It was not a memorable April for U.S. stocks, but it was not a dreadful month, either. When parsing through the best and worst exchange traded funds of the month, some obvious themes emerge.
Among the worst ETFs, momentum funds suffered. April’s worst non-leveraged ETFs run the gamut of social media, biotechnology, Internet and other momentum fare that investors have repudiated. Looking at last month’s top ETFs, two themes jump out: Commodities and global ideas. Many of last month’s best ETFs and ETNs are either direct commodities plays, global funds or global funds with some type of commodities exposure...............................................Full Article: Source
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