The iShares MSCI Global Select Metals ' Mining Producers Index Fund (PICK) was one of the worst-performing funds Thursday, July 12, shedding 3.82 percent of value amid another day of weakness in the broad stock market.
The Dow Jones industrial average closed lower for the sixth consecutive day Thursday, dropping 31.26 points, or 0.25 percent, to end at 12,573.27, still pressured by lackluster corporate earnings reports and forecasts, which have added fodder to fears that the global economy is slowing down. Gold prices were also down on the day, giving up 0.7 percent.
The market was eagerly awaiting China’s second-quarter GDP figure, which many feared would rubber-stamp the notion that the global economy is on shaky legs. The number, released late Thursday evening, came in at 7.6 percent, confirming China’s slower growth and spurring hopes of more stimulus measures ahead.
Commodities ETFs remained some of the best-performing funds, continuing to tag on gains on poor and still-deteriorating crop conditions across the U.S. grain belt.
The Teucrium Wheat ETF (WEAT) and the Teucrium Corn ETF (CORN) posted gains of more than 3 percent each Thursday, ranking as the two best-performing funds of the day.
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| WEAT | Teucrium Wheat | 3.18% | 14,129 | 3.10 |
| CORN | Teucrium Corn | 3.13% | 266,348 | 91.64 |
| PKB | PowerShares Dynamic Building ' Construction Portfolio | 2.39% | 6,043 | 28.21 |
| ITB | iShares Dow Jones U.S. Home Construction | 2.06% | 3,412,605 | 845.37 |
| JJG | iPath Dow Jones UBS Grains Total Return ETN | 1.90% | 104,774 | 173.21 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | 1.85% | 8,505 | 6.61 |
| GRU | ELEMENTS MLCX Grains - Total Return ETN | 1.57% | 64,795 | 16.64 |
| VXZ | iPath S'P 500 VIX Mid-Term Futures ETN | 1.54% | 394,659 | 253.89 |
| PBE | PowerShares Dynamic Biotech ' Genome Portfolio | 1.48% | 13,172 | 137.94 |
| XHB | SPDR S'P Homebuilders | 1.43% | 4,732,573 | 1,301.40 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| NIB | iPath Dow Jones-UBS Cocoa Total Return ETN | -4.95% | 41,287 | 24.20 |
| PICK | iShares MSCI Global Select Metals ' Mining Producers | -3.82% | 6,000 | 3.78 |
| TDV | db-X 2040 Target Date | -3.53% | 1,182 | 29.25 |
| CANE | Teucrium Sugar | -2.81% | 5,300 | 1.64 |
| PLTM | First Trust ISE Global Platinum | -2.48% | 5,030 | 7.78 |
| COPX | Global X Copper Miners | -2.41% | 52,945 | 25.68 |
| FNI | First Trust ISE Chindia | -2.37% | 3,282 | 65.99 |
| PXN | PowerShares Lux Nanotech Portfolio | -2.33% | 18,304 | 22.60 |
| EWY | iShares MSCI South Korea | -2.32% | 1,868,408 | 2,469.15 |
| EWP | iShares MSCI Spain | -2.26% | 343,305 | 154.49 |
Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.
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