We performed a screening of micro-cap ETFs, defined as having Assets Under Management (AUM) under $400 million – to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.
Winners
Breakwave Dry Bulk Shipping ETF (NYSE:BDRY)
BDRY is up 21.03% over the trailing week.
The Breakwave Dry Bulk Shipping ETF offers exposure to the dry bulk shipping market through a portfolio of near-dated freight futures contracts on dry bulk indices.
The fund has $65.8 million in AUM and an expense ratio of 2.85%.
BDRY is down 15.45% YTD.
Global X MSCI Argentina ETF (NYSE:ARGT)
ARGT was up 7.51% on the week.
The Global X MSCI Argentina ETF offers exposure to the Argentine markets.
ARGT has $77.9 million in AUM and an expense ratio of .59%. The fund has holdings in 26 companies, with the 10 largest comprising 70.33% of the fund.
The fund's largest holdings are MercadoLibre, Inc. (NASDAQ:MELI) and YPF SA Sponsored ADR Class D (BSBA: YPFD) making up 25.89% and 7.95% of the fund, respectively.
YTD, ARGT is up 49.64%.
Losers
Simplify Tail Risk Strategy ETF (NYSE:CYA)
CYA is down 13.52% over the trailing week.
The Simplify Tail Risk Strategy ETF seeks to provide income and capital appreciation while protecting against significant downside risk to investors with a standalone solution for hedging diversified portfolios against severe equity market selloffs.
CYA has $9.1 million in AUM and an expense ratio of 0.164%.
CYA is down 95.05% YTD.
Global X Solar ETF (NYSE:RAYS)
RAYS is down 6.40% over the trailing week.
The Global X Solar ETF offers exposure to the global renewable energy market, focused on companies involved in the production and deployment of solar panels.
The fund has $6.1 million in AUM and an expense ratio of 0.51%. RAYS has holdings in 51 companies, with the 10 largest comprising 54.35% of the fund.
The fund's largest holdings are First Solar, Inc. (NASDAQ:FSLR) and Sungrow Power Supply Co., Ltd. Class A (SHE: 300274) making up 9.27% and 8.92% of the fund, respectively.
RAYS is down 42.59% YTD.