This Week's Top Performing ETFs: 11/15/2020

These were last week’s top performing ETFs. We’ve excluded funds which use leverage or make inverse bets on their underlying assets.

While several states returned to Phase 1 for COVID-19 precautions, the E-TRACS UBS Bloomberg CMCI Food ETN (FUD A) was undaunted in the week before Thanksgiving, despite having zero inflows. As the temperature dips, oil, gas, and energy funds dominate and this week was no exception, with the bottom 80% of the top performers coming from that sector. Fluctuations between smart-beta funds like the Invesco Dynamic Energy Exploration & Production ETF (PXE B) and its more vanilla cousins like the Invesco S&P SmallCap Energy ETF (PSCE B-) were just 3%.

The iShares MSCI Turkey ETF (TUR B+) came in second place this week with almost 22% gains. Thanksgiving puns aside, the fund hasn’t been especially popular with investors, but has had a solid run since October. It’s the only pure play exposure to Turkish stocks.