The United States Natural Gas Fund (NYSEArca:UNG) was the best
performing ETF Wednesday, tagging on gains of 5.5 percent on
expectations that supply data might show a decline in stockpiles at
a time when hot-weather-induced demand for energy is on the
rise.
More than 16.5 million shares of UNG traded hands Wednesday as
the fund benefited from a natural gas price rally that took NYMEX
gas futures for August delivery to a six-month high.
The rise in the nearby natural gas futures contract had an
adverse impact on the ETRACS Natural Gas Futures Contango ETN
(NYSEArca:GASZ), which was one of the worst performing funds
Wednesday, shedding 2.1 percent in value.
GASZ shorts the front-end month in a strategy that is designed
to benefit from contango-a condition that usually erodes returns
when investors have to pay up to roll from a cheaper expiring
front-end contract to a costlier one farther into the futures
curve.
Semiconductor-focused ETFs were also among the day's top
performers, with funds like the Market Vectors Semiconductor ETF
(NYSEArca:SMH) gaining 3.5 percent on the day. The Dow Jones
industrial average closed 103.16 points higher, or 0.8 percent, at
12,921.94 Wednesday.
Gold miner ETFs were again some of the bottom performers, with
the Global X PURE Gold Miners ETF (NYSEArca:GGGG) leading in losses
with a 3.7 percent decline. The Market Vectors Gold Miners ETF
(NYSEArca:GDX) also made the list with losses of 1.4 percent.
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds
and 'lt;1,000 Shares Traded
| Ticker |
Name |
1-Day Performance |
1-Day Volume |
AUM ($, mm) |
| UNG |
United States Natural Gas |
5.56% |
16,509,553 |
1,152.81 |
| PXQ |
PowerShares Dynamic Networking Portfolio |
4.79% |
57,101 |
54.44 |
| IGN |
iShares S&P North American Technology-Multimedia
Networking |
3.91% |
42,296 |
207.34 |
| AXHE |
iShares MSCI ACWI ex-US Health Care |
3.87% |
1,100 |
8.99 |
| FUE |
ELEMENTS MLCX Biofuels Total Return ETN |
3.71% |
5,243 |
2.62 |
| SMH |
Market Vectors Semiconductor |
3.53% |
4,491,892 |
287.20 |
| XSD |
SPDR S&P Semiconductor |
3.43% |
454,621 |
37.97 |
| SOXX |
iShares PHLX SOX Semiconductor |
3.41% |
661,880 |
207.82 |
| SKYY |
First Trust ISE Cloud Computing |
3.38% |
35,829 |
71.38 |
| PSI |
PowerShares Dynamic Semiconductors Portfolio |
3.37% |
12,499 |
19.05 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse
Funds and 'lt;1,000 Shares Traded
| Ticker |
Name |
1-Day Performance |
1-Day Volume |
AUM ($, mm) |
| GGGG |
Global X PURE Gold Miners |
-3.71% |
1,573 |
3.96 |
| TDV |
db-X 2040 Target Date |
-2.56% |
1,096 |
30.02 |
| GASZ |
ETRACS Natural Gas Futures Contango ETN |
-2.10% |
33,505 |
11.38 |
| FAA |
Guggenheim Airline |
-1.78% |
4,481 |
16.98 |
| PSAU |
PowerShares Global Gold and Precious Metals
Portfolio |
-1.60% |
1,625 |
30.31 |
| CHIQ |
Global X China Consumer |
-1.58% |
39,312 |
102.79 |
| ICLN |
iShares S&P Global Clean Energy |
-1.58% |
19,325 |
25.42 |
| BTAL |
QuantShares U.S. Market Neutral Anti-Beta |
-1.46% |
19,900 |
30.29 |
| GDX |
Market Vectors Gold Miners |
-1.39% |
8,493,614 |
7,489.30 |
| IFNA |
iShares FTSE EPRA/NAREIT North America |
-1.36% |
2,585 |
26.65 |
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 IndexUniverse.com's ETF Data
section.
Copyright ®
2012 IndexUniverse LLC
. All Rights Reserved.