Bullish momentum has been an undeniable force on Wall Street since the start of 2013, despite several minor pullbacks. And though Q1 endured two major political episodes–the fiscal cliff and the sequester–investors seemingly shrugged off Washington’s drama and instead focused on the overwhelmingly encouraging domestic economic data. Closing out the quarter on a high note, the Dow Jones Industrial Average logged in its best quarter in 15 years and the S&P 500 broke a six-year high to mark a new all-time record [see also How to Pick The Right ETF Every Time].
While nearly every corner of the equities market has performed relatively well, there have been some superb individual standouts that have really outperformed major indexes. In Q1, six funds managed to clock in gains of over 20%; beating out SPY‘s 10.01% year-to-date return.
The chart below highlights the six best performing ETFs of Q1, highlighting performances, volatility and dividend yield. Note that the size of each bubble is based on dividend yields [see Visual History Of The S&P 500].
- Market Vectors Indonesia Small-Cap ETF (IDXJ, C+)
- SPDR S&P Transportation ETF (XTN, A)
- Market Vectors Biotech ETF (BBH, B)
- E-TRACS Wells Fargo MLP Index (MLPW, C+)
- Consumer Staples AlphaDEX Fund (FXG, B+)
- KBW Capital Markets Portfolio (KBWC, B-)
Van Eck’s Indonesia Small-Cap ETF (IDXJ) came in as Q1′s top performer, clocking in a year-to-date return of 31.17%. As expected, the MLP ETF (MLPW) produced the highest dividend yield, which came in at an attractive 4.43%. And while, the Capital Markets Portfolio (KBWC) logged in an impressive Q1 return, investors should note that the fund’s 200-day volatility comes in at 30.27%.
Disclosure: No positions at time of writing.