VYM - 4 ETFs That Have Been Soundly Beating the S&P This Year
Investing in an exchange-traded fund (ETF) doesn't have to mean that you're investing in the entire market or that you have exposure to hundreds of stocks. ETFs have evolved over the years, and can be focused on industries, and even small subsets of certain markets. Some ETFs, for instance, can focus on memes or the latest trends, while others might specifically target dividend stocks.
Four of the best-performing ETFs this year are iShares U.S. Healthcare ETF (NYSEMKT: IYH) , Vanguard High Dividend Yield Index Fund (NYSEMKT: VYM) , United States Oil Fund (NYSEMKT: USO) and Tuttle Capital Short Innovation ETF (NASDAQ: SARK). Here's an overview of what they focus on and whether they're still good investments right now.
The iShares U.S. Healthcare ETF has fallen 10% this year, which isn't great, but it's still better than the S&P 500 's decline of 20% over the same period. A key reason the fund has been doing relatively well is because of its focus is on the healthcare industry , which is a relatively safe place to invest these days amid inflation and fears of an impending recession.
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4 ETFs That Have Been Soundly Beating the S&P This Year