Best & Worst Monthly Performers: July 28 Edition

Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions.Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.To get access to all premium content, sign up for a free 14-day trial to Pro.Best Performing ETFsU.S.‌ ‌market‌ closed higher amid steady unemployment claims driven by vaccination drives for children leading to resuming schools and daycares.Several natural gas ETFs like iPath Bloomberg Natural Gas Subindex Total Return ETN (GAZ C+) and the United States Natural Gas Fund (UNG B-) featured on the list of best performing ETFs as natural gas prices climbed up by more than 18% in the last month. Prices got a boost from the hot weather, tighter supply, and improving LNG export. Here is our list of Oil and Gas ETFs: X Lithium & Battery Tech ETF (LIT B-) ranked amongst the best performing ETFs as demand for lithium-ion batteries increased on the back of growing electric vehicles market globally. The technology is also finding increasing applications in storage, electronics, medical devices, etc. KraneShares Electric Vehicles & Future Mobility ETF (KARS) and Amplify Advanced Battery Metals and Materials (BATT) were also present in the list.Aberdeen Standard Physical Palladium Shares ETF (PALL A) was one of the best performing ETFs as palladium prices increased by more than 3% in the last month.To compare this month’s list with the one published on June 30, click here.Worst Performing ETFsThis month’s worst performing list comprised predominantly of oil and gas focused ETFs like the Energy Select Sector SPDR Fund (XLE A) and the Vanguard Energy ETF (VDE A) as the energy sector declined by more than 10% and was the worst performing sector in the last month. Energy equipment and services segment also fell by ~14%. Several oil and gas ETFs like SPDR S&P Oil & Gas Equipment & Services ETF (XES B+), the VanEck Vectors Oil Services ETF (OIH B+), the iShares U.S. Oil Equipment & Services ETF (IEZ B+) and the Invesco S&P SmallCap Energy ETF (PSCE B-) topped the list of worst performing ETFs.InfraCap MLP ETF (AMZA ) and ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB ) also ranked amongst the worst performing ETFs this month on falling oil prices. Oil prices dropped as OPEC is expected to increase production amid virus concerns.Global X Cannabis ETF (POTX) was one of the contenders on the worst performing ETFs’ list on the uncertainty around the new federal Marijuana legalization bill in the last month.Several silver ETFs like iShares MSCI Global Silver Miners ETF (SLVP B+) and PureFunds ISE Junior Silver ETF (SILJ C) featured on the list of worst-performing ETFs as the silver prices declined by more than 3% this month. Compare and contrast the two silver ETFs using our ETF Comparison tool.Please note that this list is updated on a monthly basis.For more ETF analysis, make sure to sign up for our free ETF newsletter.Disclosure: No positions at time of writing.

More Equity Commentary

CHIM has no more commentary.