We performed a screening of micro-cap ETFs, defined as having Assets Under Management (AUM) under $400 million – 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
Breakwave Dry Bulk Shipping ETF BDRY
BDRY is up 21.03% over the trailing week.
The Breakwave Dry Bulk Shipping ETF offers exposure to the dry bulk shipping market through a portfolio of near-dated freight futures contracts on dry bulk indices.
The fund has $65.8 million in AUM and an expense ratio of 2.85%.
BDRY is down 15.45% YTD.
Global X MSCI Argentina ETF ARGT
ARGT was up 7.51% on the week.
The Global X MSCI Argentina ETF offers exposure to the Argentine markets.
ARGT has $77.9 million in AUM and an expense ratio of .59%. The fund has holdings in 26 companies, with the 10 largest comprising 70.33% of the fund.
The fund's largest holdings are MercadoLibre, Inc. MELI and YPF SA Sponsored ADR Class D YPFD making up 25.89% and 7.95% of the fund, respectively.
YTD, ARGT is up 49.64%.
Losers
Simplify Tail Risk Strategy ETF CYA
CYA is down 13.52% over the trailing week.
The Simplify Tail Risk Strategy ETF seeks to provide income and capital appreciation while protecting against significant downside risk to investors with a standalone solution for hedging diversified portfolios against severe equity market selloffs.
CYA has $9.1 million in AUM and an expense ratio of 0.164%.
CYA is down 95.05% YTD.
Global X Solar ETF RAYS
RAYS is down 6.40% over the trailing week.
The Global X Solar ETF offers exposure to the global renewable energy market, focused on companies involved in the production and deployment of solar panels.
The fund has $6.1 million in AUM and an expense ratio of 0.51%. RAYS has holdings in 51 companies, with the 10 largest comprising 54.35% of the fund.
The fund's largest holdings are First Solar, Inc. FSLR and Sungrow Power Supply Co., Ltd. Class A (SHE: 300274) making up 9.27% and 8.92% of the fund, respectively.
RAYS is down 42.59% YTD.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.