Weekly ETF Returns: Solar ETFs Beaming

September 27, 2013

Solar ETFs were among the top-performing U.S.-listed ETFs last week.

Funds focused on solar energy led the ETF pack in returns for the week ended Thursday, Sept. 26—the second week running, while gold miner and explorer ETFs were left in the dust, as the solar sector continued a recovery related in part to China cutting output of panels.

The Guggenheim Solar ETF (TAN | B-35) and the Market Vectors Solar Energy ETF (KWT | C-36) led the way, returning 4.98 percent and 3.67 percent, respectively.

The stabilization of the solar sector this year created by China’s reduction in solar output as well as the Obama administration’s renewed support for alternative energy has been a boon for the sector. In the five trading days ended Thursday, Sept. 26, the S&P 500 Index edged down by less than 1 percent to close at 1698.67.

The Teucrium Wheat ETF (WEAT | F-44) was sandwiched in between the solar ETFs as the second-most-popular fund, returning 4.17 percent.

On the flip side, the Global X Gold Explorers ETF (GLDX | D-25) dropped 14.79 percent and the Market Vectors Junior Gold Miners ETF (GDXJ | B-35) lost 9.20 percent.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
TAN Guggenheim Solar 4.98% 864,638 207.94
WEAT Teucrium Wheat 4.17% 52,726 7.58
KWT Market Vectors Solar Energy 3.67% 14,298 18.69
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury 3.10% 643,396 95.25
EDV Vanguard Extended Duration Treasury 2.88% 90,994 151.94
PBW PowerShares WilderHill Clean Energy 2.88% 1,252,475 201.23
EGPT Market Vectors Egypt 2.83% 83,124 43.15
SGG iPath Dow Jones-UBS Sugar Total Return ETN 2.64% 78,760 27.75
LIT Global X Lithium 2.59% 113,778 53.29
ECH iShares MSCI Chile Capped 2.53% 1,201,971 412.45

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GLDX Global X Gold Explorers -14.79% 448,485 29.41
GDXJ Market Vectors Junior Gold Miners -9.20% 6,939,956 1,486.28
SIL Global X Silver Miners -8.91% 816,029 226.29
SLVP iShares MSCI Global Silver Miners -8.64% 32,572 6.24
EIDO iShares MSCI Indonesia -8.62% 2,553,260 397.82
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) -8.50% 7,297 1.76
GDX Market Vectors Gold Miners -8.30% 285,067,788 7,399.48
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -8.02% 457,458 32.47
TUR iShares MSCI Turkey -7.63% 1,276,864 468.85
IDX Market Vectors Indonesia -7.59% 1,662,846 242.70

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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