7 Best Actively Managed ETFs

To kick off May, here are the latest recommendations on the best ETFs.  Enjoy this beautiful weekend.  

MAY 5, 2023 Invested Advice, rankings and stock market news for investors.

Happy Friday, investors! Regional bank stocks take an alarming dive, pulling down the major indexes. Highlights of today's newsletter include our market insights plus these new articles: 7 Best Actively Managed ETFs 7 Best Vanguard Bond Funds to Buy 7 Space Stocks and ETFs to Watch Bitcoin vs. Ethereum: Which Is the Better Buy? 7 Clever Stock Ticker Symbols, From LUV to HOG TODAY'S FEATURED STORY 7 Best Actively Managed ETFs There's a lot to be said for long-term investing in low-cost index funds. A lot of research shows it's incredibly difficult to time the market's ups and downs or properly identify which companies or which sectors will be in favor. However, actively managed exchange-traded funds, or ETFs, should not be overlooked entirely. There are times when being tactical can indeed pay off. The following seven actively managed ETFs are among the largest out there, each with more than $5 billion in assets under management. They also each represent a distinct way of playing the stock market that may be a bit more tactical and precise than what you may get out of a plain vanilla index ETF: Best active ETF for income: JPMorgan Equity Premium Income ETF (ticker: JEPI). This massive $25 billion fund is perhaps the largest actively managed ETF on Wall Street, depending on your definition. It seeks to provide consistent and significant income via dividend stocks, along with lower relative volatility. The result is a massive yield of 9.8% right now, built on a selective list of about 110 stocks including confectioner Hershey Co. (HSY), big pharma mainstay AbbVie Inc. (ABBV) and other income-oriented companies. Best active ETF for growth: Ark Innovation ETF (ARKK). Led by manager Cathie Wood, a name that has become synonymous with innovation and growth potential, the ARKK fund is designed to capitalize on most disruptive and high-potential stocks out there right now. Currently, the list of holdings includes EV manufacturer Tesla Inc. (TSLA), streaming video giant Roku Inc. (ROKU) and mobile payments firm Block Inc. (SQ), among others. With a return of growth-oriented trades in 2023, we could see a resurgence for ARKK, too. Click here to continue reading. ACTIVELY MANAGED ETF YTD RETURN AS OF MAY 3 JPMorgan Equity Premium Income ETF (ticker: JEPI) 3% ARK Innovation ETF (ARKK) 15% Pimco Enhanced Short Maturity Active ETF (MINT) 1.9% First Trust Preferred Securities and Income ETF (FPE) -4.4% Dimensional US Core Equity 2 ETF (DFAC) 3.7% Dimensional World ex U.S. Core Equity 2 ETF (DFAX) 7.6% Avantis U.S. Small Cap Value ETF (AVUV) -4.4%