Rising Stars, Falling Trends: July's Industry ETF Winners And Losers
Portfolio Pulse from Piero Cingari
The article discusses the performance of various industry ETFs in July. The top performers were SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Invesco QQQ Trust (QQQ), and iShares Russell 2000 ETF (IWM). The best performing industry ETFs were in semiconductors, agriculture, oil & gas, oil services, and regional banks. The worst performers were in water resources, biotech, real estate, airlines, and solar.
July 31, 2023 | 2:59 pm
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POSITIVE IMPACT
SPDR Dow Jones Industrial Average ETF had similar monthly performance to SPY.
The ETF has been consistently performing well, indicating a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
iShares Russell 2000 ETF increased by 4.9% in July.
The ETF has been consistently performing well, indicating a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Invesco QQQ Trust outperformed by 3.8% in July.
The ETF has been consistently performing well, indicating a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SPDR S&P 500 ETF Trust returned 3.1% in July, marking its fifth consecutive month of gains.
The ETF has been consistently performing well, indicating a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100