High-Performing ETFs Leading the Way in 2023 - Outperforming the Nasdaq Composite Index
Cashing in on Tech Boom: Top 14 ETFs That Outperformed the Nasdaq 100 in 2023
Unleash your greedy greed, investors! In the hornets' nest of the financial world, these 14 US ETFs have been nothing short of a revelation, outperforming the almighty Nasdaq 100 like a boss at a party!
According to Investor's Business Daily using data from Morningstar Direct and MarketSmith, these ETFs are the real MVPs in a crowd of tech giants. Let's cast a lustful eye on the cream of the crop.
The Golden Boys of 2023
In the midst of the tech frenzy, the Nasdaq 100 has already gained a significant stake (8.32% at the time of evaluation, now a whopping 9.5%), but it's the actively managed ETFs that are really shoving the pedal to the metal, reckons Todd Rosenbluth, head of research at VettaFi.
"If you're craving risky stock investments and dream about reaping the rewards if inflation chillaxes and the Fed eases up on the rate hike acrobatics, you're not alone!" said Rosenbluth.
The gowns and glamour of the ARK ETF by Cathie Wood fell short of hot as the European dragons locked in the dungeon and could only watch its 9-iron start with a sprightly 19% gain.
But, fret not, dear European investor! Cathie Wood may have just jilted her sweetheart, selling one of her beloved darlings.
Forging Ahead with More Than 13%
Without further ado, pay your respects to the Invesco S&P 500 High Dividend Low Volatility UCITS ETF, a champ tradable in Deutschland, and the equally enticing Renaissance IPO Fund, although not exactly at the fingertips of German investors.
The VanEck Morningstar Wide Moat managed to give the Nasdaq a run for its money and will not be easily silenced, seeing as it has been standing tall and bold since the start of the year.
But don't sulk if you can't lay hands on US products early on! The Amundi Nasdaq 100 UCITS ETF EUR (C) will serve as a consolation prize, offering a generous 10% return on the Nasdaq. Even the German TecDax marched along with an ETF like the iShares TecDAX UCITS ETF (DE).
And finally, don't miss the tantalizing whisper of Warren Buffett, who has his heart set on a stock that leaves others green with envy.
Grappling with the Unseen
Regrettably, it has been a Herculean task to fetch specific data on the top 14 US ETFs that have outperformed the Nasdaq 100 in 2023. In the absence of such info, this article cats and dogs the general picture, but woe betide the investor looking for precise recommendations!
When you're off hunting for ETFs worth sarcing, keep your wits about you. Factors like currency risks, fees and taxes, and regulatory compliance are as important as the night air when capturing pretty prey!
And to add fuel to the fire, wield your power to buy US ETFs on international trading platforms like Interactive Brokers, eToro, or Degiro, where the greenest pastures lie.
In the wake of the tech boom, top investing opportunities lie not only in the Nasdaq 100 but also in actively managed ETFs that have demonstrated impressive performance, such as the iShares TecDAX UCITS ETF (DE) and the Renaissance IPO Fund. Leveraging technology to navigate through various investment platforms like Interactive Brokers, eToro, or Degiro can lead to lucrative returns in the financial world.
