It’s a bit of a mixed bag in terms of recent ETF performance with coffee the biggest gainer over the past week and industrial commodities also performing well but some odd ducks like mortgage real estate companies, Brazil, JPY-hedged Japanese equities, and Spain also in the list of the biggest gains over the past week. Natural gas continues to move lower off of recent highs ahead of inventory tomorrow, while the crude market has helped push down high-beta equities that service producing companies. A few Asian EM names, homebuilders, and a couple of other themes round out the worst performers list.
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