Q3 2022 was a challenge.
The S&P 500 was down over 6%.
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 Q3 2022.
So what actually gained in Q3?
Of the best non-leveraged ETFs, the top three were natural gas, the fourth best performer was Turkey equities (a bear market bounce) and the fifth — uranium mining.
What was the best performing ETF of Q3 2022?
United States Natural Gas Fund ETF (UNG) was the the best performing ETF of Q3 2022 with a gain of 25%.
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.