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Barclay’s ipath Carbon ETN performanceBarclay’s ipath Carbon ETN performance

Seeking Alpha had this to say about the Barclay’s Carbon ETN today:

The accompanying six month chart illustrates that GRN has withstood the downturn in commodities and the markets since it began trading July 8, with the following returns since that time: GRN down 38.7%, U.S. Oil Fund (USO) down 65.3%, U.S. Natural Gas Fund (UNG) down 60%, and S&P 500 SPDR (SPY) down 29.6%.

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