NEW YORK (
) -- The best-performing exchange traded funds so far this quarter reflect strength in the energy markets, especially in crude oil.
The spot price of West Texas Intermediate Crude Oil climbed to just over $80 a barrel, a 14% bump since Sept. 30. The
iPath Goldman Sachs Crude Oil Total Return Index ETN
matched this return, while the
United States Oil Fund LP
PowerShares DB Oil Fund
lagged a bit, returning 13.3% and 13.2%, respectively.
The price of regular gasoline has also worked its way back up to $2.68 a gallon, according to AAA's national average. Gasoline futures on the New York Mercantile Exchange topped $2.01 a gallon at the close last Wednesday, up 17% this quarter. The top-performing ETF so far in the fourth quarter,
United States Gasoline Fund LP
, added 14.5%.
The only non-energy fund to crack the top ten this month is tied to the fortunes of the U.S. dollar and the economy. The
iPath Dow Jones-UBS Platinum Subindex Total Return ETN
grew 11.8% on a 5.3% rise in the spot price of platinum and a 1.3% decline in the U.S. dollar index.
To find the best rated exchange-traded funds, check out our
Top Rated ETFs
|United States Gasoline Fund LP (UGA) E+
|iPath Goldman Sachs Crude Oil Total Return Index ETN (OIL) E
|PowerShares DB Crude Oil Long ETN (OLO) E
|United States 12 Month Oil Fund LP (USL) E+
|United States Oil Fund LP (USO) E
|PowerShares DB Oil Fund (DBO) E+
|PowerShares DB Energy Fund (DBE) E+
|United States Heating Oil Fund LP (UHN) E
|iPath Dow Jones-UBS Platinum Subindex Total Return ETN (PGM) B
|E-TRACS UBS Bloomberg CMCI Energy ETN (UBN) E-
Source: TheStreet.com Ratings