Advertisement
UK markets open in 5 hours 50 minutes

  • NIKKEI 225

    37,314.99
    -764.71 (-2.01%)
     

  • HANG SENG

    16,385.87
    +134.03 (+0.82%)
     

  • CRUDE OIL

    83.10
    +0.37 (+0.45%)
     

  • GOLD FUTURES

    2,394.20
    -3.80 (-0.16%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    50,333.39
    +766.63 (+1.55%)
     

  • CMC Crypto 200

    1,303.30
    +417.76 (+46.75%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Top Performing ETFs of 2019

Neena Mishra

2019 has turned out to be a banner year for stocks. The S&P 500 ETF is up about 29%, the Dow 23%, while the tech heavy Nasdaq has surged about 35% this year. These gains combined with 2018’s negative return represent the best year-over-year performance for stocks since 2009, thanks to Fed rate cuts, trade optimism and a healthy economy.

Technology is the best performing sector year-to-date--up 45%.  Energy is the worst performing sector, with a gain of just 5%.

The Invesco Solar ETF (TAN) is the best performing ETF of 2019. The cost of renewable energy generation has been falling in recent years with continued technological innovation, and that has changed the competitive balance between clean and traditional energy.

TAN’s top holdings include Enphase Energy (ENPH) and SolarEdge Technologies (SEDG) that have soared almost 400% and 170% respectively.

ADVERTISEMENT

Chip stocks have a lot of exposure to China and have benefited from trade optimism. The iShares PHLX Semiconductor ETF (SOXX) is up 56% in 2019. Its top holdings include NVidia (NVDA) and AMD (AMD).

The Aberdeen Standard Physical Palladium Shares ETF (PALL) is a physically backed ETF seeking to match the price of palladium, a precious metal that is used in catalytic converters.

The Virtus LifeSci Biotech Clinical Trials ETF (BBC) invests in clinical trials stage biotechnology companies.

To learn more about these ETFs, please watch the short video above.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report
 
Aberdeen Standard Physical Palladium Shares ETF (PALL): ETF Research Reports
 
iShares PHLX Semiconductor ETF (SOXX): ETF Research Reports
 
Invesco Solar ETF (TAN): ETF Research Reports
 
Virtus LifeSci Biotech Clinical Trials ETF (BBC): ETF Research Reports
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report
 
SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
 
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report