ETF Trends
ETF Trends

The equities market, along with stock exchange traded funds, sprinted through July, reaching new record highs, after the quick correction in June.

The Dow Jones Industrial Average was 4.3% higher over July. Meanwhile, the Nasdaq Composite increased 6.3% and the S&P 500 rose 5.1%.

The top non-leveraged ETFs over July include the Guggenheim Solar ETF (NYSEArca: TAN) up 19.8%, PureFunds ISE Junior Silver ETF (NYSEArca: SILJ) up 18.0% and the SPDR S&P Biotech ETF (NYSEArca: XBI) up 15.9%.

The solar sector has been outshining the broader markets for most of the year as the industry capitalizes on the greater push for alternative energy sources. [Solar ETFs Shine As China Expands Capacity]

After the swift exodus from precious metals, the lower prices have enticed investors back into silver. Additionally, the downtrodden miner industry is finally catching a break with investors pouncing on undervalued silver producers. [Obscure Silver Miners ETF Up 10% This Month]

Biotech stocks are surging on innovative drug applications filed with the FDA, robust earnings and positive drug trials, according to Minyanville.

The worst performing non-leveraged ETFs for the month include the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) down 25.9%, ProShares VIX Mid-Term Futures ETF (NYSEArca: VIXM) down 14.9% and Market Vectors Indonesia Small-Cap ETF (NYSEArca: IDXJ) down 11.1%.

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