering solid returns to investors who have increasingly taken to international equities in recent weeks. Even though overall trading volume was rather low amid the best performers, the Market Vector Indonesia Small Cap ETF (NYSEArca: IDXJ) and the EGShares India Infrastructure ETF (NYSEArca: INXX) raked in gains of 6.4 percent and 5.4 percent, respectively, in the five-day period. Meanwhile, the Dow Jones industrial average ended the Thursday-to-Thursday period only 57 points higher, or up 0.4 percent. That solid performance was accompanied by another wave of asset inflows into international equities ETFs this past week—investors poured more than $3.8 billion into international equities funds, according to data compiled by IndexUniverse. Broad-in-scope emerging market funds such as the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM) and the Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO) were again two of the most popular ETFs in the period. On the downside, commodities funds dominated the bottom-performers list for the week ended Thursday, particularly energy-focused strategies. A sharp drop in oil prices linked to a glut in supplies was partly to blame. The $429 million iPath S&P GSCI Crude Oil Total Return ETN (NYSEArca: OIL) dropped 5.8 percent, with more than 1 million shares trading hands, on average, on a daily basis. The iPath Pure Beta Crude Oil ETN (NYSEArca: OLEM) bled 5.7 percent. But the bulk of the trading action among the worst-performing funds of the week was in the $1.06 billion United States Natural Gas Fund (NYSEArca: UNG), which slipped 5.8 percent amid an average daily trading volume of more than 7.7 million shares. 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. |
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