5 Best Performing Growth ETFs in 2022

2. iShares North American Tech-Multimedia Networking ETF (NYSEARCA:IGN)

YTD Return as of December 8: -13.66%

The iShares North American Tech-Multimedia Networking ETF (NYSEARCA:IGN) employs a representative sampling technique to mirror the returns of the S&P North American Technology Multimedia Networking Index. As of December 8, the fund has lost 13.66% year to date, outperforming the Nasdaq by over 16%. The iShares North American Tech-Multimedia Networking ETF (NYSEARCA:IGN) is one of the best performing growth ETFs in 2022.

The iShares North American Tech-Multimedia Networking ETF (NYSEARCA:IGN) has an expense ratio of 0.40% and is offering a dividend yield of 0.25%. The fund has 25 holdings and a top ten holdings concentration of 67.58%.

Among the top holdings of the iShares North American Tech-Multimedia Networking ETF (NYSEARCA:IGN) we have Cisco Systems, Inc. (NASDAQ:CSCO). On November 17, Cowen analyst Paul Silverstein raised his price target on Cisco Systems, Inc. (NASDAQ:CSCO) to $61 from $60 and maintained an Outperform rating on the shares.

As of September 30, Two Sigma Advisors is the dominant stockholder in Cisco Systems, Inc. (NASDAQ:CSCO) and has a position worth $388 million.