The leveraged bets on market volatility such as TVIX that have fallen so hard this year were among the top gainers on Friday, reports Brendan Conway at Barron’s.
This week’s top three unleveraged ETFs were VIIX, VXX and VIXY with gains of more than 7% at last check Friday afternoon.
Aside from volatility-linked products, this week’s bottom three unleveraged ETFs were PowerShares DB Silver (NYSEArca: DBS), iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver (NYSEArca: SIVR). They were off more than 6%.
Next week, look for economic reports on home prices, new home sales, consumer confidence and pending home sales. Markets will be closed Tuesday for the Christmas holiday.
Story updated to correct this week’s worst-performing ETFs.
Full disclosure: Tom Lydon’s clients own SLV.