ETFs That Could Continue To Do Well in July
Despite daily volatility in broader markets, a large number of US equities had another strong month in June. For instance, (NYSE:SPY) which tracks the up 1.4% in June. Similarly, (NASDAQ:QQQ) that tracks the 6.2% in June.
However, the (NYSE:DIA) that tracks the down 1.6% in June. Today's article introduces a number of exchange-traded funds (ETFs) that had robust returns last month. It also highlights several that did not have a good month.
Winners tend to momentum for several weeks if not months. Therefore, a number of the winner funds of June are likely to do well in July, too. And those that did not fare well last month could begin to stabilize, offering better entry points for buy-and-hold investors.
We hope that these names would encourage readers to put together a diversified portfolio for the long-run. In the coming weeks, we''l cover a number of theses ETFs in detail.
Readers will note that a wide range of sectors showed strength and leadership in the month. They include:
(NYSE:): up 13.1%;
(NYSE:FCG): up 12.2%;
(NYSE:): up 7.7% in;