Finest-Performing ETFs of Final Week

Wall Road was downbeat final week, with the S&P 500 shedding 3.1%, the Dow Jones shedding about 2.4% and the Nasdaq Composite retreating 3.5%. The S&P 500 recorded its worst week since September 2024. SPDR S&P 500 ETF Belief SPY misplaced 3.4% within the week. The Nasdaq formally entered correction territory — outlined as a ten% decline from latest highs.

Weak Jobs Report Provides to Considerations

Buyers largely shrugged off a weaker-than-expected February jobs report, which briefly pushed Treasury yields decrease. Nonfarm payrolls elevated by 151,000 in February, falling wanting economists’ expectations of 170,000. The unemployment charge rose to 4.1%, including to considerations about financial softening.

Tariff Uncertainty Weighs on Markets

The week’s market turmoil was pushed by considerations over commerce coverage. President Donald Trump’s tariff bulletins created uncertainty, although he later exempted items from Canada and Mexico beneath the USMCA till April 2. This partially reversed the unique plan, however markets nonetheless struggled with an absence of long-term readability.

“The market doesn’t like uncertainty,” mentioned Glen Smith, CIO at GDS Wealth Administration, as quoted on CNBC. He expects a restoration from the tariff-led selloff however has warned that buyers ought to put together for continued market choppiness till commerce uncertainties are resolved.

Treasury Secretary’s Tackle Financial Outlook

Treasury Secretary Scott Bessent acknowledged that the economic system could also be shedding momentum however attributed it to a transition from the earlier insurance policies. He reassured buyers that any tariff-related value improve could be a one-time adjustment relatively than a set off for lasting inflation.

Finest-Performing ETFs of Final Week

Towards this backdrop, under we spotlight a couple of profitable exchange-traded funds (ETFs) of final week.

iPath Sequence B S&P 500 VIX Quick-Time period Futures ETN VXX – Up 15.4%

As Wall Road skilled a crash final week, inventory volatility surged. The underlying S&P 500 VIX Quick-Time period Futures Index Whole Return provides publicity to a each day rolling lengthy place within the first and second month VIX futures contracts and displays views of the longer term path of the VIX index on the time of expiration of the VIX futures contracts comprising the Index. The ETF prices 89 bps in charges.

First Belief Germany AlphaDEX Fund FGM – Up 11.2%

German shares had been on a profitable spree final week amid plans to overhaul debt policy and hike defense spending. Alterations or exemptions to the debt brake are seen as essential for alleviating fiscal coverage to spice up Germany’s economic system and align army spending with Europe.

Direxion Every day AVGO Bear 1X Shares AVS – Up 9.7%

Though Broadcom (AVGO) inventory gained 8.6% on Friday as stable forecast eased demand worries for AI chips, the inventory was down 4.3% for the week. In consequence, the inverse model ETF on the inventory gained meaningfully final week.

World X Protection Tech ETF SHLD – Up 9.5%

The underlying World X Protection Tech Index seeks to supply publicity to protection know-how corporations which are positioned to profit from know-how, providers, programs and {hardware} that cater to the protection and army sector. The fund prices 50 bps in charges.

United States Pure Gasoline Fund LP UNG – Up 9.2%

The US Pure Gasoline ETF LP is an exchange-traded safety that’s designed to trace in proportion phrases the actions of pure fuel costs. U.S. pure fuel futures surged currently, due to file LNG export flows and stronger demand projections.