“Each week, I like to publish the past week’s hottest ETFs to share some new trends and niche ETFs out there and give investors some new ideas. For this week, Tech finally took a break (if you can call a 10% gain on TYH a “break”) in comparison to some of the other leveraged ETFs. In order to share some other niche ETFs, I wanted to avoid leveraged ETFs this week, especially since they generally don’t make for suitable “investments” but are rather, a trading/hedging tool as outlined here in this leveraged ETF risk article,” Everyday Finance Reports.

Here are 3 top performing ETFs they listed from last week that do not employ leverage:

FBT – First Trust AMEX Biotechnology Index – Up 26% – While a non-leveraged ETF return of 26% in a week seems incredible, I want to highlight that this is a complete anomaly, unlikely to be repeated on any sort of routine basis.  See 5 day chart below:

UMM – MACROSHARES MAJOR METRO HOUSING UP – Up 25% – This is a rather unorthodox ETF that while imperfect, acts as the most representative measure of the US housing market as outlined in more detail in this Case-Shiller Home Price ETF article.  See 5 day chart below:

TAN – Claymore/MAC Global Solar Energy – Up 17% – Solar stocks have been hot for varying reasons, including a recent note on subsidies from China for solar technologies which are expected to boost revenues for shares of underlying holdings.  See 5 day chart below:

Full Story: HERE

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