Best & Worst Monthly Performers: September 23 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 ETFs*‌ During this month, ‌Dow Jones closed slightly higher while both NASDAQ‌ and S&P 500 indices treaded low. Declines were prominent in utilities, energy and industrial sectors. Stocks continued declining as risk of infection increased with a record number of cases in Florida and Arizona.Roundhill Sports Betting & iGaming ETF (BETZ) was one of the best performing ETFs returning over 14% this month driven by the legalization of sports betting in more states and rising popularity amongst people looking for passing time at home.The airline ETF, U.S. Global Jets ETF (JETS C) also ranked amongst the best performing ETFs with a 1-month return of 10%+. The ETF performance improved on brighter prospects of the travel industry in a new-normal.Several commodity ETFs like iPath Series B Bloomberg Grains Subindex Total Return ETN (JJG B+), Teucrium Soybean Fund (SOYB B), iPath Bloomberg Cocoa SubIndex Total Return ETN (NIB A+) and other agricultural ETFs also featured on the best performing ETFs’ list driven by higher buying of soybeans and other agricultural goods by China. Investors have been also looking at commodities trading as an alternative source of earning returns. Check out more about commodity ETF here.Materials Select Sector SPDR Fund (XLB A) and John Hancock Multifactor Materials ETF (JHMA ) were also present in the best -performing ETFs’ list as Materials was the top-performing sector returning ~6% this month.The COVID-19 pandemic has stressed upon the importance of ESG ETFs. Several ETFs tracking the performance of carbon credit futures contracts such as KFA Global Carbon ETF (KRBN) and iPath Global Carbon ETN (GRN C) made it on the list of best performing ETFs this month.Many biotechnology ETFs such as BioShares Biotechnology Products ETF (BBP ), Defiance Junior Biotech ETF (IBBJ) and Loncar Cancer Immunotherapy ETF (CNCR ) ranked amongst the best performing ETFs this month as the ETFs got a boost from latest COVID news and M&A activity including an announcement by Gilead to buy Immunomedics Inc.To compare this month’s list with the one published on August 26, click here.Worst Performing ETFsSeveral energy AMLP ETFs like InfraCap MLP ETF (AMZA ), JPMorgan Alerian MLP Index ETN (AMJ A-) and ETRACS Alerian MLP Index ETN (AMU A-) topped this month’s worst-performing ETFs’ list as the energy sector slumped registering a fall of ~11% in the last month. Compare and contrast the two MLP ETFs using our ETF Comparison tool.First Trust Natural Gas ETF (FCG C+) also made it to the list as natural gas prices crashed by 6% in the last month. Other notable energy ETFs that made it to the list are Invesco Dynamic Energy Exploration & Production ETF (PXE B), SPDR S&P Oil & Gas Exploration & Production ETF (XOP B+) and VanEck Vectors Oil Services ETF (OIH B+). Check out our list of energy ETFs hereBreakwave Dry Bulk Shipping ETF (BDRY) also featured on the list of worst-performing ETFs as the demand for dry bulk shipping remained low amid macroeconomic concerns and COVID-19 crisis.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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