Passive investing, and more specifically, ETFs, have had a killer year.
Here are 12 ETFs that are crushing it with a more than 25% return in 2017
Here they are: The best performing ETFs in 2017 so far.
The funds, which aim to mirror the performance of a single sector or index, have been extremely popular among investors for their low fees and predictable returns.
ETFs are a huge driver of growth in today's bull market. Exchange traded funds will purchase $300 billion in equities this year, which is more than 2015 and 2016 combined. Moody's thinks more than half the stock market will be owned by ETFs by 2024. There may be no stopping the popular funds.
Investing in ETFs is easy to do, but picking the right ETFs is a bit more complicated. To help, we compiled a list of the best ETFs, ranked by 2017 performance, using Bloomberg data.
The S&P 500 is up 7.63%, which is a small number compared to the 25% or higher returns made by every ETF on this list. All the data was provided via Bloomberg.
First Trust NYSE Arca Biotech (FBT)
Assets:$1.02 billion
2017 Return:%
2017 investments in the fund:$11.73 million
Data provided by Bloomberg
iShares MSCI China (MCHI)
Assets:$2.486 billion
2017 Return:%
2017 investments in the fund:$167.1 million
Data provided by Bloomberg
Direxion Daily S&P 500 Bull 3x (SPXL)
Assets:$565.74 million
2017 Return:%
2017 investments in the fund:$99.15 million
Data provided by Bloomberg
ProShares UltraPro S&P 500 (UPRO)
Assets:$893.76 million
2017 Return:%
2017 investments in the fund:$67.97 million
Data provided by Bloomberg
iShares North American Tech (IGV)
Assets:$1.05 billion
2017 Return:%
2017 investments in the fund:$182.1 million
Data provided by Bloomberg
iShares MSCI South Korea Capped (EWY)
Assets:$3.77 billion
2017 Return:%
2017 investments in the fund:$139.9 million
Data provided by Bloomberg
FI Enhanced Large Cap Growth (FBGX)
Assets:$948.81 million
2017 Return:%
2017 investments in the fund:$48.9 million
Data provided by Bloomberg
Credit Suisse FI Large Cap Growth (FLGE)
Assets:$1.217 billion
2017 Return:%
2017 investments in the fund:$122.2 million
Data provided by Bloomberg
SPDR S&P Biotech ETF (XBI)
Assets:$3.67 billion
2017 Return:%
2017 investments in the fund:$446.8 million
Data provided by Bloomberg
ProShares Ultra QQQ (QLD)
Assets:$1.23 billion
2017 Return:%
2017 investments in the fund:$17.29 million
Data provided by Bloomberg
KraneShares CSI China Internet (KWEB)
Assets:$540.67 million
2017 Return:%
2017 investments in the fund:$244.1 million
Data provided by Bloomberg
ProShares UltraPro QQQ (TQQQ)
Assets: $1.81 billion
2017 Return: 55.78%
2017 investments in the fund: $285 million
Data provided by Bloomberg
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