Wall Street is coming out of earnings season with more steam than before. Even though not all reports were positive, it seems that investors are unwilling to allow anything to slow down returns. With this in mind, it is no surprise that the ETF industry is booming; April alone saw the introduction of 18 new funds and not a single closing, and equities continue to shine in 2013 [see also How to Pick The Right ETF Every Time].
First Quarter Earnings Season Standouts
The chart below highlights the seven of the best performing ETFs to date, highlighting performances, volatility and expense ratio. Note that the size of each bubble is based on expense ratio [see Visual History Of The S&P 500].
- MSCI Japan Hedged Equity Fund (DBJP, A-)
- Market Vectors Indonesia Small-Cap ETF (IDXJ, C+)
- NASDAQ Clean Edge Green Energy Index Fund (QCLN, A)
- Market Vectors Biotech ETF (BBH, B)
- KBW Capital Markets Portfolio (KBWC, B-)
- SPDR S&P Transportation ETF (XTN, A)
- Dynamic Media (PBS, B)
The Bottom Line
While nearly every corner of the equities market has performed relatively well, there have been some superb individual standouts that have outperformed major indexes. East Asian ETFs DBJP and IDXJ came in at the top for year-to-date returns with over 33% each. Green energy and biotech have also been enjoying a strong year, with QCLN, BBH and a number of related funds bringing in huge returns. While the Capital Markets Portfolio KBWC logged in an impressive return, investors should note that the fund’s 200-day volatility comes in at 27%.
Disclosure: No positions at time of writing.