We’re down to our final two ETFs in our ETF Bracket Madness tournament, as the Fanatic Four battled it out last week. With so many underdogs making it through the ranks, it was anyone’s game, and this week did not disappoint. Though neither match was as close as some may have originally anticipated, a nice upset made for what will be a unique final matchup between the Penultimate Pair. Get a refresher on the rules of the challenge.
The Fanatic Four
#1 (SPY, A) handily defeated the underdog #13 (IWF, A-) by a margin of 4 to 1. SPY lost in only the 3-Year Performance category, sweeping the rest. The #1 seed skated by to the final matchup, as expected, with its second major win of the tournament, but the second matchup did not pan out as many would have guessed.
#14 (VNQ, A+) destroyed the favorite #7 (QQQ, B+). In fact, the only category in which QQQ won was simply that it had a larger asset base; otherwise VNQ made a clean sweep. With the underdog sneaking into the final it seems to be a David and Goliath-like matchup with the largest ETF in the world and #1 seed taking on #14 VNQ.
The Penultimate Pair
It has all come down to #1 SPY and #14 VNQ, as some of the most popular funds in the world have faced defeat to the aforementioned products. SPY’s appearance in the finals is not all that surprising, but seeing VNQ make an appearance certainly may have shaken up your bracket. It, in fact, would be a record performance for any #14 NCAA team to even make it to the final two teams remaining, making VNQ’s run all the more impressive.
So how is your bracket coming along; did you call the big upsets? You can download an updated bracket below. Good luck with the final game!
Read the rules for the Bracket Challenge.
Disclosure: No positions at time of writing.