Exchange traded funds (ETFs) are such a great versatile tool every Trader/Investor needs to have some in their portfolios. They trade instantly, there’s no waiting for the day’s closing price at 4 p.m. You can buy them in an IRA or 401k and thus can short stocks that way, benefiting from falling prices with a rising price in the short ETF. You can use a sector specific ETF to hedge stock positions by providing some insurance against an opposite move. Most now trade millions of shares per day and you only want to trade liquid stocks.
Here is a list of 10 ETFs that are all high fliers over the past month and have really capitalized on the latest market rally that has taken place here in March. Data provided by StockTradingtogo.
Top 10 ETFs Over the Last 30 Days
1. Direxion Emerging Markets Bull 3X Shares, Symbol EDC, up 50.07%
2. Ultra Semiconductor ProShares, Symbol USD, up 39.60%
3. Direxion Technology Bull 3X Shares, Symbol TYH, up 38.24%
4. Ultra Basic Materials ProShares, Symbol UYM, up 38.15%
5. Claymore/MAC Global Solar Energy, Symbol TAN, up 37.01%
6. iShares MSCI South Korea Index, Symbol EWY, up 35.96%
7. Rydex 2x S&P Select Sector Financial, Symbol RFL, up 30.38%
8. Market Vectors Russia ETF, Symbol RSX, up 29.97%
9. Direxion Financial Bull 3X Shares, Symbol FAS, up 29.39%
10. Rydex 2x S&P Select Sector Technology, Symbol RTG, up 29.20%
Pretty noticeable to see that the majority of ETFs are ultra etfs (2x) or triple leveraged etfs (3x).
ETF Analyzer below. Be sure to put in your ETF symbol and get a FREE look.
Something stunning I’ve seen starting last month…
FAS volume (which had a very rough start) has now approached or exceeded SPY on most days! Wow. Didn’t think I’d see that day.