Best/Worst Weekly ETF Returns: DBS, SLV Tank

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Silver ETFs were some of the worst performing strategies in the past week ended Thursday, Dec. 20, as a slew of positive economic data weighed on silver prices.

The PowerShares DB Silver ETF (NYSEArca:DBS) lost nearly 8.5 percent of value in the past five sessions alone, while the $10.04 billion iShares Silver Trust (NYSEArca:SLV) bled nearly 5 percent amid hefty daily trading volume of an average of 16.5 million shares, according to data compiled by IndexUniverse.

The ETFS Physical Silver ETF (NYSEArca:SIVR), and a number of other precious metals and gold miner funds were also among the week's bottom performers.


"It's all about the strong economic data we've been seeing in the U.S.," HardAssetsInvestor analyst Sumit Roy told IndexUniverse, pointing to U.S. home sales-which in November grew at the fastest pace in three years-as well as an uptick in U.S. third quarter GDP, which grew 3.1 percent.

"These strong figures are fueling speculation that the Federal Reserve could end its ongoing stimulus programs earlier than expected, and that's bearish for silver," he said.

On the flip side, the Global X Uranium ETF (NYSEArca:URA) was the single best-performing fund of the week, tagging gains of 11.24 percent.

The $136-million fund also was one of the most heavily traded among the week's top-10 performers, with more than 1.76 million shares trading hands in five days.

Other energy-related funds also performed well, including the Market Vectors Uranium + Nuclear Energy ETF (NYSEArca:NLR), which rose 6.4 percent in the period, and the iShares S&P Global Clean Energy Index Fund (NYSEArca:ICLN), which gained 6.3 percent.

A pair of single-country Market Vectors strategies-the the Market Vectors Egypt ETF (NYSEArca:EGPT) and the Market Vectors China ETF (NYSEArca:PEK)-took the No. 2 and No. 3 spots in the top performers ranking, each rallying around 7 percent.

The gains came as the Dow Jones industrial average tagged on 141 points, or roughly 1 percent, in the week.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
URA Global X Uranium 11.24% 1,762,866 135.95
EGPT Market Vectors Egypt 7.01% 399,990 39.84
PEK Market Vectors China 6.73% 282,966 28.14
IAI iShares Dow Jones U.S. Broker-Dealers 6.53% 123,887 44.36
PSTL PowerShares Global Steel 6.40% 6,950 2.20
NLR Market Vectors Uranium + Nuclear Energy 6.39% 174,819 83.11
ICLN iShares S&P Global Clean Energy 6.26% 91,649 27.23
SLX Market Vectors Steel 6.22% 521,594 155.58
KBWC PowerShares KBW Capital Markets 5.88% 52,900 1.70
GRN iPath Global Carbon ETN 5.64% 2,820 1.05
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and 'lt;1,000 Shares Traded
Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
DBS PowerShares DB Silver -8.46% 76,485 61.16
SLV iShares Silver Trust -4.81% 82,181,801 10,047.71
SIVR ETFS Physical Silver -4.81% 1,419,468 572.88
SOYB Teucrium Soybeans -4.48% 52,218 6.73
JJP iPath Dow Jones-UBS Precious Metals Total Return ETN -4.35% 15,896 40.37
PGM iPath Dow Jones-UBS Platinum Total Return ETN -4.26% 51,837 26.95
GLDX Global X Gold Explorers -4.21% 419,036 38.22
DBP PowerShares DB Precious Metals -4.14% 254,949 358.78
GDXJ Market Vectors Junior Gold Miners -4.11% 16,678,723 2,626.82
NIB iPath Dow Jones-UBS Cocoa Total Return ETN -4.06% 61,645 30.71

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



This article appears in: Investing , ETFs

Referenced Stocks: EGPT , ICLN , NLR , SIVR , SLV

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