February was another volatile month for the markets and exchange traded funds (ETFs). The Dow Jones industrial average lost 1.4%, while the S&P 500 was down 1.9% and the Nasdaq dropped 3.3%.
The metals and agriculture ETFs bucked the general market trends to rise an average of 15%. As oil topped $100 per barrel this month, it was no surprise that the oil-related ETFs were some of the top performers. These ETFs gained about 11.5%.
Global markets on average fared better than our domestic markets, with many of the single-country ETFs ending the month on a positive note.
Click here to view the full ETF performance report.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.