Best & Worst Monthly Performers: June 2 Edition

Here is a look at the 25 best and 25 worst ETFs from the past trading month. 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 indices, minus the Dow Jones, fell in the last month as investors feared that rising inflation could lead to a potential increase in interest rates.Several oil and gas ETFs like the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH ) and Invesco S&P SmallCap Energy ETF (PSCE B-) featured on the list of best-performing ETFs as both natural gas and oil prices improved by more than 1% and 3%, respectively, in the last month. The overall energy sector gained by more than 6% and was the best-performing sector in the last month. The energy equipment and services segment also gained by 19% and several ETFs like the Invesco Dynamic Oil & Gas Services ETF (PXJ C+), VanEck Vectors Oil Services ETF (OIH B+), and SPDR S&P Oil & Gas Equipment & Services ETF (XES B+) also featured on the list. Low interest has supported asset prices across the spectrum.Many gold ETFs such as the MicroSectors Gold Miners 3X Leveraged ETN (GDXU), Direxion Daily Gold Miners Bull 2X Shares (NUGT C+), and Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG B-) also made it to the best-performing ETFs list as gold prices climbed up by more than 7% in the last month. Compare and contrast the two gold ETFs using our ETF Comparison tool.The Direxion Daily Financial Bull 3X Shares (FAS A-) ranked amongst the best-performing ETFs as the financial sector gained by over 5% in the last month. It was the second best performing sector this month.Many Brazilian ETFs like the ProShares Ultra MSCI Brazil Capped (UBR C+) and Direxion Daily MSCI Brazil Bull 3X Shares (BRZU ) also made it to the list on the back of rising industrial confidence.To compare this month’s list with the one published on May 5, click here.Worst-Performing ETFsThe Direxion Daily S&P Biotech Bull 3x Shares (LABU ) was one of the worst-performing ETFs as the biotech sector declined by more than 1% in the last month.The ProShares Ultra VIX Short-Term Futures ETF (UVXY B-) also ranked amongst the worst-performing ETFs as VIX, the CBOE volatility index, fell to 16.74 from 17.61. Here is our list of Volatility ETFs.The MicroSectors FANG plus Index 3X Leveraged ETN (FNGU) featured on the list of worst-performing ETFs as technology stocks dropped amidst fears of rising interest rates.While the U.S. President is upbeat about renewable energy goals, several clean energy ETFs like the Global X CleanTech ETF (CTEC) and Invesco Solar ETF (TAN B) were amongst the worst-performing contenders this month, as the U.S. government is skeptical about incorporating Chinese raw materials like polysilicon from Xinjiang.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.

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