Best/Worst Daily ETF Returns: EWP Rises 4.38%

By Cinthia Murphy,

Shutterstock photo

The iShares MSCI Spain (NYSEArca:EWP) and the iShares MSCI Italy (NYSEArca:EWI) were among the best-performing ETFs Monday, June 4, amid growing hopes that Germany might mellow its stance enough to spearhead efforts to help save the two financially troubled European nations.

Both Spain and Italy, along with Greece, are at the center of the debt woes that have threatened the viability of the eurozone, and by many measures have been considered too big to be saved. But the market now seems increasingly hopeful that Germany and the European Central Bank could step in to help.

EWP, which has already given up nearly 27 percent of its value year-to-date, gained 4.4 percent Monday, while EWI tagged on 3.11 percent on the day. EWI is now 14.6 percent lower since the beginning of the year.

Natural gas ETFs were also net gainers Monday, continuing to stage a bit of a recovery from what have been sharp losses recently, as the market prices in a still-worsening global economic outlook that would not bode well for demand moving forward.

The United States Natural Gas Fund (NYSEArca:UNG) rose 4.3 percent on the day, while the United States 12 Month Natural Gas Fund (NYSEArca:UNL) rose 2.4 percent. UNG still remains about a third off its value coming into the year.

All in all, the Dow Jones industrial average ended a choppy session marginally lower, giving up 17.11 points to end the day at 12,101.46.

Bottom Performers

The iShares Dow Jones U.S. Home Construction ETF (NYSEArca:ITB) was one of the worst-performing ETFs on Monday, shedding 4.2 percent as 3.73 million shares traded hands.

Concerns about joblessness in the U.S. and a growing sentiment that the domestic economy might be poised for some slower growth ahead are hurting stocks.

That possibility was most recently evidenced by the latest Commerce Department U.S. factory orders report that showed orders for U.S.-produced goods dropped 0.6 percent in April rather than climbing slightly as expected. Such softness casts a shadow on housing prospects.

The Pax MSCI North American ESG (NYSEArca:NASI) dropped 4.8 percent on the day, while the Elements Credit Suisse Global Warming ETN (NYSEArca:GWO) shed 6.1 percent in value.

Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and 'lt;1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
EWP iShares MSCI Spain 4.38% 1,448,287 129.29
UNG United States Natural Gas 4.33% 8,902,205 923.50
EWI iShares MSCI Italy 3.11% 1,005,232 120.63
STPP iPath U.S. Treasury Steepener ETN 2.52% 1,464 13.12
UNL United States 12 Month Natural Gas 2.39% 36,739 35.88
ERUS iShares MSCI Russia Capped 2.32% 749,472 96.10
GGEM EGShares Consumer Goods GEMS 2.18% 4,211 0.99
SCIN EGShares India Small Cap 2.14% 5,321 22.00
EUFN iShares MSCI-Europe Financials 2.03% 83,543 17.49
AUNZ WisdomTree Australia & New Zealand Debt 2.01% 34,470 38.41
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and 'lt;1,000 Shares Traded
Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -8.05% 49,652 11.66
GWO ELEMENTS Credit Suisse Global Warming ETN -6.14% 2,600 2.63
NASI Pax MSCI North American ESG -4.86% 1,800 9.40
QQQV Global X NASDAQ 500 -4.81% 1,038 1.33
KWT Market Vectors Solar Energy -4.51% 123,958 8.78
MLPW ETRACS Wells Fargo MLP ETN -4.47% 6,300 17.67
FAA Guggenheim Airline -4.40% 31,082 14.36
VIXY ProShares VIX Short-Term -4.25% 1,003,332 173.79
ITB iShares Dow Jones U.S. Home Construction -4.19% 3,733,375 615.55
VIIX VelocityShares VIX Short Term ETN -4.11% 444,706 35.72

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.

Permalink | 'copy; Copyright 2009 IndexUniverse LLC. All rights reserved

Don't forget to check's ETF Data section.

Copyright ® 2012 IndexUniverse LLC . All Rights Reserved.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing ETFs
Referenced Stocks: EWI , EWP , GWO , ITB , NASI

More from IndexUniverse




Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by