Best non-leveraged ETFs over the past 5 years by annualized return:
đ„ $SMH +34.82% â Semiconductor dominance, no surprise
đ„ $EPU +33.55% â Peru exposure? Wild outlier
đ„ $SOXQ +30.28% â Another chip play
Top 20 loaded with:
- Semiconductors ($SMH, $SOXQ, $SOXX, $FTXL, $PSI) â AI boom rewarded early believers
- Gold miners ($GOEX, $RING, $GDXJ, $GDX) â inflation hedge paid off
- Energy ($UGA, $PXJ, $RSPG, $FENY) â oil cycle winners
- Japan hedged equity ($DXJ, $OPPJ) â yen weakness = gains
- Random EM ($GREK, $ARGT) â high beta, high reward
Pattern: Cyclical sectors, commodities, and chips crushed it. Boring diversified funds didn't make the list.
Lesson: Concentration beats diversification when you're right on the cycle. But these winners rotate â what worked 2019â2024 may not work 2024â2029.
Watch sector rotation, Fed policy, and whether semis can hold leadership or if energy/materials take over next.
đ„ $SMH +34.82% â Semiconductor dominance, no surprise
đ„ $EPU +33.55% â Peru exposure? Wild outlier
đ„ $SOXQ +30.28% â Another chip play
Top 20 loaded with:
- Semiconductors ($SMH, $SOXQ, $SOXX, $FTXL, $PSI) â AI boom rewarded early believers
- Gold miners ($GOEX, $RING, $GDXJ, $GDX) â inflation hedge paid off
- Energy ($UGA, $PXJ, $RSPG, $FENY) â oil cycle winners
- Japan hedged equity ($DXJ, $OPPJ) â yen weakness = gains
- Random EM ($GREK, $ARGT) â high beta, high reward
Pattern: Cyclical sectors, commodities, and chips crushed it. Boring diversified funds didn't make the list.
Lesson: Concentration beats diversification when you're right on the cycle. But these winners rotate â what worked 2019â2024 may not work 2024â2029.
Watch sector rotation, Fed policy, and whether semis can hold leadership or if energy/materials take over next.