Q2 2022 was tough.
The S&P 500 was down over 16%.
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 Q2 2022.
So what actually gained in Q2.
Of the best non-leveraged ETFs, two were related to energy (gasoline and carbon), two were China sectors (consumer discretionary and internet) and one, AGFiQ US Market Neutral Anti-Beta ETF, is a specialty ETF that takes a market neutral position by being long low beta stocks and short high beta stocks — tends to perform well in a risk-off environment.
What was the best performing ETF of Q2 2022?
United States Natural Gas Fund ETF (UGA) was the the best performing ETF of Q2 2022 with a gain of nearly 22%.
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.