Weekly ETF Returns: Solar ETFs Take Spotlight

November 08, 2013

Solar-related ETFs regained their footing in the week ended Thursday, Nov. 7, to lead all issuers in performance gains. The Guggenheim Solar ETF (TAN | B-36) was up 6.24 percent, followed by competitor Market Vectors Solar Energy (KWT | C-29), which gained 5.35 percent.

 

Markets inched lower last week, exhibited by the weakness of the November 2013 Preliminary Index of Consumer Sentiment, which hit 72the lowest since December 2011—from a final October reading of 73.2. Economists had reportedly expected the gauge to rise to 75 in early November, partially offsetting an October drop that was driven by the government's shutdown.

The S&P dropped 14.49 points, closing at 1,747.15 from the previous week’s close of 1,761.64.

On the flip side, silver and gold explorer ETFs got hammered. The PureFunds ISE Junior Silver (Small Cap Miners/Explorers) ETF (SILJ | F-35) dropped 8.72 percent, and the Global X Gold Explorers ETF (GLDX | D-23) was down 8.53 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 6.24% 4,817,437 394.49
KWT Market Vectors Solar Energy 5.35% 140,360 22.34
CHEP QuantShares U.S. Market Neutral Value 2.33% 4,520 1.37
EGPT Market Vectors Egypt 2.28% 98,869 50.60
PALL ETFS Physical Palladium 1.81% 521,791 527.88
SLX Market Vectors Steel 1.74% 680,760 148.32
STPP iPath U.S. Treasury Steepener ETN 1.29% 40,504 15.65
EFNL iShares MSCI Finland Capped 1.18% 35,944 13.33
ISRA Market Vectors Israel 1.13% 14,582 26.71
ENZL iShares MSCI New Zealand Capped 1.08% 203,819 150.90

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) -8.72% 13,220 1.57
GLDX Global X Gold Explorers -8.53% 178,973 29.35
BRAF Global X Brazil Financials -6.77% 5,088 2.26
EWZS iShares MSCI Brazil Small-Cap -6.41% 77,710 36.05
GDXJ Market Vectors Junior Gold Miners -6.24% 4,225,567 1,264.47
BRAZ Global X Brazil Mid Cap -5.56% 18,419 10.33
SIL Global X Silver Miners -5.43% 687,163 207.84
BRF Market Vectors Brazil Small-Cap -5.32% 679,946 227.41
KWEB KraneShares CSI China Internet -5.20% 17,135 2.86
FBT First Trust NYSE Arca Biotechnology -5.15% 648,613 813.15

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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