Top ETFs of the First Quarter of 2024

The Exciting Trends in Financial Markets: Q1 2024 Insights

As we delve into the analysis of the financial markets in the first quarter of 2024, a trend of great interest emerges for investors seeking return opportunities in a constantly evolving global context.
In particular, two categories have caught the attention for their exceptional returns: stock ETFs focusing on the markets of Turkey and Vietnam.
These geographical areas have benefited from favorable economic conditions that have led to significantly higher performance compared to other asset classes.

Emerging Markets Highlighted: Turkey and Vietnam

Turkey, in particular, has continued to show remarkable resilience, with its market index recording an increase of 14.5%.
This development has been supported by a series of positive economic factors and strong international demand for its exports.
The Istanbul Stock Exchange has benefited from a steady flow of investments fueling the stock rally for the fourth consecutive year.

On the other hand, Vietnam has stood out with a 13.8% increase, mainly driven by the expansion of the technology sector.
Known for its rapid economic growth and being a significant global production hub, Vietnamese tech companies have gained ground internationally, attracting investors’ interest towards the Vietnamese stock market.

Standout ETFs in the US Markets

In the US markets landscape, ETFs focused on large-cap stocks and growth strategies have excelled, with returns of 13.2% and 12.2% respectively.
This phenomenon reflects the broad interest in companies well-positioned to capitalize on emerging technological trends and digital transformation.
The contribution of the so-called “Magnificent Seven,” a group of leading tech companies, has been crucial in influencing market dynamics.
Despite some of these companies showing contrasting performances, their overall impact on investment strategies has been undeniable, highlighting the importance of carefully selecting companies in the portfolio to maximize returns.

When examining the exceptional results of the first quarter of 2024, particular attention is drawn to the iShares Edge MSCI USA Momentum Factor ETF, a product that has excelled thanks to a momentum-based strategy.
This ETF has capitalized on the growth dynamics of US stocks, demonstrating how an accurate selection based on recent performances can lead to significant results.
The ETF, aiming to replicate the MSCI USA Momentum index, has recorded an impressive increase of 22.94%, underscoring the effectiveness of the momentum approach in a period of marked market volatility and growth.

The investment strategy of the iShares Edge MSCI USA Momentum Factor ETF focuses on stocks that have shown superior price performance in the medium term, assuming that this upward trend may continue in the near future.
This approach has allowed the ETF to benefit particularly from the positive fluctuations of the “Magnificent Seven,” tech companies that have dominated the market with their innovations and exponential growth.

The management of the iShares Edge MSCI USA Momentum Factor ETF reflects meticulous attention to the composition of the benchmark index.
With a total expense ratio (TER) of 0.20% annually, it positions itself as one of the most cost-effective ETFs in its category, offering investors efficient access to the US stock market at a low cost.

The dividend accumulation policy automatically reinvests earnings, contributing to the compounded growth of the investment value over time.
The analysis of the managed assets and structure of this ETF reveals a careful approach to diversification and risk control, managing assets of around 325 million euros and leveraging optimized physical replication.

Disclaimer: The information and considerations contained in this article should not be used as the sole basis for making investment decisions.
The reader maintains full freedom in their investment choices and full responsibility for their implementation.
The information provided is for informational purposes only and its disclosure does not constitute an offer or solicitation to the public for savings.