Natural gas prices have been rebounding off 17-year lows as traders look to rising summer electricity demand for air conditioning, with more power plants shifting over to cheaper natural gas from coal.
The broader commodity market is also seeing a prices recover, with energy and gold leading the charge, as the U.S. dollar depreciates and the Fed signals an extended low-rate environment.
Brazilian markets also experienced a huge surge in early March on a crackdown on government corruption and on speculation that support will grow to impeach President Dilma Rousseff. [Brazil ETFs Roar Back as Government Incompetence Ends]
The worst performing non-leveraged ETPs of the month include the C-Tracks on Citi Volatility Index ETN (NYSEArca: CVOL) down 38.9%, iPath S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) down 29.6% and ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) down 29.6%.