This year may have started off on shaky footing as our nation tiptoed near the fiscal cliff, but when we look in the rear view mirror its undeniable that the bulls prevailed from the beginning through the finals trading days of 2013. While a number of asset classes posted dismal returns, namely precious metals and volatility, a number of others managed to post stellar gains, even topping the S&P 500′s impressive +28% return for the year [see The Worst Performing ETFs of 2013].
Improving growth prospects at home and signs of recovery overseas prompted many to scale back on defensive holdings and increase their risk appetites. As investors’ confidence grew so too did the demand for growth-sensitive securities. As such, ETFs focused on the cyclical alternative energy sector led the way higher trailed closely by those offering inverse exposure to volatility as well those targeting the biotech corner of the healthcare market [see ETFdb's Top Stories of 2013].
Below, we display the 15 best performing ETFs of this year; please note this list excludes leveraged funds and returns are as of 12/27/2013:
2013's Best Performing ETFs Solar ETF (TAN) 122.70% Daily Inverse VIX Short0Term ETN (XIV) 110.67% Short VIX Short-Term Futures ETF (SVXY) 109.29% Market Vectors Solar Energy ETF (KWT) 98.16% NASDAQ Clean Edge Green Energy Index Fun (QCLN) 92.12% Market Vectors Global Alternative Energy ETF (GEX) 69.70% Market Vectors Biotech ETF (BBH) 64.95% Nasdaq Biotechnology (IBB) 64.71% U.S. Broker-Dealers ETF (IAI) 64.70% Nasdaq Internet Portfolio (PNQI) 64.28% ISE Global Wind Energy Index Fund (FAN) 63.33% Social Media Index ETF (SOCL) 63.21% Dynamic Biotech & Genome (PBE) 62.78% Daily Inverse VIX Medium-Term ETN (ZIV) 62.73% SPDR S&P Aerospace & Defense ETF (XAR) 59.67%
- No Related Posts
Follow me on Twitter @SBojinov
[For more ETF analysis, make sure to sign up for our free ETF newsletter]
Disclosure: No positions at time of writing.