Best & Worst Monthly Performers: Sep 22 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 ETFsThe U.S.‌ market closed mixed with Dow Jones registering a fall while the other two rising in the last month amidst optimistic Labor Department’s consumer price index report and rising concern around a probable corporate tax rate hike as well as economic uncertainties.Several uranium ETFs such as North Shore Global Uranium Mining ETF (URNM) and Global X Uranium ETF (URA C+) topped this month’s best performing ETFs list as uranium prices continue to rise on increasing demand. The Sprott Fund recently cornered the uranium market buying more than 500,000 pounds in a single day, and amassing over 24 million pounds of uranium at present.Many ETFs focusing on oil and natural gas such as United States Natural Gas Fund (UNG B-), iPath Bloomberg Natural Gas Subindex Total Return ETN (GAZ C+) and Invesco S&P SmallCap Energy ETF (PSCE B-) also ranked amongst the best ETFs list as the energy sector gained more than 2% in the last month. It was the second best performing sector.ETFs focusing on artificial intelligence like Global X Robotics & Artificial Intelligence ETF (BOTZ) and TrueShares Technology, AI and Deep Learning ETF (LRNZ) also made it to the list of best performing ETFs fuelled by Tesla’s increasing focus on technology and automation.SonicShares Global Shipping ETF (BOAT), which tracks the performance of global shipping companies also made it to the list driven by an improving economy and growth in global shipping.To compare this month’s list with the one published on Aug 25, click here.Worst Performing ETFsThe worst performing ETFs’ list was topped by ETFs like Aberdeen Standard Physical Palladium Shares ETF (PALL A) and Sprott Physical Platinum and Palladium Trust SPPP as prices of precious metals like platinum and palladium fell by more than 6% and 30%, respectively in the last month.Other precious metals ETFs such as Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR B+) and U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) featured on the worst-performing ETFs’ list on strengthening dollar and rising treasury yield. Read more about precious metals ETFs here: few cannabis focused ETFs like Global X Cannabis ETF (POTX) and AdvisorShares Pure Cannabis ETF (YOLO) also made it to the list due to the lack of expected progress on marijuana legalization process in the US.Many agricultural commodities ETFs such as iPath Series B Bloomberg Grains Subindex Total Return ETN (JJG B+), Elements MLCX Grains ETN (GRU B), Teucrium Wheat Fund (WEAT C) and Teucrium Corn Fund (CORN B) ranked amidst the worst-performing ETFs on spreading virus and growth concerns. Explore our list of agricultural commodities ETFs here.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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