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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