April’s ETF Winners and Losers

We’re starting to see some exchange traded funds (ETFs) on the move. In fact, several have crossed above their long-term trend lines, and the major indexes all ended in positive territory for the month of April.

Among the top-performing ETFs for the month include:

• DJ Wilshire REIT (RWR), up 32.4%
• iShares Dow Jones U.S. Home Construction (ITB), up 27.5%
• iShares MSCI Taiwan (EWT), up 26.6%
• Market Vectors Coal (KOL), up 28.9%
• First Trust Global Wind Energy (FAN), up 22%
• SPDR S&P Metals & Mining (XME), up 26.9%

The weakest ETFs for the month include:

• United States Natural Gas (UNG), down 13.8%
• Market Vectors Gold Miners (GDX), down 10.8%