Interested in ETF Funds? Exchange Traded Funds have gained a surge in popularity in the recent couple of years. Investors that decide to put their money in ETFs have a bunch of reasons that justify their decision. ETF funds combine the best features of stocks and investment funds, which means that they offer investors the possibility to diversify their portfolios by investing in a whole basket of securities. ETF funds also have tax and cost advantages as well.
Now, to respond to the market’s high demand, there are over a thousand ETF funds that track market indices, companies or commodities like gold, silver, oil, real estate, etc. So an investor might find it hard to pick the best ETFs, especially taking into account that each ETF fund have a variety of metrics that describe their activity.
However, two of the most important figures that need to be followed are the assets under management held by the ETF fund, which define the size of the fund, and the return, which show the price variation of the ETF, since it is behaving like a stock. Also, an important detail about an ETF fund is what it tracks, whether it is an index or a commodity.
In a style similar to our coverage of short ETFs, we’ll take you through some of the best performing and biggest ETF funds in 2013. ProShares Ultra Russell2000 (ETF) (NYSEARCA:UWM) is on the list; continue reading to see the best ETF funds:
No. 10 PowerShare Buyback Achievers Fund (ETF) (NYSEARCA:PKW)
Assets Under Management: $1.3 billion
Year-to-date return: 25.5%
Index the ETF fund tracks: Share BuyBack Achievers Index
No. 9 First Trust DJ Internet Index Fund (ETF) (NYSEARCA:FDN)
Assets Under Management: $1.3 billion
Year-to-date return: 26.3%
Index the ETF fund tracks: Dow Jones Internet Index
No. 8 SPDR KBW Bank (ETF) (NYSEARCA:KBE)
Assets Under Management: $2.5 billion
Year-to-date return: 26.6%
Index the ETF fund tracks: S&P Banks Select Industry Index
No. 7 First Trust Health Care AlphaDEX Fd(ETF) (NYSEARCA:FXH)
Assets Under Management: $1.0 billion
Year-to-date return: 27%
Index the ETF fund tracks: StrataQuant Health Care Index
No. 6 SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE)
Assets Under Management: $2.2 billion
Year-to-date return: 27.1%
Index the ETF fund tracks: S&P Regional Banks Select Industry Index
No. 5 ProShares Ultra S&P500 (ETF) (NYSEARCA:SSO)
Assets Under Management: $1.5 billion
Year-to-date return: 32.5%
Index the ETF fund tracks: S&P 500 Index
No. 4 ProShares Ultra MidCap400 (ETF) (NYSEARCA:MVV)
Assets Under Management: $1.4 billion
Year-to-date return: 36.7%
Index the ETF fund tracks: S&P MidCap 400 Index
No. 3 iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB)
Assets Under Management: $3.7 billion
Year-to-date return: 40.3%
Index the ETF fund tracks: NASDAQ Biotechnology Index
No. 2 ProShares Ultra Russell2000 (ETF) (NYSEARCA:UWM)
Assets Under Management: $1.4 billion
Year-to-date return: 43.3%
Index the ETF fund tracks: Russell 2000 Index
No. 1 Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)
Assets Under Management: $1.2 billion
Year-to-date return: 59.7%
Index the ETF fund tracks: Russell 1000 Financial Services Index