The Top Performing ETFs of 2022: A Review
Introduction
The stock market has been on a rollercoaster ride in 2022, with some sectors outperforming others. In this blog post, we'll take a look at the best performing ETFs of 2022, as well as some of the factors that have contributed to their success.
The Best Performing ETFs of 2022
The best performing ETFs of 2022 are primarily in the energy sector. This is due in large part to the rising price of oil and gas, which has boosted the earnings of energy companies. Some of the top performing energy ETFs include the Energy Select Sector SPDR Fund (XLE) and the Vanguard Energy ETF (VDE).
One outlier fund that has also performed well in 2022 is the iShares MSCI Turkey ETF (TUR). This fund tracks stocks in Turkey, which has been one of the few bright spots in the global economy this year. The Turkish lira has strengthened against the US dollar, and the country's economy is expected to grow by 5% in 2022.
Factors Contributing to Success
There are a number of factors that have contributed to the success of the best performing ETFs of 2022. These include:
- The rising price of oil and gas
- The strength of the Turkish lira
- The expected growth of the Turkish economy
Conclusion
The best performing ETFs of 2022 have been a bright spot in an otherwise challenging year for the stock market. These ETFs have benefited from a number of factors, including the rising price of oil and gas, the strength of the Turkish lira, and the expected growth of the Turkish economy. If you're looking for ways to invest in these trends, consider adding some of these ETFs to your portfolio.
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