These were the worst performing ETFs of the week.
ERUS — iShares MSCI Russia ETF -66.42%
FLRU — Franklin FTSE Russia ETF -52.11%
MJIN — ETFMG 2X Daily Inverse Alternative Harvest ETF -21.57%
FNGD — MicroSectors FANG+ Index -3X Leveraged ETN -20.88%
NAIL — Direxion Daily Homebuilders & Supplies Bull 3X Shares -19.57%
ETF Newz Says:
Nothing really happening in Russia as we wait to see when the markets there will open again. Wheat continues to be in short supply as the activity in the Ukraine continues. Homebuilders will struggle with the increase in interest rates.