Your metal ETF returns strengthen

Article Excerpt

A varied assortment of equity ETFs, as well as base metal producer ETFs, gave investors the biggest gains in September 2019. “Value” ETFs were also well represented at the top end of the leaderboard. The Alpha US Quant Value ETF (QVAL) jumped by 6% while the Vanguard Global Value ETF (Toronto symbol VVL) added 5.7%. Courtesy of some stability in the economic environment, the iShares MSCI Turkey ETF (TUR) did very well for its investors, with a 12.2% gain in the third quarter. The rest of the top performers in the quarter were fixed-income ETFs and ETFs that stand to benefit from the decline in long-term U.S. interest rates. This included utilities and real estate investment trusts. Precious metals also made an appearance near the top: the iShares Silver ETF (SLV) and the Aberdeen Platinum ETF (PPLT) gained 11.1% and 5.8%, respectively. On the other hand, there were very poor quarterly performances from base metal miners as the global economy showed more signs of weaker growth. The GlobalX Copper Miners ETF (COPX) was down by 17.7% while the iShares S&P/TSX Global…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.