“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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3. Twenty Of The Hottest ETFs In The Market
4. Some Of The Hottest ETFs In May (DRN, EUO, URE, TNA, EPV, DPK)
5. July’s Hottest ETFs

ETF BASIC NEWS, FBT, TAN, TYH, UMM