Best & Worst Monthly Performers: April 27 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 ETF Database premium content, sign up for a free 14-day trial to ETF Database Pro.Best Performing ETFsMarket closed mixed with S&P and NASDAQ inching lower and DOW remaining flat compared to the last month after Fed Chair Powell signaled a possible rate hike in May.This month’s best performing ETFs’ list was topped by natural gas funds such as iPath Bloomberg Natural Gas Subindex Total Return ETN (GAZ C+), United States Natural Gas Fund (UNG B-), and United States 12 Month Natural Gas Fund (UNL B). Natural gas prices got a boost from increased demand from cooler weather conditions and declining inventories.U.S. Global Jets ETF (JETS C) which tracks an index of companies involved in the air travel industry featured on the list of best monthly performers on the back of rising air travel demand, fewer reported cases of infections, and a positive outlook by United Airlines.iPath Series B Bloomberg Nickel Subindex Total Return ETN (JJN C+) which offers exposure to nickel made it to this month’s list driven by higher prices. Nickel prices have continued to benefit after Russia’s invasion of Ukraine and lower inventories.Many MLPs like InfraCap MLP ETF (AMZA ), iPath S&P MLP ETN (IMLP B), and Global X MLP ETF (MLPA A-) featured on the best performing ETFs’ list on the back of rising interest rates and increasing oil and gas prices.Teucrium Corn Fund (CORN B) that allows investors to gain exposure to the price of corn futures was one of the best monthly performers as corn prices gained from rising inflation in the wake of the Ukraine war as well as supply chain constraints. Check out our Commodity ETFs’ List here.KFA Global Carbon ETF (KRBN) and iPath Global Carbon ETN (GRN C) also ranked amongst the best monthly performers as global carbon funds got a boost from an increasing oil and gas crisis further emphasizing climate change concerns and GHG emission norms.To compare this month’s list with the one published on March 30, click here.Worst Performing ETFsMany crypto-focused funds like First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ) and Global X Blockchain ETF (BKCH) featured on the worst-performing ETFs’ list as cryptocurrency continues to fall on Fed’s hawkish stance and a broad sell-off in technology stocks.Several Arkk technology funds such as ARK FinTech Innovation ETF (ARKF), ARK Innovation ETF (ARKK ) also made it to the list on possible rate hikes expected in May.Several Chinese technology and consumer-focused ETFs such as KraneShares CICC China 5G & Semiconductor ETF (KFVG), Global X MSCI China Information Technology ETF (CHIK), Invesco China Technology ETF (CQQQ B-) featured on the worst-performing ETFs list after the Chinese authorities announced a ban on unauthorized videogame streaming in the country.Breakwave Dry Bulk Shipping ETF (BDRY) was one of the worst-performing ETFs as a result of continued levels of supply chain disruption so far in 2022 amid global woes.ETFMG U.S. Alternative Harvest ETF (MJUS) and AdvisorShares Pure US Cannabis ETF (MSOS) were the worst performing contenders losing more than ~15% in the last month on market concerns and preference for value stocks. Compare and contrast the two marijuana 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.

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