October’s Best And Worst ETFs

By Investopedia Staff | November 01, 2010 AAA

On a day-to-day basis, most industries/sectors tend not to have dramatic price movements. However, material news/information that is fundamental to an industry/sector's business does get released periodically. This type of news has the potential to move a tracking exchange traded fund (ETF) by several percentage points (in either direction).
But even if an ETF has already moved, it might still warrant a look. After good news, an industry/sector may increase in value, but this momentum can often continue on for more upside. Likewise, bad news often knocks down an ETF's price more than is warranted, causing it to sell at bargain levels until the price moves back up.

Check out which ETFs made the biggest moves in October. By comparison, the S&P 500 was up 3.4% and the DJIA was up 3% over the same period. (For related reading, see How Now, Dow? What Moves The DJIA?)

October's Best-Performing ETFs

Company %Change Market Cap
PowerShares DB Agriculture Dble Long ETN (NYSE:DAG) +27.78% 114.30M
ProShares Ultra Silver (NYSE:AGQ) +26.82% 245.55M
iPath DJ-UBS Sugar TR Sub-Idx ETN (NYSE:SGG) +23.97% 18.82B
iPath DJ-UBS Cotton TR Sub-Idx ETN (NYSE:BAL) +23.08% 46.02M
Direxion Daily Semicondct Bull 3X Shares (Nasdaq:SOXL) +20.34% 11.10M

October's Worst-Performing ETFs

Company %Change Market Cap
PowerShares DB Agriculture Dble Shrt ETN (NYSE:AGA) -27.33% 4.40M
ProShares UltraShort Silver (NYSE:ZSL) -25.37% 47.27M
iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) -24.23% 2.02B
Direxion Daily Semicondct Bear 3X Shares (Nasdaq:SOXS) -19.41% 2.33M
Direxion Daily Technology Bear 3X Shares (NYSE:TYP) -17.95% 47.38M

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