Best & Worst Monthly Performers: February 10 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 ‌ETFs‌All three market indices gained due to positive labor market data and improving earnings.Many cannabis ETFs like the Global X Cannabis ETF (POTX), The Cannabis ETF (THCX), and the Amplify Seymour Cannabis ETF (CNBS) topped this month’s best-performing ETFs list on the possibility of nationwide legalization.Clean energy ETFs such as the SPDR Kensho Clean Power ETF (CNRG) and Global X CleanTech ETF (CTEC) featured on this month’s best-performing ETFs list as clean energy companies are expected to gain on President Joe Biden’s green infrastructure plan, improving technology, and falling prices. Check out more info on these ETFs here.ETFMG Treatments Testing and Advancements ETF (CNRG) that tracks the performance of biotechnology companies engaging in developing vaccines, therapies, and testing technologies was one of the best-performing ETFs on faster adoption and distribution of vaccines.ETFs focusing on smart mobility and autonomous technology like the SPDR Kensho Smart Mobility ETF (HAIL) and ARK Autonomous Technology & Robotics ETF (ARKQ ) also made it to the list, driven by greater corporate interest and investments in these rising trends. Apple and Hyundai-Kia recently closed a deal to develop an autonomous car in the U.S.Global X Thematic Growth ETF (GXTG) also featured on the list of best-performing ETFs this month, supported by investors’ drive to capitalize on the latest growth themes.Real Estate Select Sector SPDR Fund (XLRE ) was also present on the list of best-performing ETFs as the real estate sector gained more than 6% in the last month.To compare this month’s list with the one published on January 13, click here.Worst-Performing ETFsThis month’s worst-performing ETFs list was dominated by precious metals ETFs. Prices declined as the dollar grew stronger.Many gold ETFs like the VanEck Vectors Junior Gold Miners ETF (GDXJ B), Global X Gold Explorers ETF (GOEX), and Sprott Junior Gold Miners ETF (SGDJ ) topped the worst-performing ETFs list as gold prices declined by more than 8% this month. Silver ETFs like the iShares MSCI Global Silver Miners ETF (SLVP B+), Global X Silver Miners ETF (SIL B-), and PureFunds ISE Junior Silver ETF (SILJ C) were also present on this month’s worst-performing ETFs list as silver prices decreased by over 5% during the month.Several volatility ETFs like the iPath S&P 500 VIX Short-Term Futures ETN (VXX B+) and ProShares VIX Short-Term Futures ETF (VIXY A) made it to the list of worst-performing ETFs as volatility declined from 22.37 to 21.77 this month. Compare and contrast the two volatility ETFs using our ETF Comparison tool.Many long-term US Treasury Bond ETFs like the iShares 25 plus Year Treasury STRIPS Bond ETF (GOVZ) and PIMCO 25 Plus Year Zero Coupon U.S. Treasury Index ETF (ZROZ C+) ranked amongst the worst-performing ETFs as the yield on 30-year Treasury Bonds increased from 1.855% to 1.928% in the last month.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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