103.950High102.230Low1.78MVolume103.010Open102.760Pre Close184.12MTurnover0.31%Turnover Ratio--P/E (Static)575.65MShares105.50652wk High--P/B59.78BFloat Cap72.35452wk Low0.44Dividend TTM575.65MShs Float105.506Historical High0.42%Div YieldTTM1.67%Amplitude6.998Historical Low103.430Avg Price1Lot Size
S&P 500 growth ETFs hit record highs on Wednesday and are outperforming the benchmark SPDR S&P 500 Trust ETF (NYSEARCA:SPY) year to date.
The Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG), SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) and iShares S&P 500 Growth ETF (NYSEARCA:IVW) all recorded intraday highs on Wednesday's session.
All three have also outdone SPY’s +25.5% YTD performance. VOOG is +30%, SPYG is +29.9% and IVW is +29.8%.
S&P 500 Growth ETFs are made up of stocks that display the strongest growth characteristics based on: sales growth, P/E ratios, and momentum.
Moreover, the funds have very similar trading performances because they're essentially the same fund offered by different issuers.
From a performance standpoint, all three have not only outperformed SPY on a YTD stance, but have also outdone SPY in every timeframe from one-month to 10-year performance.
Composition of companies looks inviting and balanced.
No comment yet