Top ETFs during the past Month

Tracking the top ETFs for the past month is a good way to discover hot sectors and to find funds to invest in for the next month’s period. Past performance doesn’t guarantee future performance as we all know. But if the underlining technical trend hasn’t ended and the fundamental reason for the sector’s appreciation, then investing in that ETF or related sector stocks can be profitable.

By ranking Morningstar’s ETF chart by the 1 mo Return %, we can find the best performing ETFs over the past month. For the past month ETFs like the ProShares UltraPro Russell2000 (URTY) have gained 30%. The Direxion Daily Small Cap Bull 3X Shares (TNA) is up also near 30%. Of course considering the trading volume can provide a good measure of one’s ability to trade the ETF. URTY is lightly traded while TNA is heavily traded. Might be something you consider when you compare the funds.

Heavily traded ETFs with good volume include the Direxion Daily Small Cap Bull 3X Shares (TNA), ProShares Ultra Russell2000 (UWM), ProShares Ultra DJ-UBS Crude Oil (UCO), and Direxion Daily Energy Bull 3X Shares (ERX). Take a look at the 9 month chart at Clearstation.com for each fund to determine its technical trading situation and then look at related stories and articles for fundamental consideration.

ProShares Ultra Russell2000 (UWM)