Shorts, Commodities Lift These ETFs to Top

Funds with short-selling strategies or those that invested in natural gas or copper were the best for the three-month period.
Author:
Publish date:

The top 10 ETFs for the quarter were dominated by funds that employed short strategies and funds invested in natural gas and copper.

While the broad market fell, these funds were able to post very solid returns ranging from 21% to 34% for the three months ended March 31.

Short strategy funds were able to capture returns across the spectrum of industries and sectors. This shows that the U.S. economy is experiencing a broad-based slowdown. Sectors and industries varied from semiconductors/technology, health care, small-cap and midcap stocks.

On the international front, shorting the Chinese market via the

ProShares UltraShort FTSE/Xinhua China

(FXP) - Get Report

fund capitalized on the recent cooling of that economy's runaway growth rate.

The profitable long positions were exposed to natural gas and copper.

Natural Gas looks like an opportunity going forward if investors want to play the energy market.

FUND_NAME

TICKER

TSCR Grade

Category

1 Month Return

3 Month Return

ProShares Ultra Short Semiconductors

SSG

A

Equity Income

-4.35

34.77

United States Natural Gas Fund

UNG

U

Energy/Natural Res

6.41

33.79

ProShares Ultra Short Technology

REW

C-

Growth - Domestic

-0.26

33.51

iPath Dow Jones-AIG Natural Gas Total Return

GAZ

U

Energy/Natural Res

6.82

33.20

ProShares Ultra Short QQQ

QID

C+

Growth - Domestic

-5.10

31.57

ProShares Ultra Short Health Care

RXD

C

Health/Biotechnology

8.51

27.02

ProShares Ultra Short Russell 2000 Growth

SKK

A+

Growth - Domestic

-1.59

26.20

iPath Dow Jones-AIG Copper Total Return

JJC

U

Energy/Natural Res

-0.53

25.65

ProShares Ultra Short Russell Mid Cap Growth

SDK

A+

Growth - Domestic

3.02

24.10

ProShares UltraShort FTSE/Xinhua China 25

FXP

U

Non-US Equity

4.40

21.55

Sam Patel, CFA, is the manager of mutual fund research for the TheStreet.com Ratings.

In keeping with TSC's Investment Policy, employees of TheStreet.com Ratings with access to pre-publication ratings data must pre-clear any potential trade through the legal department, and are prohibited from trading any security that is the subject of an unpublished rating revision until the second business day after the rating is published.

While Patel cannot provide investment advice or recommendations, he appreciates your feedback;

click here

to send him an email.