Walter’s Woes Plague Coal ETF

With Walter falling and then halted, KOL sank 2.6% on volume that was more than double the daily average. Weakness in Walter today and other components such as Joy Global (NYSE: JOY) and Peabody Energy (NYSE: BTU) over the past several weeks has sent KOL down 12% in the past month. Over the same time, the S&P 500 is down just 1%.

Market Vectors Coal ETF

ETF Trends editorial team contributed to this report.