The 34 energy sector ETFs returned an average 10.83%, according to figures from Citigroup. Barclays Global iShares Silver Trust led the way, posting a 16.95% return—the second-best return of any ETF last month behind the UltraShort Financials ProShares ETF which had returns of 22.64%. The average ETF was down 0.62% for the month. “Most commodity-based ETFs surged in February amid strong global demand for commodities, a weakening U.S. dollar and investor interest,” said the report.
Thanks for your interest in Euromoney!
To unlock this article, enter your e-mail to log in or enquire about access:
