Top Trending ETFs Investors Need to Know in 2024
Explore leading ETFs of 2024, including popular stocks, biotech, tech, banking, and bonds. Discover options with low fees and strong growth potential to diversify your investment portfolio effectively.
Exchange-Traded Funds (ETFs) are investment vehicles combining features of index funds and stocks. Offering low costs, tax advantages, and easy trading, ETFs are highly popular since their 1993 debut, attracting over $2 trillion in assets. With around 1,800 options across various sectors in 2015, selecting the right ETF involves considering expense ratios and tracking accuracy. Notable ETFs for 2024 include Vanguard’s S&P 500 ETF (VOO), capturing broad market gains; iShares Nasdaq Biotechnology ETF (IBB), focusing on biotech firms; and VanEck Semiconductor ETF (SMH), emphasizing tech hardware. Other options include regional banking, robotics, preferred stocks, and high-yield bonds, providing diversified investment opportunities. Noteworthy mentions from Forbes include OIH, MUB, PSI, TLT, ITA, and GDX. This list serves as a starting point for smart investing, offering a variety of ETFs tailored to different market strategies.
