Best/Worst Weekly ETF Returns: Biotech Soars On HIV Breakthrough

March 08, 2013

Biotech funds topped performance on HIV research breakthrough, while gold miners funds fell.

Five biotech funds with major holdings in California-based Gilead Sciences Inc. (NasdaqGS: GILD) rode the coattails of GILD's stock spike following the company's Tuesday release of improved clinical trial results with their HIV pill, TAF.

The SPDR S&P Biotech ETF (NYSEArca: XBI) led gains, pulling in a 5.89 percent increase. Gilead's stock rose $1.50 over the past five days, closing March 7 at $44.95 per share, according to data from Google finance.

The Dow rallied to historic highs over the same five-day period, jumping 275 points, or 1.9 percent, to close at 14,329.49, according to data from Google finance.

The db X-trackers MSCI Japan Hedged Equity fund (NYSEArca: DBJP) and the WisdomTree Japan Hedged Equity ETF (NYSEArca: DXJ) outperformed their peers as Japan's economic outlook also increased investor optimism.

A mixture of funds stumbled onto the worst performers list, with the Global X FTSE Greece 20 fund (NYSEArca: GREK) reporting the most shrinkage, sloughing off 5.44 percent.

Gold miners funds underperformed, with the Global X Pure Gold Miners ETF (NYSEArca: GGGG) and the Global X Gold Explorers fund (NYSEArca: GLDX) populating the bottom of the list as profit margin concerns continue to deter investor interest.

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
XBI SPDR S&P Biotech 5.89% 1,788,396 711.50
FAA Guggenheim Airline 5.48% 187,639 22.94
TUR iShares MSCI Turkey Investable Market 5.30% 1,285,784 830.70
IBB iShares NASDAQ Biotechnology 5.24% 2,499,855 2,386.72
DBJP db X-trackers MSCI Japan Hedged Equity 5.09% 50,274 11.98
FBT First Trust NYSE Arca Biotechnology 4.83% 352,334 275.65
BBH Market Vectors Biotech 4.80% 194,167 198.18
PBE PowerShares Dynamic Biotech & Genome 4.56% 51,797 140.50
KBWI PowerShares KBW Insurance 4.38% 1,400 2.50
DXJ WisdomTree Japan Hedged Equity 4.36% 12,340,587 4,575.20

Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GREK Global X FTSE Greece 20 -5.44% 168,185 26.51
LD iPath Dow Jones-UBS Lead Total Return ETN -5.22% 9,081 5.81
GRN iPath Global Carbon ETN -4.98% 2,400 0.64
PLTM First Trust ISE Global Platinum -4.91% 78,970 11.52
EGPT Market Vectors Egypt -4.85% 586,736 38.03
NIB iPath Dow Jones-UBS Cocoa Total Return ETN -4.39% 108,536 25.31
SCIF Market Vectors India Small-Cap -4.32% 2,180,325 106.15
GGGG Global X PURE Gold Miners -4.29% 19,770 3.30
GLDX Global X Gold Explorers -4.28% 595,509 33.80
CHOC iPath Pure Beta Cocoa ETN -4.17% 10,658 4.32

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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