Solely 6% of U.S. listed ETFs have optimistic returns YTD

The alternate traded fund universe has had a troublesome first three quarters of 2022 when it comes to returns, following the general inventory market decrease. Now now we have knowledge from CFRA that reveals simply how dismal the efficiency has been.

Aniket Ullal, CFRA’s head of ETF Knowledge & Analytics, outlined in an investor be aware that “of the two,754 ETFs listed within the U.S. (excluding leveraged and inverse merchandise) as of the top of Q3, solely 6% (i.e., 161 ETFs) had optimistic absolute returns in 2022 12 months thus far.”

Furthermore, Ullal famous that of the 11 S&P sectors solely the vitality phase is optimistic on the 12 months. Consequently, the highest performing funds are commodity and vitality associated ETFs.

On the identical time, excessive beta, tech-driven ETF market classes had delivered among the worst 2022 returns. This contains teams like fintech, bitcoin mining and on-line retail.

ETFs have struggled from a efficiency vantagepoint, however that has not stopped buyers from pouring their money into the house. By way of the primary three quarters of the 12 months, ETFs have taken in $396B, led by the world’s third largest ETF, the Vanguard S&P 500 ETF (NYSEARCA:VOO), which has attracted $36.58B.

A number of the market’s prime ETF efficiency leaders in 2022 have been as follows: (NYSEARCA:UNL) +89.3%, (NYSEARCA:UNG) +88.1%, (NYSEARCA:GAZ) +86.1%, (PFIX) +74.1%, and (PXE) +63.7%.

From a fund move perceptive, see what alternate traded funds attracted probably the most important quantity of investor capital throughout Q3.