Palladium & Natural Gas among best ETFs in January

Palladium and Natural Gas ETFs were among the top-performing ETFs for the first month of the year. U.S. natural gas prices surged by +30.67% in January as cold weather in many parts of the United States lifted demand, and commodity markets eyed the Russia-Ukraine crisis, fearing disruptions of natural gas flows to Europe in the event of a conflict. Consequently, United States Natural Gas Fund (UNG) and WisdomTree Natural Gas (NGAS) rose by over +35% in January. To a lesser extent, Energy Equities ETF trended between 15%-22% higher last month, including Ninepoint Energy Fund (NNRG), VanEck Vectors Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ), iShares S&P 500 Energy Sector UCITS ETF (IUES), Xtrackers MSCI USA Energy UCITS ETF (XUEN), and Invesco Energy S&P US Select Sector UCITS ETF (XLES).

Meanwhile, Palladium prices rallied by +22.73% over the same period as tensions boil on the Russia-Ukraine borders. Russia is the largest producer of Palladium and analysts fear that a hot war would exacerbate already chocked supplies. Reaping the benefits of the rise in prices are the Invesco Physical Palladium ETC (SPAL), iShares Physical Palladium ETC (SPDM), UBS ETF (CH) – Palladium A-dis (PLUSA), and WisdomTree Physical Palladium ETC (PHPD) – gaining over +25% last month.

Find and compare over 8,000 ETFs with our free tools:  

• ETF Screener
• ESG Investing
• Thematic Investing

Interested in seeing lists of top-performing ETFs? Check out our new Investing Guides:

• Investing in Gold ETFs
• Investing in Silver ETFs
• Investing in Commodity ETFs
• Investing in Oil ETFs
• Investing in ESG ETFs