Crypto ETFs take the Lead in 2024

The Ninja Smart Double Stack XL 2-Basket Air Fryer may have been on the top of your shopping list this Black Friday, November 29, 2024.  Let’s turn our attention to potential stocking stuffers that have the potential to grow your investment account overtime.  Keep in mind that past results are not an indication of future performance. 

Watch for potential sector rotation

No single sector stays on top forever.  According to statista.com the top performing sectors in recent history were technology in 2023 (57.8%), energy in 2022 (65.7%) and 2021 (54.6%) and technology again in 2020 (43.9%).  To be fair Cryptocurrency is not included in the sectors currently tracked by statista.com.  Near the end of November top 6 (six) and the trailing 6 (six) ETFs sectors are as follows:

Top 6 Sectors as of November 28, 2024

Trailing 6 Sectors as of November 28, 2024

Disclosure: At the time of publication the author is a holder of XLE and XLU.

By: Gregory S. Davis