ETF Winners And Losers: Small-Cap Returns - Oil and Natural Gas Up, ARKW Down Over 5%

We performed a screening of small-cap ETFs, defined as having Assets Under Management (AUM) between $400 million and $2 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.

Winners

iShares U.S. Oil & Gas Exploration & Production ETF IEO

IEO is up 5.16% over the trailing week.

The iShares U.S. Oil & Gas Exploration & Production ETF offers investors exposure to the exploration and production sub-sector of the domestic oil and gas industry. The fund is fairly targeted and is highly affected by the movements in the price of crude oil.

The fund has $667.3 million in AUM and an expense ratio of 0.39%. IEO has holdings in 51 companies, with the 10 largest comprising 67.88% of the fund.

The fund’s largest holdings are ConocoPhillips COP and EOG Resources, Inc. EOG making up 18.20% and 9.73% of the fund, respectively.

IEO is up 1.56% YTD.

United States Natural Gas Fund LP UNG

UNG was up 4.86% on the week.

The United States Natural Gas Fund, LP UNG is designed to track the movement of the price of natural gas, in percentage terms. The fund uses the futures contract on natural gas as traded on the NYMEX as its benchmark.

The fund has $1.12 billion in AUM and an expense ratio of 1.11%.

YTD, UNG is down 47.94%.

Losers

ARK Next Generation Internet ETF ARKW

ARKW is down 5.27% over the trailing week.

ARK Next Generation Internet ETF invests in companies that are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile,internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media.

ARKW has $1.56 billion in AUM and an expense ratio of 0.88%. The fund has holdings in 34 companies, with the 10 largest comprising 63.02% of the fund.

The fund’s largest holdings are Coinbase Global, Inc. Class A COIN and Block, Inc Class A SQ making up 10.14% and 7.55% of the fund, respectively.

ARKW is up 63.58% YTD.

Invesco WilderHill Clean Energy ETF PBW

PBW was down 4.71% on the week.

The Invesco WilderHill Clean Energy ETF invests in smaller-cap growth stocks involved in the development and implementation of green energy. The fund is weighted heavily toward companies involved in the underlying technologies and less toward the materials and manufacturing of green energy products.

PBW has $730.7 million in AUM and an expense ratio of 0.61%. The fund has holdings in 76 companies, with the 10 largest comprising 18.43% of the fund.

The fund’s largest holdings are Rivian Automotive, Inc. Class A. RIVN and SES AI Corporation Class A SES making up 2.37% and 1.94% of the fund, respectively.

YTD, PBW is up 10.70%.

Featured photo by American Public Power Association on Unsplash