February ETF Performance Report
February 27th at 2:22pm by Tom Lydon
February was a rocky month for both the broader markets and exchange traded funds (ETFs).
The top area was precious metals, a signal of heavy safe-haven buying. Gold gained about 6%, while silver jumped 8.6%. Gold miners even showed a small gain for the month, up 1.9%.
Other areas of the market didn’t fare so well, though. Financials and real estate took hits: the iShares Cohen & Steers Realty Majors (ICF) fell 32.6%, while the Financial Select Sector SPDR (XLF) lost 26.3%.
For a complete look at the month of February, click through to see our February ETF performance report.
