10 Top Performing Exchange-Traded Funds of the Past Week

Following is information on last week’s best-performing exchange-traded funds and notes:

  1. Pro Shares Ultra Silver (NYSE:AGQ): This stock closed at $201.00 on May 27th, 2011. Its return over the past week was 16.9% and its return for the year to date is 26.7%. About the company:  ProShares Ultra Silver is an exchange-traded fund incorporated in the USA.  The Fund will seek daily investment results that correspond to twice the daily performance, whether positive or negative, of its corresponding benchmark.  The Fund tracks the daily performance of silver bullion as measured by the US Dollar fixing price for delivery in London. For more similar best-of-breed trading ideas for Gold & Silver, consider a free 14-day trial to our premium investment newsletter service>>
  2. PowerShares DB Silver Fund (NYSE:DBS): This stock closed at $66.53 on May 27th, 2011. Its return over the past week was 8.6% and its return for the year to date is 22.1%. About the company:  PowerShares DB Silver Fund is an exchange-traded fund incorporated in the USA.  The Fund’s objective is to track the Deutsche Bank Liquid Commodity Index-Optimum Yield Silver Excess Return Index, which is intended to reflect the changes in market value in silver.
  3. iPath Pure Beta Cotton ETN (CTNN): This stock closed at $49.37 on May 27th, 2011. Its return over the past week was 8.5% and its return for the year to date is -1.5%. About the company:  The iPath Pure Beta Cotton ETN is an exchange-traded note issued in the USA.  The Notes will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the Barclays Capital Cotton Pure Beta TR Index.
  4. iShares Silver Trust (NYSE:SLV): This stock closed at $37.03 on May 27th, 2011. Its return over the past week was 8.3% and its return for the year to date is 22.7%. About the company:  iShares Silver Trust is a trust formed to invest in silver.  The assets of the trust consist primarily of silver held by the custodian on behalf of the trust.  The objective of the trust is for the shares to reflect the price of silver owned by the trust, less the trust’s expenses and liabilities.
  5. ETFS Silver Trust (NYSE:SIVR): This stock closed at $37.74 on May 27th, 2011. Its return over the past week was 8.3% and its return for the year to date is 22.8%. About the company:  ETFS Silver Trust is an exchange-traded fund incorporated in the USA.  The Fund’s objective is to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations.  The Shares are designed for investors who want a cost-effective and convenient way to invest in silver.  The security only holds LBMA Good Delivery bars.
  6. PowerShares DB Base Metals Double Long ETN (NYSE:BDD): This stock closed at $18.36 on May 27th, 2011. Its return over the past week was 8.1% and its return for the year to date is -4.7%. About the company:  PowerShares DB Base Metals Double Long ETN is an exchange-traded note issued in the USA by Deutsche Bank AG.  The Noted will provide investors with a cash payment at the scheduled maturity or early redemption, based on double the performance of its underlying index plus the monthly T-Bill index return.
  7. E-TRACS UBS Bloomberg CMCI Silver ETN (NYSE:USV): This stock closed at $53.65 on May 27th, 2011. Its return over the past week was 8.1% and its return for the year to date is 21.8%. About the company:  E-TRACS UBS Bloomberg CMCI Silver ETN is an exchange-traded note issued in the USA.  The Notes will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the UBS Bloomberg CMCI Silver Index.
  8. Direxion Daily Gold Miners Bull 2X Shares (NUGT): This stock closed at $33.59 on May 27th, 2011. Its return over the past week was 7.6% and its return for the year to date is -14.3%. About the company:  Dirextion Daily Gold Miners Bull 2X Shares is an exchange-traded fund incorporated in the USA.  The Fund’s objective is daily investment results of 200% of the NYSE Area Gold Miners Index.
  9. Direxion Daily Russia Bull 3X Shares (RUSL): This stock closed at $45.91 on May 27th, 2011. Its return over the past week was 7.4% and its return for the year to date is 7.4%. About the company:  Direxion Daily Russia Bull 3X Shares is an exchange-traded fund incorporated in the USA.  The Fund’s objective is daily investment results of 300% of the price performance of the DAX Global Russia+ Index.
  10. PowerShares DB Commodity Long ETN (NYSE:DPU): This stock closed at $19.56 on May 27th, 2011. Its return over the past week was 7.3% and its return for the year to date is 8.7%. About the company:  PowerShares DB Commodity Long ETN is an exchange-traded note issued in the USA by Deutsche Bank AG.  The Notes will provide investors with a cash payment at the scheduled maturity or early redemption, based on the performance of its underlying index plus the monthly T-Bill Index return.

For best-of-breed trading ideas for Gold & Silver, consider a free 14-day trial to our premium investment newsletter service>>

(Note: All data are sourced from here, and are assumed to be accurate.)

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