February 27, 2009 at 2:22 pm by Tom Lydon
February was a rocky month for both the broader markets and exchange traded funds (ETFs).
The top area was precious metals, a signal of heavy safe-haven buying. Gold gained about 6%, while silver jumped 8.6%. Gold miners even showed a small gain for the month, up 1.9%.
Other areas of the market didn’t fare so well, though. Financials and real estate took hits: the iShares Cohen & Steers Realty Majors (ICF) fell 32.6%, while the Financial Select Sector SPDR (XLF) lost 26.3%.
For a complete look at the month of February, click through to see our February ETF performance report.
Tags: Commodity ETFs, ETF Performance Reports, Financial, Gold, ICF, Precious Metals, Real Estate, Sector ETFs, Silver, XLF
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