On Friday’s trading, a few ETF movers caught my eye. Let’s take a look at the biggest gainers and losers of the day:
ProShares Ultra Semiconductors (ETF) (NYSEARCA:USD) is Friday’s big winner. The Fund seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index. This ETF returned 5.09% today, and 21.43%, year-to-date. Moreover, the fund has returned 53.23% over the past year, which places it amongst the top 20 ETFs in terms of yearly returns.
Direxion Daily South Korea Bear 3X Shrs ETF (NYSEARCA:KORZ) came in second, after gaining 4.67% of Friday’s trading. This seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the MSCI Korea 25/50 Index. However, its performance has been quite poor over the past year: the ETF has returned negative 46.06%. This makes it one of the worst performing ETFs in the past year.
Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN) was the third-runner-up, having returned 3.87% today. Although its returns over the past year show an impressive 43.94%, its performance, year to date, has been quite bad: since Jan 1st, the ETF lost 17.08%. The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the FTSE China 25 Index.
Direxion Daily India Bull 3X Shares (NYSEARCA:INDL) js Friday’s biggest loser, down by 6.29%. Nonetheless, this fund that seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index, has returned 47.76% year-to-date, and 22.2% over the past year.
C-Tracks Citi Volatility Index TR ETN (NYSEARCA:CVOL), a fund that seeks to replicate, net of expenses, the Citi Volatility Total Return Index, fell 5.03% today. Amongst the worst performing ETFs, its 1-year return reaches negative 83.58%.
A little bonus track: Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) an ETF that seeks to replicate the Market Vectors® Global Junior Gold Miners Index, lost 0.44% today. However, its YTD return reaches 9.86%. An ETF to keep an eye on.
Disclosure: Javier Hasse holds no position in any ETFs mentioned