Monday Dec 9 2024 08:15
5 min
What are the top 10 ETFs, VanEck Crypto & Blockchain Innovators and Global X Blockchain were among the best-performing ETFs in November 2024.
Exchange-traded funds (ETFs) are cost-effective investment vehicles that enable investors to track popular indices or leverage the expertise of seasoned managers to outperform the market. The best-performing ETFs act as essential components of a diversified portfolio, and unlike open-end mutual funds, they are traded throughout the day on exchanges. By trading ETFs, investors can effectively build and manage their portfolios with greater ease and efficiency.
In November 2024, leading the pack were equity technology funds, including the VanEck Crypto & Blockchain Innovators (DAPP) and Global X Blockchain (BKCH).
1. VanEck Crypto & Blockchain Innovators UCITS ETF (DAPP)
2. Global X Blockchain UCITS ETF (BKCH)
3. WisdomTree Blockchain UCITS ETF (WBLK)
4. iShares Blockchain Technology UCITS ETF (BLKC)
5. VanEck Space Innovators UCITS ETF (JEDI)
6. Invesco CoinShares Global Blockchain UCITS ETF (BCHN)
7. WisdomTree Cloud Computing UCITS ETF (WCLD)
8. Invesco KBW NASDAQ Fintech UCITS ETF (FTEK)
9. First Trust Cloud Computing UCITS ETF (SKYU)
10. iShares S&P US Banks ETF (BNKS)
VanEck Crypto & Blockchain Innovators UCITS ETF
Expense Ratio: 0.65%
Category: Equity Technology
The £253 million VanEck Crypto & Blockchain Innovators was the top-performing ETF in November, with a return of 42.09%. This passively managed ETF outperformed the 5.63% average gain in technology category. Over the past year, it has returned 170.98%, significantly exceeding the 28.17% average for its category, placing it in the 1st percentile.
Global X Blockchain UCITS ETF
Expense Ratio: 0.50%
Category: Equity Technology
The £23 million Global X Blockchain ETF was the second-best performer, returning 41.85%. It also outperformed the average equity technology fund's 5.63% gain. Over the last 12 months, it has returned 133.84%, placing it in the 2nd percentile.
WisdomTree Blockchain UCITS ETF
Expense Ratio: 0.45%
Category: Equity Technology
Ranking third, the £20 million WisdomTree Blockchain ETF achieved a 39.08% return in November, exceeding the average return in its category. Over the past year, it has returned 137.00%, placing it in the 2nd percentile.
iShares Blockchain Technology UCITS ETF
Expense Ratio: 0.49%
Category: Equity Technology
With a return of 38.86%, the £70 million iShares Blockchain Technology ranked fourth in November. Over the past year, it has gained 115.48%, placing it in the 2nd percentile.
VanEck Space Innovators UCITS ETF
Expense Ratio: 0.55%
Category: Equity Industrial Materials
The £25 million VanEck Space Innovators ETF was fifth, returning 28.61% in November. Over the last year, it rose 59.28%, placing it in the 1st percentile.
HSBC NASDAQ Global Semiconductor UCITS ETF
Expense Ratio: 0.65%
Category: Equity Technology
The £587 million Invesco CoinShares Global Blockchain ETF was sixth, with a 23.70% return in November. Over the past year, it has returned 66.73%, placing it in the 5th percentile.
WisdomTree Cloud Computing UCITS ETF
Expense Ratio: 0.40%
Category: Equity Technology
The £260 million WisdomTree Cloud Computing ETF returned 20.29% in November, but underperformed over the past year with a return of 25.38%, placing it in the 55th percentile.
Invesco KBW NASDAQ Fintech UCITS ETF
Expense Ratio: 0.49%
Category: Equity Technology
The £59 million Invesco KBW NASDAQ Fintech ETF ranked eighth with a return of 19.79%. Over the past year, it has returned 62.80%, placing it in the 6th percentile.
First Trust Cloud Computing UCITS ETF
Expense Ratio: 0.60%
Category: Equity Technology
With a gain of 17.27%, the £347 million First Trust Cloud Computing ETF ranked ninth. Over the past year, it has returned 48.30%, placing it in the 8th percentile.
iShares S&P US Banks ETF
Expense Ratio: 0.35%
Category: Equity Financial Services
The £497 million iShares S&P US Banks ETF was the tenth-best performer in November, gaining 15.43%. It has risen 59.16% over the past year, placing it in the 3rd percentile.
When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.