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Oil, Gas … What Else? What’s Hot And What’s Not!
By Simon Maierhofer, Co-Founder
May 9, 2008
SAN DIEGO - (ETFguide.com) – This weeks top 10 best performing ETFs reflect the recent surge in oil and gas prices. The top eight ETFs are all oil and gas related. All of the top 10 are oil, gas or commodity related.
You have to look down to number 16 and 17 to find the first non-energy related equity fund. The SPDRs S&P Homebuilders ETF (Ticker: XHB) is up 15.2% followed by the iShares Dow Jones Transportation Average (Ticker: IYT) with a 14.6% gain.
Interesting to note is the performance of the iShares MSCI Turkey (Ticker: TUR), up 13.1% and iShares MSCI Israel (Ticker: EIS), up 7.4% as both ETFs were just launched on
03-26-2008.
What’s Hot!
|
Name
|
Ticker
|
Exp.
|
Year To Date
|
|
United States Natural Gas
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UNG
|
0.60%
|
49.7%
|
|
iPath DJ AIG Natural Gas
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GAZ
|
0.75%
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48.4%
|
|
iPath DJ AIG Energy
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JJE
|
0.75%
|
36.4%
|
|
PowerShares DB Energy Fund
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DBE
|
0.75%
|
32.8%
|
|
ELEMENTS
Rogers International Energy
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RJN
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0.75%
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32.4
|
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PowerShares DB Oil Fund
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DBO
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0.50%
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32.3%
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iPath S&P GSCI Crude Oil
|
OIL
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0.75%
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31.8%
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|
First Trust ISE
Revere Natural Gas
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FCG
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0.60%
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27.3%
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iPath DJ AIG Copper
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JJC
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0.75%
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26.5%
|
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iPath S&P GSCI Total Return
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GSP
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0.75%
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26.4%
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Ironically, two of the top three worst performing ETFs are from the alternative energy sector which obviously did not benefit (yet) from the high oil and gas prices.
What’s Not:
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Name
|
Ticker
|
Exp.
|
Year To Date
|
|
iPath MSCI India
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INP
|
0.89%
|
-25.7%
|
|
PowerShares WilderHill Clean Energy
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PBW
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0.60%
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-24.5%
|
|
First Trust Nasdaq Clean Edge
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QCLN
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0.60%
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-23.0%
|
|
iShares DJ US Healthcare Providers
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IHF
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0.48%
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-22.3%
|
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PowerShares Dynamic Healthcare Serv.
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PTJ
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0.60%
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-21.2%
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HealthShares Metabolic-Endocrine
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HHM
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0.75%
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-19.1%
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iShares DJ U.S. Broker Dealers
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IAI
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0.48%
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-18.7%
|
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KBW Capital Markets ETF
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KCE
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0.35%
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-18.1%
|
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HealthShares GI/Gender
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HHU
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0.75%
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-17.8%
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PowreShares Golden Dragon Halter
China
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PGJ
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0.60%
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-16.0%
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For more oil related commodity ETFs read: High Oil Prices – Turning Lemons Into Lemonade
Please note that in order to provide a true snapshot of the ETF market place, we have decided not to include leveraged and inverse performing ETFs. All performance data is year to date as of
05-07-2008.
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