It was one year ago today that the complete capitulation of retail and institutional investors alike ended and on March 10, 2009, the money started pouring in again. During that time, virtually all asset classes rocketed up with annual gains that haven’t been seen in decades. For investors savvy enough to either stay the course or time the bottom, the realized triple digit gains in numerous ETFs.
I selected several top performing ETFs from various sectors, countries and included leveraged ETFs as well. Note that leveraged ETFs only perform well during a sustained trend like what we saw from the bottoms and over long periods of time with just mild or low volatility, they lose money on both the long and short side due to daily rebalancing decay (explained here in Leveraged ETF Decay)
Biggest Winners Overall (all leveraged)
Symbol | %Â Return | ETFÂ Name
FASÂ Â Â 542Â Â Â Direxion Daily Financial Bull 3X Shares
MWJÂ Â Â 472Â Â Â Direxion Daily Mid Cap Bull 3X Shares
EDCÂ Â Â 439Â Â Â Direxion Daily Emrg Mkts Bull 3X Shares
TNAÂ Â Â 432Â Â Â Direxion Daily Small Cap Bull 3X Shares
TYHÂ Â Â 399Â Â Â Direxion Daily Technology Bull 3X Shares
RFLÂ Â Â 375Â Â Â Rydex 2x S&P Select Sector Financial
DZKÂ Â Â 326Â Â Â Direxion Daily Dev Mkts Bull 3X Shrs
BGUÂ Â Â 325Â Â Â Direxion Daily Large Cap Bull 3X Shares
UYGÂ Â Â 319Â Â Â Ultra Financials ProShares
UYMÂ Â Â 315Â Â Â Ultra Basic Materials ProShares
Biggest Winners with No Leverage
PGFÂ Â Â 257Â Â Â PowerShares Financial Preferred
RWWÂ Â Â 181Â Â Â RevenueShares Financials
PFFÂ Â Â 180Â Â Â iShares S&P U.S. Preferred Stock Index
KIEÂ Â Â 166Â Â Â SPDR KBW Insurance
KBE   165   SPDR KBW Bank   Financial
RYFÂ Â Â 164Â Â Â Rydex S&P Equal Weight Financials
PSPÂ Â Â 160Â Â Â PowerShares Listed Private Equity
RTLÂ Â Â 160Â Â Â iShares FTSE NAREIT Retail Cp Idx
XLFÂ Â Â 152Â Â Â Financial Select Sector SPDR
FIOÂ Â Â 146Â Â Â iShares FTSE NAREIT Industrl/Offc Cp Idx
PGXÂ Â Â 140Â Â Â PowerShares Preferred
IYRÂ Â Â 129Â Â Â iShares Dow Jones US Real Estate
IAKÂ Â Â 129Â Â Â iShares Dow Jones US Insurance
Biggest Winners by Country
RSXÂ Â Â 179Â Â Â Market Vectors Russia ETF
TURÂ Â Â 178Â Â Â iShares MSCI Turkey Invest Mkt Index
INPÂ Â Â 160Â Â Â iPath MSCI India Index ETN
GXGÂ Â Â 137Â Â Â Global X/InterBolsa FTSE Colombia 20 ETF
EWXÂ Â Â 131Â Â Â SPDR S&P Emerging Markets Small Cap
EWWÂ Â Â 128Â Â Â iShares MSCI Mexico Investable Mkt Idx
GMLÂ Â Â 125Â Â Â SPDR S&P Emerging Latin America
EWAÂ Â Â 125Â Â Â iShares MSCI Australia Index
EWZÂ Â Â 123Â Â Â iShares MSCI Brazil Index
BKFÂ Â Â 114Â Â Â iShares MSCI BRIC Index
EPPÂ Â Â 114Â Â Â iShares MSCI Pacific ex-Japan
EWSÂ Â Â 113Â Â Â iShares MSCI Singapore Index
ILFÂ Â Â 111Â Â Â iShares S&P Latin America 40 Index
VWOÂ Â Â 107Â Â Â Vanguard Emerging Markets Stock ETF
EZAÂ Â Â 106Â Â Â iShares MSCI South Africa Index
Biggest Winners by Commodity
KOLÂ Â Â 228Â Â Â Market Vectors Coal ETF
SLXÂ Â Â 182Â Â Â Market Vectors Steel ETF
PKOLÂ Â Â 178Â Â Â PowerShares Global Coal
XMEÂ Â Â 158Â Â Â SPDR S&P Metals & Mining
FXZÂ Â Â 151Â Â Â First Trust Materials AlphaDEX
CUTÂ Â Â 145Â Â Â Claymore/Beacon Global Timber Index
IRVÂ Â Â 99Â Â Â SPDR S&P International Materials Sector
Biggest Losers (All Leveraged)
ERYÂ Â Â -81Â Â Â Direxion Daily Energy Bear 3X Shares
SJLÂ Â Â -82Â Â Â UltraShort Russell MidCap Val ProShares
SJHÂ Â Â -83Â Â Â UltraShort Russell2000 Value ProShares
EEVÂ Â Â -83Â Â Â UltraShort MSCI Emerging Mkts ProShares
SMNÂ Â Â -86Â Â Â UltraShort Basic Materials ProShares
BGZÂ Â Â -86Â Â Â Direxion Daily Large Cap Bear 3X Shares
DPKÂ Â Â -88Â Â Â Direxion Daily Dev Mkts Bear 3X Shrs
TYPÂ Â Â -89Â Â Â Direxion Daily Technology Bear 3X Shares
MWNÂ Â Â -92Â Â Â Direxion Daily Mid Cap Bear 3X Shares
SKFÂ Â Â -92Â Â Â UltraShort Financials ProShares
TZAÂ Â Â -93Â Â Â Direxion Daily Small Cap Bear 3X Shares
SRSÂ Â Â -93Â Â Â UltraShort Real Estate ProShares
EDZÂ Â Â -94Â Â Â Direxion Daily Emrg Mkts Bear 3X Shares
RFNÂ Â Â -94Â Â Â Rydex Inverse 2x S&P Select Sector Fincl
FAZÂ Â Â -99Â Â Â Direxion Daily Financial Bear 3X Shares
You’ll note the biggest losers of the bunch were all leveraged ETFs, in many cases, going to almost -100% returns. For this reason and in anticipation for more of a plateau instead of another 60% move from here, I’ve been shorting leveraged ETF pairs with astounding results.
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What a nice read and reference. I never would have guessed mid caps would be leading small caps.
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