We once again point out that despite some strong gains over the past week for a few ETFs (base metals and coffee stand out), very few ETFs of the more than 200 we track are up over the last five sessions, with the 20th best performer up only 20 bps. There are lots of losses though. With oil sliding off recent highs, high-beta Energy names are getting smoked, and the health care industry has a bundle of underperformers as well.
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