2023 is off to a positive start.
The S&P 500 is up 7%.
However, there are some segments of the market that performed better.
Much better.
For some insight into where investors are focusing their investment dollars, today’s chart highlights the best ETFs of Q1 2023.
Of the best non-leveraged ETFs, the top performers were focused on the crypto industry (DAPP and BITQ).
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.