94.240High92.890Low1.27MVolume93.450Open92.790Pre Close118.86MTurnover0.22%Turnover Ratio--P/E (Static)569.20MShares97.21952wk High--P/B53.44BFloat Cap7.01752wk Low0.59Dividend TTM569.20MShs Float97.219Historical High0.63%Div YieldTTM1.46%Amplitude7.017Historical Low93.588Avg 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