What is the best performing ETF for January 2024?
For January 2024, ETFs with the best one-month returns include BKCH, GOVZ, ZROZ, BDRY, and FXJ.
| ETF | Ticker | Assets Under Management (AUM) |
|---|---|---|
| Vanguard S&P 500 ETF | (NYSEMKT:VOO) | $435.2 billion |
| Invesco QQQ Trust | (NASDAQ:QQQ) | $259.6 billion |
| Vanguard Growth ETF | (NYSEMKT:VUG) | $118.8 billion |
| iShares Core S&P Small-Cap ETF | (NYSEMKT:IJR) | $79.8 billion |
| Investment trust | Change from February | One-year return to 28 March 2024 (%) |
|---|---|---|
| City of London | Up two | 3.9 |
| India Capital Growth | Up two | 36.9 |
| F&C Investment Trust | New entry | 12.3 |
| Pershing Square Holdings | Down four | 48.5 |
| Stock | 2024 return through March 31 |
|---|---|
| Janux Therapeutics Inc. (JANX) | 250.9% |
| Trump Media & Technology Group Corp. (DJT) | 254.1% |
| Super Micro Computer Inc. (SMCI) | 255.3% |
| Viking Therapeutics Inc. (VKTX) | 340.6% |
| Symbol | Name | 5-Year Return |
|---|---|---|
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 18.74% |
| XMHQ | Invesco S&P MidCap Quality ETF | 18.64% |
| VONG | Vanguard Russell 1000 Growth ETF | 18.39% |
| PRN | Invesco Dorsey Wright Industrials Momentum ETF | 18.35% |
| Fund (ticker) | YTD performance | 5-year performance |
|---|---|---|
| Vanguard S&P 500 ETF (VOO) | 10.4 percent | 15.0 percent |
| SPDR S&P 500 ETF Trust (SPY) | 10.4 percent | 15.0 percent |
| iShares Core S&P 500 ETF (IVV) | 10.4 percent | 15.0 percent |
| Invesco QQQ Trust (QQQ) | 8.6 percent | 20.7 percent |
Vanguard Growth ETF (VUG)
This ETF tracks the CRSP U.S. Large Cap Growth Index and features an above-average earnings growth rate of 19.6% and return on equity of 33.6%, which are important metrics for growth investors.
Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD) are some of the stocks that will make you rich in 2024, besides Palantir Technologies Inc. (NYSE:PLTR).
Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.
Positive returns -- but smaller than in 2023
I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.
Which stock to buy for next 5 years?
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Rama Steel Tubes | 13.35 |
| 2. | Brightcom Group | 16.37 |
| 3. | Easy Trip Plann. | 45.39 |
| 4. | Radhika Jeweltec | 69.92 |
- BAMPSL Securities: With a current market price (CMP) of INR 9.87, BAMPSL.
- Securities have shown a 29.87% increase over the past year. ...
- Rajnish Wellness: Trading at INR 11.52, Rajnish Wellness has surged by **41.70%** in the last year, with a range of INR 7.75 to INR 20.50¹.
2024 Magnificent Seven performance doesn't resemble that of 2023. Having gained 49% in 2023 the so-called Magnificent Seven stocks, i.e. Alphabet, Amazon, Apple, Meta, Nvidia and Tesla, are greatly diverging with regards to their year-to-date share performance.
- Vanguard S&P 500 ETF (VOO)
- Schwab U.S. Small-Cap ETF (SCHA)
- Invesco QQQ Trust (QQQ)
- Vanguard High Dividend Yield Index ETF (VYM)
- Vanguard Total International Stock ETF (VXUS)
- Vanguard Total World Stock ETF (VT)
- iShares Core U.S. Aggregate Bond ETF (AGG)
| Symbol | Name | Avg Daily Share Volume (3mo) |
|---|---|---|
| SQQQ | ProShares UltraPro Short QQQ | 132,117,641 |
| SPY | SPDR S&P 500 ETF Trust | 75,430,688 |
| TQQQ | ProShares UltraPro QQQ | 72,854,672 |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | 71,756,133 |
- Global X MSCI SuperDividend EAFE ETF (EFAS): a 12-month yield of 8.38%11.
- Global X MSCI SuperDividend Emerging Markets ETF (SDEM): a 12-month yield of 12.31%12.
The reigning king
The SPDR S&P 500 ETF Trust (SPY) remains at the forefront of S&P 500 ETFs, boasting an impressive $478 billion in assets under management (AUM). Remarkably, this ETF celebrated its 31st anniversary on January 22, 2024, coinciding with the day the S&P 500 index reached its recent all-time high.
- iShares (BlackRock): $2.59 trillion.
- Vanguard: $2.36 trillion.
- SPDR (State Street): $1.22 trillion.
- Invesco: $454.78 billion.
- Charles Schwab: $320.21 billion3.
- SPDR S&P 500 ETF Trust.
- iShares Core S&P 500 ETF.
- Schwab S&P 500 Index Fund.
- Shelton NASDAQ-100 Index Direct.
- Invesco QQQ Trust ETF.
- Vanguard Russell 2000 ETF.
- Vanguard Total Stock Market ETF.
- SPDR Dow Jones Industrial Average ETF Trust.
While Vanguard stands out with its suite of funds, the brokerage is more limited when it comes to other offerings. However, it does allow investors to trade individual stocks and bonds. Conversely, Fidelity allows clients to invest in individual stocks, bonds, ETFs, options, mutual funds and more.
Should I invest in Vanguard S&P 500 ETF now?
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a top choice for most index fund investors. Even Warren Buffett recommends it above any other investment. There's a good reason for that. Its low expense ratio and tight index tracking make it a top choice for anyone looking to match the returns of the S&P 500.
| Symbol Symbol | ETF Name ETF Name | 1 Year 1 Year |
|---|---|---|
| VIG | Vanguard Dividend Appreciation ETF | 18.49% |
| VYM | Vanguard High Dividend Yield Index ETF | 16.50% |
| VYMI | Vanguard International High Dividend Yield ETF | 14.72% |
| VIGI | Vanguard International Dividend Appreciation ETF | 10.71% |
- KLA Corporation (NASDAQ:KLAC) Number of Q4 2023 Hedge Fund Shareholders: 55. ...
- General Electric Company (NYSE:GE) Number of Q4 2023 Hedge Fund Shareholders: 92. ...
- Lam Research Corporation (NASDAQ:LRCX) ...
- Eli Lilly and Company (NYSE:LLY) ...
- Netflix, Inc.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Spright Agro | 26.73 |
| 2. | Jai Balaji Inds. | 909.35 |
| 3. | SG Mart | 484.50 |
| 4. | Insolation Ener | 1502.20 |
Amazon has a conensus rating of Strong Buy which is based on 41 buy ratings, 0 hold ratings and 0 sell ratings. What is Amazon's price target? The average price target for Amazon is $209.74. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
