Top ETF Movers on Tuesday

On Tuesday the markets have inched down in the morning after closing in green the day before. In the morning, the Dow Jones Industrial Average (INDEXDJX:.DJI) and the S&P 500 INDEX (INDEXCBOE:SPX) declined by 0.06% and 0.11% respectively. Among the top stock gainers is the Charles Schwab Corp (NYSE:SCHW), and Goldman Sachs Group Inc (NYSE:GS), which added around 4.07% and 1.21% respectively on Tuesday morning.

Gold bar

Among the ETFs, the leader on Tuesday morning, the same as the day before is Direxion Daily South Korea Bear 3X Shrs (NYSEARCA:KORZ), which today gained around 4.70% to $22.10. It is followed by Direxion Daily Jr Gld Mnrs Bear 3X Shrs (NYSEARCA:JDST), which appreciated by some 3.30%, currently trading at around $16.90. This ETF gains profits from the inverse activity of the Market Vectors Junior Gold Miners Index. Around 80% of the ETF’s assets is invested in futures, options, equity caps and other securities tracking the performance of the small and mid cap companies in the global gold and silver mining industry. So far today, the price of Gold and Silver has been trading in red.

Another top gainer is Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX), which picked up some 2.60% on Monday, while since the beginning of the year, its return amounts to 13.80%. The Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) is tracking MLPs and energy infrastructure companies from the Solactive MLP & Energy Infrastructure Index, with 80% of its total assets being held in securities from the underlying index.

Opposite to the aforementioned Direxion Daily Jr Gld Mnrs Bear 3X Shrs (NYSEARCA:JDST), the top loser ETF on Tuesday is Direxion Daily Jr Gld Mnrs Bull 3X Shrs (NYSEARCA:JNUG), which holds long positions in securities from the Market Vectors Junior Gold Miners Index. This ETF lost 2.70% on Tuesday, probably being impacted by the decline experienced by the Gold and Silver prices. Overall, over the last three months Direxion Daily Jr Gld Mnrs Bull 3X Shrs (NYSEARCA:JNUG) dropped by some 52%.

Another top loser is First Trust Morningstar Futs Strat (NYSEARCA:FMF), which slid by some 2.2% on Tuesday, and currently trades at around $51.60. This non-diversified ETF is looking for positive returns, which are not directly correlated to fixed income returns or broad market equity, using the Morningstar Diversified Futures Index as a benchmark.

Disclosure: none

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 9 Most Dangerous Countries for Tourists to Visit

Reign of Terror: The 10 Most Ruthless Politicians in History

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!