Coffee ETNs Top Weekly Returns

June 27, 2014

Brazil is in focus this week, but not because of the World Cup.

Coffee-linked exchange-traded products had a solid week, tacking on gains of roughly 7 percent, thanks to a yield-crippling drought in Brazil—the world’s largest coffee producer—that continues to reverberate in the financial markets.

The iPath Dow Jones-UBS Coffee Total Return ETN (JO | B-94)) and the iPath Pure Beta Coffee ETN (CAFE | B-97) are two of the best-performing ETPs in the first half, gaining upward of 62 percent year-to-date. The S&P 500 Index meanwhile dipped 0.12 percent, helping to pull total U.S.-listed assets down to just shy of $1.854 trillion.

Some are already estimating global production of coffee will fall short of demand by as many as 11 million bags—or the size of the entire production of Colombia, the world’s second-largest producer.

On the flip side, Middle-East focused ETFs, including the iShares MSCI UAE Capped ETF (UAE | F-63), dropped to 5.73 percent for the week, thanks to a spike in volatility in local markets led by ongoing uncertainty surrounding Iraq as well as corporate intrigue involving Arabtec, a construction company that recently severed ties with several of its executives.

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GRN iPath Global Carbon ETN 8.86% 11,220 2.06
JO iPath Dow Jones-UBS Coffee Total Return ETN 6.83% 786,742 87.55
CAFE iPath Pure Beta Coffee ETN 6.69% 40,869 6.89
ARGT Global X FTSE Argentina 20 4.89% 139,945 10.52
SCIF Market Vectors India Small-Cap 4.34% 1,018,540 402.14
GGBP AdvisorShares Gartman Gold/British Pound 4.04% 8,430 1.26
LEDD iPath Pure Beta Lead ETN 4.00% 9,600 1.53
JJC iPath Dow Jones-UBS Copper Total Return ETN 3.67% 222,089 76.32
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury 3.55% 62,287 77.34
MLPG ETRACS Alerian Natural Gas MLP ETN 3.40% 11,226 36.63

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
UAE iShares MSCI UAE Capped -5.73% 267,691 55.92
GREK Global X FTSE Greece 20 -5.38% 4,527,512 285.38
EEH ELEMENTS Linked to SPECTRUM Large Cap U.S. Momentum ETN -5.17% 6,777 1.48
QAT iShares MSCI Qatar Capped -4.62% 83,874 30.75
INR Market Vectors Indian Rupee/USD ETN -4.61% 5,655 1.78
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -4.58% 544,890 28.94
UNL United States 12 Month Natural Gas -4.45% 31,900 17.58
GDXJ Market Vectors Junior Gold Miners -4.16% 39,191,517 2,258.03
EPOL iShares MSCI Poland Capped -3.96% 2,933,519 413.27
CTNN iPath Pure Beta Cotton ETN -3.81% 4,715 2.22

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.

Find your next ETF

Reset All