Skip to main content

Befitting this era of crummy



exchange traded funds

that invest in currencies, commodities and international securities dominate our list of newly rated ETFs.

Among the 24 recently added


, seven are currency funds, one of which -- the

Market Vectors Double Long Euro ETN

(URR) - Get Market Vectors-Double Long Euro ETN Report

-- is leveraged. Another six buy commodities, including the leveraged

PowerShares DB Commodity Double Long


. Seven more invest internationally, including five "global" ETFs that hold securities from the U.S. and abroad.

Despite the diversity of the newly rated offerings, only two have gained in value during the first five months of this year and in the previous 12 months. The

WisdomTree Dreyfus Chinese Yuan Fund

Scroll to Continue

TheStreet Recommends

(CYB) - Get WisdomTree Chinese Yuan Strategy Fund Report

rode the export giant's strengthening currency to increase about 3% during both periods. The

WisdomTree U.S. Short-Term Government Income Fund


, which invests in bonds with short durations, rose 1.7% through May and 0.7% in the previous 12 months. The

S&P 500 Index

climbed 3.2% through May and lost 33% in the previous year.

The best performer was the

SPDR S&P Emerging Markets Small Cap ETF

(EWX) - Get SPDR S&P Emerging Markets Small Cap ETF Report

, up 49% this year, but down 28% in the previous 12 months. Only two funds earned our

top grade

, A-plus: the

WisdomTree Dreyfus Indian Rupee Fund


and the

WisdomTree Dreyfus Brazilian Real Fund



Richard Widows is a senior financial analyst for Ratings. Prior to joining, Widows was senior product manager for quantitative analytics at Thomson Financial. After receiving an M.B.A. from Santa Clara University in California, his career included development of investment information systems at data firms, including the Lipper division of Reuters. His international experience includes assignments in the U.K. and East Asia.