Top And Flop ETFs To Start 2020

Stocks across the globe witnessed a solid start to 2020, driven by the initial trade deal, easing policies and upbeat indicators, which suggest that global slowdown may have bottomed out. In particular, the U.S. stock market continued to outperform with all the three major indices reaching new highs on several occasions.

A technology surge, improving economic outlook and Q4 earnings optimism are adding to the strength. Though the Middle East tensions resulted in some volatility in the initial weeks, it has abated for now. Meanwhile, performance of the fixed income world and commodities has been mixed.

Given this, many corners of the market have seen smooth trading while a few still lag. Below, we have highlighted ETFs from the best and worst zones to start 2020.

Best Zones


Palladium continued its strong surge this year, hitting new highs, thanks to persistent supply and concerns of supply from major producers South Africa and Russia. Expectations of stricter emission laws across the globe also added to the strength. As a result, Aberdeen Standard Physical Palladium Shares ETF (PALL - Free Reporthas climbed 26.7% so far this year. The fund seeks to match the price of palladium. It owns palladium bullion in plate or ingots kept in Zurich or London under the custody of JPMorgan Chase Bank. The product has amassed $406.1 million in its asset base and trades in lower volume of about 30,000 shares a day. It charges 60 bps in annual fees and has a Zacks ETF Rank #3 (Hold) with a High risk outlook.


China’s stock market has been riding high on signs of stabilization of the economy and expectations of growth following the phase one of the trade deal. Additionally, hopes of more stimulus are offering support to the stocks. While there are number of China ETFs that are rising, Global X MSCI China Information Technology ETF (CHIK - Free Reportis leading the way higher, gaining 13.8%. This fund offers exposure to the information technology sector of China market by tracking the MSCI China Information Technology 10/50 Index. It has accumulated $6.8 million in its asset base and trades in light average daily volume of 4,000 shares. It charges 65 bps in annual fees and has a Zacks ETF Rank #3.

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