Short Equity and Gold Miner ETFs Outperform as Sovereign Concerns Hit...
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– 2x Short Equity ETFs were again the strongest performing ETF group last week as weaker activity and employment data in the US added to ongoing sovereign debt uncertainties in Europe.
– The ETFX DAXglobal Gold Mining Fund (AUCO) rose another 1.4% last week bringing 3 month returns to 10%
– The ETFX DAXglobal Alternative Energy Fund (ALTE) continues to outperform through the market turmoil, holding steady amidst weakening equity benchmarks
Source: ETFWorld – ETFSecurities
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