Conversely, agriculture-related ETFs led the way on soaring temperatures in the U.S. Elsewhere in commodities, oil ETFs were strong as crude prices climbed back above $90 a barrel.
The top unleveraged ETFs this week were iPath Grains ETN, iPath Agriculture ETN (NYSEArca: JJA) and U.S. Natural Gas Fund (NYSEArca: UNG). They were up more than 6% for the week in afternoon trade Friday.
The bottom unleveraged ETFs this week were iShares MSCI Spain, iShares MSCI Italy (NYSEArca: EWI) and Guggenheim China Small Cap (NYSEArca: HAO) with losses of over 4%.
In next week’s economic data, look for reports on home prices and sales, durable goods orders and consumer sentiment. Investors will also get their first look at second-quarter GDP on Friday.
iPath Grains ETN