Here are the ten ETFs with the largest increase in value traded (NYSEARCA:VT) for the week ending May 08, 2009.
The ranking is based on a simple comparison of the five-day average value traded (closing price times volume) versus the 50-day average.
Topping the list this week is Claymore/Sabrient Insider (NYSEARCA:NFO), and MarketVectors Gaming ETF (NYSEARCA:BJK) appears for the second week in a row. Two commodity oriented funds making the list turned in gains in excess of +20% for the week: iPath DJ AIG Natural Gas Total Return ETN (NYSEARCA:GAZ) with a +21.9% return, and MarketVectors Coal ETF (NYSEARCA:KOL) with a +20.2% return.
|FEZ||DJ Euro STOXX 50||8.5%||422%|
|COW||iPath DJ AIG Livestock Total Return ETN||2.6%||455%|
|DNH||WisdomTree Pacific Ex-Jap HY Equity||10.6%||377%|
|BJK||Market Vectors Gaming ETF||8.3%||337%|
|RZV||Rydex S&P Smallcap 600 Pure Value||8.2%||293%|
|GAZ||iPath DJ AIG Natural Gas Total Ret ETN||21.9%||352%|
|DSV||SPDR DJ Wilshire Small Cap Value||7.8%||240%|
|KOL||Market Vectors Coal ETF||20.2%||179%|
The output in the table above is filtered so that only ETFs and ETNs that had an Average Daily Value Traded (ADVT) of at least $1 million for the past 21 market days are included. This includes only those products in the upper ETF Liquidity Tiers and represents approximately 45% of the universe of US-listed ETFs and ETNs. This step eliminates many of the peculiarities associated with low volume securities.
Disclosure: no positions