5 ETFs Under $20 Set To Outperform

This fund provides exposure to the U.S. small-cap segment of the energy sector by tracking the S&P Small Cap 600 Capped Energy Index. It holds 33 stocks in its basket with AUM of $187.9 million. The fund trades in an average daily volume of 738,000 shares and charges 29 bps in fees per year. It has a Zacks ETF Rank #3 (Hold) with a High risk outlook.

SoFi Select 500 ETF (SFY - Free Report- Last Closing Price: $15.42

With millions of Americans fully vaccinated and pandemic restrictions being rolled back, the S&P 500 is hovering around its record high on a swift economic rebound. Huge infrastructure spending as well as massive fiscal and monetary stimulus is also instilling strong confidence in the economy, paving the way for a continued rally in the stocks.

This ETF offers exposure to the 500 largest U.S. companies as measured by market capitalization and uses a composite growth score to adjust companies’ weightings. It follows the Solactive SoFi US 500 Growth Index with an expense ratio of zero. Technology and consumer non-cyclical sectors take the largest share at 22.9% and 22.8%, respectively, while financials and communications round off the next two spots with a double-digit exposure each. The fund has amassed $239.6 million in its asset base while trades in an average daily volume of 91,000 shares.

Global X Cannabis ETF (POTX - Free Report– Last Closing Price: $15.53

Cannabis stocks are poised for gains on a wave of wider legalization as well as the growing adoption of marijuana in more states. The Biden government has the friendliest political environment for the cannabis industries in U.S. history, as it will expedite the legalization of marijuana at the federal level. Additionally, the deal activities and robust earnings have strengthened the bullish case for the marijuana stocks.

POTX seeks to invest in companies across the cannabis industry and tracks the Cannabis Index. It holds 25 stocks in its basket, with Canadian firms accounting for 88% of assets while the United States and Australia take 9.3% and 2.6% share, respectively. The product has accumulated $208.4 million in its asset base and trades in an average daily volume of 275,000 shares. Expense ratio comes in at 0.51%.

View single page >> |

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
James Goldstein 1 month ago Member's comment

From the 5 ETF only one is green today. $PSCE.

Frank J. Williams 1 month ago Member's comment

I've already made good money off $POTX on that last run up back in January!