Q1 2022 was a challenge.
The S&P 500 was down nearly 5%.
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.
By doing so, a clear theme emerges.
The top five ETFs so far in 2022 were all related to the dislocations brought on by Russia’s invasion of Ukraine.
What was the best performing ETF of Q1 2022?
United States Natural Gas Fund ETF (UNG) was the the best performing ETF of Q2 2022 with a gain of nearly 58%.
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.