The stock market tacked on 26% across all of last year, and as the S&P 500 has tacked on 13.2% from January through late July, it appears Wall Street could rival those gains again in 2024.
Thanks to this sustained optimism, “risk-on” stocks have been at the top of the heap in the current bull market environment. These investments tend to have higher risk and feature greater volatility, but they also can deliver outsized gains when the environment is in their favor.
Past performance is no guarantee of future returns, of course, but so far these higher-risk strategies have resulted in gains significantly better than the broader stock market this year. The following list of the best-performing ETFs of 2024 all have delivered gains at least double that of the broader S&P 500, and represent what’s working on Wall Street now.
This post originally appeared at U.S. News & World Report.