Largest Positive Opening Gaps for IEF

How does IEF usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in IEF stock, the average move was +1.0% with the single largest opening gap of +1.4% occurring on 14-Nov-2023. Following the opening, IEF tended to drift lower to the closing price 58% of the time for an average loss of -0.1%. The following day, IEF stock price averaged -0.1% losses, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant gaps.

Catalysts

3 of IEF's 12 largest moves corresponded with a large gap up in the overall market.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +0.6% on 2-Aug-2024, while the biggest drop from the open to the low was -0.9% on 23-Apr-2025. On average, the IEF stock price gain from the opening price to the highest point of the day was +0.2%, and the average drop to the lowest point was -0.3%.

Day Drift Open-to-Close

The best performance in IEF stock price from opening price to closing price (referred to as the "drift" for the day) was on 2-Aug-2024 for a +0.5% gain after the stock gapped up +1.0% at the open. The worst worst return from the opening price to the closing price was on 23-Apr-2025 when the stock lost -0.7% after the stock gapped up +0.8%. Overall in the 12 available observations, the stock drifted lower 58% of the time for an average loss of -0.1%.