Below is our daily list of the twenty best and twenty worst performing ETFs over the last five trading days.  Many of the top performers are down from yesterday’s high water marks, including Steel Producers, Metals & Mining, and FX-hedged Japanese equities, but they continue to sit in the top 3 positions on a weekly basis. Many of the long-term treasury and bond exposures inched up slightly from yesterday but were still negative over the past five days. Likewise, gold rose slightly on the day but remained among the worst performers on the week. Semiconductors turned in a very strong performance on both a daily and weekly basis.

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