ICLN - ETF Q1 performance review & market momentum for Q2
With the first quarter coming to a close, let's examine which exchange traded funds have performed the best and worst, along with which areas of the market have the most significant momentum moving into the second quarter.Top five performing ETFs in Q1:#1: Breakwave Dry Bulk Shipping ETF (BDRY), +139.22%.#2: Amplify Seymour Cannabis ETF (CNBS), +63.95%.#3: Global X Cannabis ETF (POTX), +59.80%.#4: ETFMG Alternative Harvest ETF (MJ), +56.72%.#5: The Cannabis ETF (THCX), +54.32%.Bottom five performing ETFs in Q1:#1: ProShares VIX Short-Term Futures ETF (VIXY), -30.13%.#2: iShares Global Clean Energy ETF (ICLN), -18.70%.#3: PIMCO 25+ Year Zero Coupon US Treasury Index ETF (ZROZ), -18.29%.#4: iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ), -18.27%.#5: TrueShares Technology, AI & Deep Learning ETF (LRNZ), -18.14%.Where is momentum heading in the second quarter and beyond? Inflation seems to be set to rise, and the world economy is looking to bounce back as vaccine rollouts continue, and infection rates decline.UBS, in their second-quarter post-pandemic outlook, stated: "We
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ETF Q1 performance review & market momentum for Q2