Financial News

This Week's Top Performing ETFs: 10/18/2020

By: ETFdb
These were last week’s top performing ETFs. We’ve excluded funds which use leverage or make inverse bets on their underlying assets. This past week saw a diverse mix of funds top our total return charts; from commodities to single countries to a Chinese sector fund. Notable were a pair of funds launched by Pacer in 2016: the Principal Shareholder Yield Index ETF ( PY ) and the Principal Price Setters Index ETF ( PSET ). Both funds primarily track US large cap stocks, though PY allocates half to the midcap space, with a smart beta twist. Another smart beta fund that made the list this week was the IBD Breakout Opportunities ETF ( BOUT ). BOUT is a global all-cap equity fund that seeks to identify “breakout stocks” that should soon experience periods of sustained price growth beyond recent resistance levels. All three smart beta funds are small with $25 million or less in assets, but their unique spins may be something to consider during this year’s volatile market.
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