Silver And Gold Take A Hit, Oil And Gas Up - ETF Winners And Losers: Large-Cap Returns

We performed a screening of Large-Cap ETFs, defined as having Assets Under Management (AUM) above $10 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Leveraged funds were excluded.

Winners

Energy Select Sector SPDR Fund XLE

XLE is up 2.53% over the trailing week.

The Energy Select Sector SPDR Fund provides exposure to companies in the oil, gas and consumable fuel, energy equipment and services industries. It does this by seeking to correspond generally to the price and yield performance of the Energy Select Sector Index which, in turn, seeks to provide an effective representation of the energy sector of the S&P 500 Index. 

The fund has $38.79 billion in AUM and an expense ratio of 0.1%. XLE has holdings in 25 companies, with the 10 largest comprising 73.90% of the fund.

XLE’s largest holdings are Exxon Mobil Corporation XOM and Chevron Corporation CVX making up 21.71% and 18.60% of the fund, respectively.

XLE is down 6.24% YTD.

iShares MSCI Japan ETF EWJ

EWJ is down 0.96% over the trailing week.

The iShares MSCI Japan ETF seeks to track the investment results of an index composed of large and mid-sized Japanese equities, allowing investors to express a view on the Japanese market.

The fund has $13.75 billion in AUM and an expense ratio of .50%. The fund is spread across 237 companies with the top 10 holdings accounting for 23.57% of the fund’s value.

EWJ’s largest holdings are Toyota Motor Corp. TM and Sony Group Corporation SONY making up 5.28% and 3.03% of the fund, respectively.

EWJ is up 15.09% YTD.

Losers

iShares Silver Trust SLV

SLV was down 5.98% on the week.

The iShares Silver Trust ETF is intended to track the performance of silver. It is backed by physical bullion, offering investors access to silver without holding it themselves or dealing with the complexities of the futures market.

SLV has $10.25 billion in AUM and an expense ratio of 0.50%. The fund has $1.09 billion in AUM and an expense ratio of 1.11%.

YTD, SLV is down 4.41%.

VanEck Gold Miners ETF GDX

GDX was down 3.35% on the week.

The VanEck Gold Miners ETF provides exposure to the largest gold mining companies in the world. The performance of the underlying equities tends to correlate to the spot price of gold, making this a sort of indirect investment in gold itself, although this is not a one to one correlation.

GDX has $11.45 billion in AUM and an expense ratio of 0.51%. The fund has holdings in 53 companies, with the 10 largest comprising 61.87% of the fund.

The fund’s largest holdings are Newmont Corporation NEM and Barrick Gold Corporation GOLD making up 9.88% and 8.98% of the fund, respectively.

YTD, GDX is down 1.33%.

Featured photo by Zbynek Burival on Unsplash