World's Leading Exchange-Traded Funds: A Ranking
In the dynamic world of investing, finding the right Exchange-Traded Funds (ETFs) can be a daunting task. However, a financial portal named TipRanks has developed an ETF screening tool that simplifies the process, helping investors identify some of the best ETFs globally.
Three of the standout ETFs identified by TipRanks are the Invesco Nasdaq Biotech UCITS ETF, the VanEck Gold Miners UCITS ETF, and the VanEck Semiconductor UCITS ETF. These ETFs, all tradable in Germany, offer attractive investment opportunities in their respective sectors.
The Invesco Nasdaq Biotech UCITS ETF focuses on companies in the biotechnology industry. Over the past year, it has shown impressive growth, up over 20%, and over five years, it's up an impressive 35%. The Smart Score for this ETF is eight, indicating a strong potential for performance. An average price target of $32 offers over 45% upside, according to TipRanks.
The VanEck Gold Miners UCITS ETF tracks the NYSE Arca Gold Miners Index and has an annual Total Expense Ratio (TER) of 0.53%. Over the past year, it has seen a significant increase of 30%, and over six years, it's up 45%. The Smart Score for this ETF is also eight, suggesting a promising outlook. An average price target of $47 offers around 30% upside.
The VanEck Semiconductor UCITS ETF provides access to semiconductor companies worldwide. Launched in December 2020, this ETF has already demonstrated impressive growth. Over the past year, it has gained over 37%, and over three years, it's up over 50%. The Smart Score for the VanEck Semiconductor UCITS ETF is eight, and an average price target of $303 offers upside potential of around 26%.
TipRanks' Smart Score is a multi-factor score that evaluates ETFs based on eight different criteria, including technical analysis, analyst ratings, insider transactions, opinions of financial bloggers, activities of hedge fund managers, investor sentiment, news, and fundamental factors. The score ranges from "Underperform" (scores 1-3) to "Neutral" (scores 4-7) to "Outperform" (scores 8-10).
ETFs are often an affordable investment option, as they passively track an index and have lower fees than actively managed funds. The vast ETF universe can make choosing the best candidates challenging, but tools like TipRanks' screening tool can help simplify the process.
[1] TipRanks. (n.d.). Smart Score. Retrieved from https://www.tipranks.com/tools/smart-score/ [2] TipRanks. (n.d.). ETF Screener. Retrieved from https://www.tipranks.com/tools/etf-screener/ [3] TipRanks. (n.d.). VanEck Gold Miners UCITS ETF. Retrieved from https://www.tipranks.com/etf/VanEck-Gold-Miners-UCITS-ETF [4] TipRanks. (n.d.). Invesco Nasdaq Biotech UCITS ETF. Retrieved from https://www.tipranks.com/etf/Invesco-Nasdaq-Biotech-UCITS-ETF [5] TipRanks. (n.d.). VanEck Semiconductor UCITS ETF. Retrieved from https://www.tipranks.com/etf/VanEck-Semiconductor-UCITS-ETF
Investing in technology sector through the VanEck Semiconductor UCITS ETF could provide significant growth opportunities, as it has shown impressive gains of over 37% in the past year and has a promising Smart Score of eight. The financial portal TipRanks, known for its ETF screening tool, offers similar investing prospects in the biotechnology and gold mining industries through the Invesco Nasdaq Biotech UCITS ETF and the VanEck Gold Miners UCITS ETF, respectively. These ETFs also exhibit strong potential for performance, with Smart Scores of eight and attractive upside according to TipRanks' calculations. These ETFs, all tradable in Germany, demonstrate the value of utilizing technology in finance for enhancing investment strategies.
