2019-10-29 14:10:02, Sweta Killa, Yahoo Finance
Content Categorization
/Business & Industrial
/Finance/Investing
/News/Business News/Financial Markets News
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1024
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22
Reading Time:
10.24 min
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Advanced
Readability:
16th or higher
The bull market, which was badly hit by trade dispute, decelerating global economic growth and recession calls in recent months, witnessed a comeback with the S&P 500 Index hitting new highs.
Below, we have presented a bunch of top-performing ETFs of 2019 so far that are likely to continue outperforming as these have potentially superior weighting methodologies and a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy).
VanEck Vectors Semiconductor ETF SMH – Up 47.7%This fund provides exposure to 25 semiconductor companies by tracking the MVIS US Listed Semiconductor 25 Index.
As such, it would lead to strong economic growth, and is thus a boon for the stock market (read: Dividend ETFs to Invest as Odds for October Fed Rate Cut High).
Invesco S&P MidCap Momentum ETF XMMO – Up 30.8%This ETF follows the S&P Midcap 400 Momentum Index, which is designed to identify mid-cap firms having the highest momentum scores.
Keywords
ETFs
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