Bond & Gold ETFs Rise ahead of U.S. Jobs Data
2022-12-02 00:00uSMART

Top 20 Best Performing ETFs Today: US Markets retreated ahead of non-farm payroll data which could determine the pace of future rate hikes. While weak economic data pushed the rally of bond & gold ETFs. 

 

Summary:

  • US Markets retreated ahead of Friday's key jobs report.
  • Cannabis stocks mostly rose, with the ADVISORSHARES MSOS 2X DAILY ETF up 13.6%.
  • Treasury-related ETFs performed strongly, with TMF up nearly 10% and the GDXU up 10%.
  • Weaker-than-expected October core PCE index and November ISM manufacturing index further reduced pressure for a rate hike, pushing higher bonds, gold, and silver.

 

Top 20 Best Performing ETFs for December 1, 2022
Rank Ticker Name %Change
1 MSOX ADVISORSHARES MSOS 2X DAILY ETF 13.60%
2 GDXU MICROSECTORS GOLD MINERS 3X LEVERAGED ETN 10.70%
3 MLPO Credit Suisse Nassau S&P Mlp Index Etn 04/12/34 10.39%
4 TMF Direxion Daily 20+ Year Treasury Bull 3X Shares ETF 9.82%
5 PSDN ADVISORSHARES POSEIDON DYNAMIC CANNABIS ETF 8.09%
6 JNUG Direxion Daily Junior Gold Miners Index Bull 2X Shares 8.08%
7 MSOS Advisorshares Trust Pure Us Cannabis Etf 6.78%
8 NUGT Direxion Daily Gold Miners Index Bull 2X Shares 6.57%
9 UBT Proshares Trust Proshares Ultra 20+Yr Treasury 6.45%
10 WEED ROUNDHILL CANNABIS ETF 6.26%
11 BICK First Trust Bick Index Fund 6.17%
12 FLSP Franklin Systematic Style Premia ETF 5.94%
13 UCYB PROSHARES ULTRA NASDAQ CYBERSECURITY ETF 5.81%
14 SILX ETFMG PRIME 2X DAILY JUNIOR SILVER MINERS ETF 5.76%
15 GOVZ Ishares 25  Year Treasury Strips Bond Etf 5.39%
16 FDTS Dev Mkts Ex-US SC Alphadex First Trust 5.33%
17 AGQ ProShares Ultra Silver 5.26%
18 ZROZ Pimco Etf Trust 25+ Yr Zero Cpn Us Treas Index Fd Etf 5.23%
19 YOLO Advisorshares Pure Cannabis Etf 5.13%
20 EDV Vanguard World Fund Extended Duration Treas Etf 4.73%

 

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