7 Best ETFs to Buy Now

This weekend's contribution from U.S. News Invested is 7 more recommendations for great investments.  Enjoy your weekend.  

APRIL 4, 2024 Invested Advice, rankings and stock market news for investors.

Good morning, investors. The S&P 500 and the Nasdaq gain as Fed Chair Jerome Powell says interest rate cuts are still in play for this year. Highlights of today's newsletter include our market insights plus these new articles: 7 Best ETFs to Buy Now 6 Best Lithium Stocks and ETFs to Buy in 2024 7 Best Vanguard Funds to Buy and Hold Robert Kiyosaki's Track Record on Predicting Stock Market Crashes TODAY'S FEATURED STORY 7 Best ETFs to Buy Now The S&P 500 soared by about 10% in the first quarter of 2024, posting gains in each of the first three months of the year to fuel tremendous investor confidence. But as the old saying goes, it's a market of individual stocks, not one homogenous "stock market" that moves in lockstep. That fact has been on display with the impressive gain of over 15% for the communication services sector that includes Facebook parent Meta Platforms Inc. (ticker: META), which has surged more than 40% since Jan. 1. Many stocks in this sector and in the related information technology segment have put up significantly higher returns than the 10% gain for the broader market. On the other hand, embattled aerospace stock Boeing Inc. (BA) has plummeted about 30% despite a rosy environment for other firms. Many investors are content to just buy and hold index funds without making active or tactical trades. But as this divergence shows, sometimes it can be incredibly profitable to have bias toward one area of Wall Street versus another. The following seven ETFs are options to consider if you want to make a focused and strategic play in pursuit of outperformance. ProShares Bitcoin Strategy ETF (BITO) Expense ratio: 0.95%, or $95 annually on $10,000 invested Assets under management: $2.6 billion With "spot" bitcoin ETFs getting approval from the U.S. Securities and Exchange Commission to start the year, there has been a massive influx of capital to a group of funds that allow investors to play the cryptocurrency directly without managing a digital wallet. Click here to continue reading.   ETF ASSETS UNDER MANAGEMENT EXPENSE RATIO ProShares Bitcoin Strategy ETF (BITO) $2.6 billion 0.95% Invesco QQQ Trust (QQQ) $254 billion 0.20% Vanguard Information Technology ETF (VGT) $70 billion 0.10% VanEck Semiconductor ETF (SMH) $16.3 billion 0.35% Invesco S&P MidCap Momentum ETF (XMMO) $1.6 billion 0.34% SPDR S&P Homebuilders ETF (XHB) $1.8 billion 0.35% Invesco S&P 500 GARP ETF (SPGP) $4.6 billion 0.34%