Gold Up Over 3% On The Week, Raising These Gold Funds, Consumer Discretionary Falls As Tesla Drops - 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 change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. 

Winners

VanEck Gold Miners ETF GDX

GDX was up 6.38% 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 $11.06 billion in AUM and an expense ratio of 0.51%. The fund has holdings in 53 companies, with the 10 largest comprising 61.30% of the fund.

The fund's largest holdings are Newmont Corporation NEM and Barrick Gold Corporation GOLD making up 9.71% and 8.70% of the fund, respectively.

YTD, GDX is up 2.97%.

SPDR Gold Shares GLD

GLD is up 5.67% over the trailing week.

SPDR Gold Shares provide exposure to gold without the need to personally own bullion. The price will move synchronously with the spot price of gold.

GLD has $51.48 billion in AUM and an expense ratio of 0.40%. 

GLD is up 7.93% YTD.

Losers

Consumer Discretionary Select Sector SPDR Fund XLY

XLY is down 4.50% over the trailing week.

Consumer Staples Select Sector SPDR Fund offers exposure to a major facet of the US economy. It is very concentrated to a handful of companies.

The fund has $16.75 billion in AUM and an expense ratio of 0.10%. XLY has holdings in 53 companies, with the 10 largest comprising 71.59% of the fund.

The fund's largest holdings are Amazon.com, Inc. AMZN and Tesla, Inc. TSLA making up 22.43% and 19.51% of the fund, respectively.

XLY is up 20.11% YTD.

iShares 20+ Year Treasury Bond ETF TLT

TLT is down 3.83% over the trailing week.

The iShares 20+ Year Treasury Bond ETF offers exposure to long-dated US treasuries. 

TLT has $38.33 billion in AUM and an expense ratio of 0.15%.

TLT is down 14.82% YTD.Featured photo by Антон Дмитриев on Unsplash