Investors have enjoyed bull market returns in 2017 with the S&P 500 gaining 15.59% year to date and the Dow Jones Industrial Average gaining 19.10%. After a bit of a rollercoaster for Wall Street in 2016, stocks appear to be stabilizing and showing further signs of upside ahead. A more steady outlook in Europe following Brexit and positive projections for growth given President Donald Trump’s political agenda are factors expected to fuel continued gains. (See also: New York May Be Brexit’s Big Winner.)
This type of market offers numerous opportunities as investors more closely consider equities for generating additional return. Many market watchers think sector investing is the most promising place to park your cash, especially with rolled back regulations and a renewed focus on energy from the presidential administration. (See also: The Pitfalls of Financial Regulation.)
With many of the market’s current themes and trends offering targeted investment opportunities in specific sectors, exchange-traded funds may be the way to go. Below we highlight four promising sector ETFs that have been building momentum in 2017 and could be poised for continued gains.
Note: Funds were chosen on the basis of sector opportunity, track record, performance and assets under management. All performance figures are one-year total returns as of November 3, 2017 unless otherwise noted.
Issuer: State Street Global Advisors
Assets Under Management: $29.6 billion
One-Year Performance: 39.21%
Expense Ratio: 0.14%
With Dodd-Frank in the incoming…