Weekly ETF Returns: Gold ETFs Shine

February 14, 2014

Gold-related ETFs rallied in the past week along with broader markets.

Gold miner ETFs took a northerly turn last week along with the rest of the stock market, as the Federal Reserve expressed continued confidence in further economic recovery by promising to stay the course on its measured economic pullback.

At the top of the returns list were the Market Vectors Junior Gold Miners ETF (GDXJ) and the Global X Gold Explorers ETF (GLDX | D-23), which climbed climbed 14.4 percent and 13.7, respectively.

The S&P 500 Index edged higher to 1,829.83 from 1,799.84 the previous week, based in part on investors’ renewed confidence over growth in the developed and emerging markets. Gains early in the period continued into Wednesday’s and Thursday’s sessions.

Amid the market rally, the ProShares VIX Short-Term ETF (VIXY | A-54) led all fear-focused ETFs, losing 17.8 percent last week, followed by the VelocityShares VIX Short Term ETN (VIIX | B-54), which was down 17.7 percent.

Volatility-related ETFs and ETNs usually move in the opposite direction of the stock market.

 

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GDXJ Market Vectors Junior Gold Miners 14.39% 23,802,632 1,899.64
GLDX Global X Gold Explorers 13.67% 620,370 39.32
SIL Global X Silver Miners 13.36% 2,917,562 252.72
SLVP iShares MSCI Global Silver Miners 12.38% 106,399 10.38
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) 12.11% 154,912 2.61
GGGG Global X PURE Gold Miners 12.04% 33,007 3.60
PSAU PowerShares Global Gold and Precious Metals 9.06% 99,250 26.41
GDX Market Vectors Gold Miners 8.74% 265,626,575 7,988.71
JUNR Global X Junior Miners 8.71% 110,042 5.59
RING iShares MSCI Global Gold Miners 8.00% 383,877 55.05

Bottom 8 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VIXY ProShares VIX Short-Term -17.81% 4,139,258 111.49
VIIX VelocityShares VIX Short Term ETN -17.70% 442,683 9.76
VXX iPath S&P 500 VIX Short-Term Futures ETN -17.70% 181,516,567 907.16
         
         
VIXM ProShares VIX Mid-term -9.44% 383,910 56.34
VIIZ VelocityShares VIX Mid Term ETN -9.43% 59,772 1.92
VXZ iPath S&P 500 VIX Mid-Term Futures ETN -9.43% 3,546,049 93.02
XVZ iPath S&P Dynamic VIX ETN -8.31% 314,788 64.66
SGG iPath Dow Jones-UBS Sugar Total Return ETN -3.99% 117,414 30.11

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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