I say “approximately” because it doesn’t reveal its holdings in real-time to ensure that investors aren’t able to copy its investment strategy.įidelity launched this nontransparent fund with two others - Fidelity Blue Chip Value ETF (BATS: FBCV) and Fidelity New Millennium ETF (BATS: FMIL) - to leverage its strength in active management. Launched in June 2020, the actively managed ETF has approximately 158 holdings. It’s up 21.3% YTD, nearly three times the S&P 500’s return.Īccording to the ETF’s fact sheet, the fund invests in mid-cap and large-cap companies that are “well-known, well-established and well-capitalized” and have above-average potential for growth. Long term, it’s a win, especially if you buy whenever it falls below $50.įidelity Blue-Chip Growth Fund (BATS: FBCG) has a nice ring, combining blue-chip companies with above-average growth. The holdings in ITB are going to be partly responsible for solving this problem. There’s no question that it’s a rough-and-tumble industry. Owning a basket of stocks via an ETF helps eliminate some of the company-specific risks and volatility, but not all. Up 213% since then, it’s had a wild ride. In March 2014, I recommended its stock, and I’ve been doing so from time to time ever since.

They have a combined weight of nearly 37% of the portfolio. Horton (NYSE: DHI), Lennar (NYSE: LEN), and NVR (NYSE: NVR). ITB got its start in April 2006 and is the largest of the U.S.-listed homebuilder ETFs, with $1.8 billion in net assets.įairly concentrated with 48 holdings, the top 10 account for nearly 65% of the fund’s net assets. A passively managed index fund, it tracks the performance of the Dow Jones U.S. stocks involved in the home construction sector. Home Construction ETF (BATS: ITB) is up 23.9% YTD.Īs its name suggests, ITB invests in a collection of U.S. Home construction stocks got hammered in 2022, so it’s only appropriate that the iShares U.S.

Reading between the lines, here are the three best ETFs to buy for the long haul. I’m more interested in top-performing ETFs with hundreds of millions of dollars or more in assets.Ī quick look at Finviz’s performance statistics for ETFs in 2023 shows that most of the big performers are ETFs like WGMI, leveraged funds, or in some way different from your plain vanilla S&P 500 index fund. The problem is the ETF has less than $7 million in net assets. Two months later, WGMI is up 129% for the year. As a result, it makes it difficult for me to find hot ETFs to buy that aren’t in some way related to digital assets, which have been hotter than a pistol in 2023.įor example, the top-performing ETF in 2023 through March 1 was the Valkyrie Bitcoin Miners ETF (NASDAQ: WGMI). Despite supporting the blockchain, I’ve never gotten comfortable with digital currencies.

Ishare semiconductor etf