Best/Worst Weekly ETF Returns: TAN Adds 11.03%

May 17, 2013

Clean energy funds outperformed, while miners monopolized the losers' list in the week ending Thursday, May 16.

The Guggenheim Solar ETF (NYSEArca: TAN) was the biggest winner in the week ending Thursday, May 16, tagging on 11.03 percent and leading the pack of renewable energy funds that topped performance. Meanwhile, metals and mining funds made up the entirety of the worst performers' list.

The S&P 500 rose 23.8 points, or 1.46 percent, over that same five-day period, closing at 1650.47 on May 16.

TAN and five other energy funds outperformed their peers, as seasonal fluctuations in the market ramped up profits for underlying securities in those funds.

Greece-based ETF GREK spiked 10.06 percent, the second-best performance of the week, as investors' wariness to invest in Greek markets eased on gaining optimism that the threat of Greece leaving the eurozone has once and for all subsided.

The First Trust Nasdaq Global Auto fund (NYSEArca: CARZ) added 5.36 percent, as a perpetually easing yen boosted output from automakers in Japan, where CARZ—which invests in auto manufacturers around the world—is allocated 38.46 percent.

All 10 of the largest performance slides were in metals and mining exchange-traded products, falling anywhere between PowerShares DB Base Metals ETN's (NYSEArca: BDG) 12.34 percent to the PureFunds ISE Mining Service's (NYSEArca: MSXX) 7.93 percent, as the precious metals sector continues to be roiled by gold's staggering losses over the past month.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
TAN Guggenheim Solar 11.03% 1,770,350 88.39
GREK Global X FTSE Greece 20 10.06% 1,480,691 47.50
PBW PowerShares WilderHill Clean Energy 7.57% 2,843,056 162.80
QCLN First Trust NASDAQ Clean Edge Green Energy 7.46% 431,852 38.99
KWT Market Vectors Solar Energy 6.71% 22,037 14.17
GEX Market Vectors Global Alternative Energy 5.85% 262,933 63.54
CARZ First Trust NASDAQ Global Auto 5.36% 27,747 17.37
EIPO ETRACS Next Generation Internet ETN 5.10% 4,953 7.17
XBI SPDR S&P Biotech 4.75% 896,845 893.55
PBD PowerShares Global Clean Energy 4.63% 119,400 68.07

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
BDG PowerShares DB Base Metals Long ETN -12.34% 1,110 1.10
GGGG Global X PURE Gold Miners -10.81% 21,807 3.05
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) -9.72% 2,980 1.76
GDXJ Market Vectors Junior Gold Miners -9.16% 17,310,621 1,464.22
EMT EGShares Emerging Markets Metals & Mining -8.85% 27,115 7.43
RING iShares MSCI Global Gold Miners -8.73% 485,697 29.58
GLDX Global X Gold Explorers -8.38% 330,005 26.83
PLTM First Trust ISE Global Platinum -8.23% 66,368 9.46
GDX Market Vectors Gold Miners -7.94% 99,446,098 5,429.28
MSXX PureFunds ISE Mining Service -7.93% 40,800 0.89

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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