2022 was a challenge.
The S&P 500 was down over 19%.
However, there were some pockets of the economy that actually did well.
For some insight into where investors are focusing their investment dollars, today’s chart highlights the best ETFs of 2022.
So what actually gained in 2022?
Of the best non-leveraged ETFs, the top performer was Turkey equities with the remaining four all energy related.
What was the best performing ETF of 2022?
iShares MSCI Turkey ETF (TUR) was the the best performing ETF of 2022 with a gain of 99%.
What is an ETF?
An ETF (exchange-traded fund) is simply a basket of assets that trades on a stock exchange just like a stock.
How many ETFs are there?
Currently, there are over 2500 U.S. based ETFs.
What is the largest ETF?
SPY, which tracks the S&P 500, is currently the largest ETF based on assets under management.