Daily ETF Performance: $SCO Soars 12.88% as Oil Prices Slide
HERE’S HOW THE ETF WORLD DID TODAY
Gold and silver miners surged, while oil and semiconductor ETFs came under pressure. Homebuilders, China, and broader equity markets also posted strong gains.
🥇 Top Gainers
-
$VanEck Junior Gold Miners ETF(GDXJ)$ – Junior Gold Miners: +9.62%
-
$VanEck Gold Miners ETF(GDX)$ – Gold Miners: +9.01%
-
$iShares Silver Trust(SLV)$ – Silver: +5.17%
-
$iShares U.S. Home Construction ETF(ITB)$ – U.S. Homebuilders: +7.25%
-
$iShares China Large-Cap ETF(FXI)$ – China Large-Cap: +4.22%
📉 Top Losers
-
$United States Oil Fund LP(USO)$ – Oil: -8.07%
-
$Spdr S&P Oil & Gas Exploration & Production Etf(XOP)$ – Oil & Gas Exploration and Production: -6.39%
-
$iShares Semiconductor ETF(SOXX)$ – Semiconductors: -2.97%
🌎 Across the Market
-
U.S. Large Caps: +1.44%
-
U.S. Small Caps: +1.09%
-
International Stocks: +1.76%
-
Crypto: +2.88%
🏆 Best-Performing Fund
$ProShares UltraShort Bloomberg Crude Oil(SCO)$ gained 12.88%, leading the ETF universe. The fund uses 2x leverage to bet against oil prices.
Gold miners topped the leaderboard, while oil-related funds saw the steepest declines.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
