Best and Worst ETFs Of The Week Amid Energy Rebound

The SPDR S&P 500 ETF (SPY) finished the week on a disappointing note that saw index prices revert back to the 50-day moving average.  The broad measure of large-cap stocks was rejected from notching new all-time highs and is once again mired in the midst of a narrow trading range.  

Despite the downbeat tone on Friday, crude oil prices and energy stocks managed to post positive returns this week.  A convincing rebound in this sector may represent a turning point for the markets as many investors have been closely monitoring the health of the energy markets.  

The following ETFs represent a sample of the best- and worst-performing funds over the last five trading sessions.

BEST: Brent Oil Prices

Crude oil prices have been in a vertical ascent since bottoming in mid-March.  Overwhelmingly negative sentiment may have contributed to an overshoot on the downside that the market is in the process of correcting higher.  

The United States Oil Fund (USO) is the most heavily traded ETF in this space that tracks the price of West Texas Intermediate Crude Oil.  Nevertheless, the stronger performer this week was the lesser known United States Brent Oil Fund (BNO), which tracks the price of Brent crude oil.  

BNO gained over 8 percent to close near its highest levels in two months and is back in positive territory for 2015.  This ETF has nearly $125 million in total assets and charges an expense ratio of 0.75 percent.

WORST: Tin Futures

Exchange-traded notes have become a destination spot for investors to access individual sectors of the commodity and agriculture space.  Many of these ETNs track the daily price movement of individual futures contracts with liquidity and transparency.  

One industrial metal ETN that experienced a rough week was the iPath Bloomberg Tin Subindex Total Return ETN (JJT).  This fund tracks futures contracts on tin, which is used in many industrial industrial processes and household goods.  

JJT lost over 10 percent this week and fell to a new one-year low.  This concerning downtrend has yet to show signs of a bottom and likely indicates slowing global demand for industrial metals.