Investing

Invesco QQQ Trust And Vanguard Growth ETF Ranked Top ETFs This Week

Last week was full of crypto crashes and the market went sideways, but the week of May 24th is starting off in the green for both. The Dow, S&P 500, and especially the Nasdaq
NDAQ
were well into the green as tech shares surged and the reopening trade appears to be back on track. Covid cases dropping to their lowest level since June in the US might be part of the equation here, as the new infections 7-day average dropped to 26,000 according to Johns Hopkins University. This is the last full trading week of the month, and it appears the Sell in May and Go Away theory is in the lead, with all major US indices currently in the red. We will see how the month ends up from here. This week’s Top Buy ETFs are here to find a diversified way to gain exposure to certain sectors of the market. Q.ai’s deep learning algorithms have identified several to look out for this week based on their fund flows over the last 90-days, 30-days, and 7-days.  

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Invesco QQQ Trust (QQQ)

The Invesco QQQ Trust
QQQ
 
is our first Top Buy this week, similar to last week. The Nasdaq is well in the green today and our AI-systems finds that QQQ is one of the better buys this week. The ETF is one of the largest with $164,136,811,474.50 AUM. It has seen mixed fund flows, with a 90-day fund flow of $1,491,273,932.00, a 30-day fund flow of -$2,038,146,322.00, and a 1-week fund flow of -$65,708,738.00. This ETF has a reasonable net expense ratio of 0.20%.

Vanguard Growth ETF (VUG)

The Vanguard Growth ETF
VUG
is our next Top Buy and is also a repeat of last week’s. This ETF aims to give investors exposure to the CRSP US Large Cap Growth Indes, which provides a convenient way to match the performance of many of the nation’s largest growth stocks. This ETF carries an AUM of $73,465,594,499.10. The ETF has also seen some strong demand in recent months, with positive fund flows with a 90-day fund flow of $1,586,455,766.62, a 30-day fund flow of $532,460,004.77, and a 1-week fund flow of $55,930,045.03. With a net expense ratio of 0.04%, this ETF is one of the cheapest out there.

iShares Russell 1000 Growth ETF (IWF)

Another growth ETF makes our Top Buy list for this week in the iShares Russell 1000 Growth ETF
IWF
. This ETF aims to give exposure to US companies with above-average growth rates of earnings compared to the overall market. The ETF runs with an AUM of $66,659,541,537.00. The ETF has seen negative fund flows, with a 90-day fund flow of -$1,015,109,520.00, a 30-day fund flow of -$380,213,585.00, and 1-week fund flow of -$38,048,570.00. The ETF also has a net expense ratio of 0.2%, on the pricier side which might explain at least part of the outflows lately.

Vanguard Information Technology ETF (VGT)

The Vanguard Information Technology ETF
VGT
is our next Top Buy ETF. Margin hunting might be the play with this ETF as info tech tends to have some of the better earnings lately. With $44,244,722,206.36 in AUM, the ETF has gained many investors over the years. Its fund flows have been positive with a 90-day fund flow of $376,319,535.44, 30-day fund flow of $337,594,200.99, and 1-week fund flow of $111,762.32. With a net expense ratio of 0.1%, it is relatively inexpensive.

Technology Select Sector SPDR Fund (XLK)

Tech is appearing valuable this week as another tech ETF makes the list in the Technology Select Sector SPDR Fund
XLK
. The ETF carries an AUM of $40,972,013,917.74. It has seen negative fund flows recently, with a 90-day fund flow of -$877,079,029.75, a 30-day fund flows of -$591,571,091.15, and a 1-week fund flow of -$107,233,557.25. The ETF has a relatively cheap net expense ratio of 0.13%.

Vanguard Total Stock Market ETF (VTI)

Our next Top Buy for our weekly ETFs is the Vanguard Total Stock Market ETF
VTI
. This is the largest ETF on our list with AUM of $234,272,783,020.77, and covers the total stock market in the US. It has seen positive fund flows lately, with a 90-day fund flow of $11,659,414,821.71, a 30-day fund flow of $2,950,027,477.19, and 1-week fund flow of $727,116,827.32. Its net expense ratio of 0.03% is extremely attractive and the cheapest on our list today as well.

iShares Core U.S. Aggregate Bond ETF (AGG)

Switching from equity ETFs to bond ETFs, the next Top Buy on our list is the iShares Core U.S. Aggregate Bond ETF. This ETF covers the total US bond market to give investors exposure to the overall fixed-income market. The ETF has an AUM of $85,805,140,912.00, and has seen positive fund flows. The ETF has a 90-day fund flow of $2,818,713,690.00, a 30-day fund flow of $1,326,617,980.00, and a 1-week fund flow of $296,678,130.00. Its net expense ratio of 0.05% is very cheap.

Vanguard Value ETF (VTV)

Another Top Buy this week in our ETFs is the Vanguard Value ETF. This ETF concentrates on tracking the CRSP US Large Cap Value Index, which measures the investment return of large-capitalization value stocks. This is an excellent ETF to play the sector passively and carries an AUM of $74,533,882,248.64, but has seen all positive fund flows recently. The ETF has a 90-day fund flow of $6,571,884,150.00, a 30-day fund flow of $3,077,660,160.15, and a 1-week fund flow of $453,101,851.63. Its net expense ratio of 0.04% is attractive for the space.

Vanguard Total Bond Market ETF (BND)

The final Top Buy ETF this week is another bond ETF in the Vanguard Total Bond Market ETF
BND
, similar to the iShares holding above. This ETF carries an AUM of $72,294,153,077.30. The ETF has also seen positive fund flows with a 90-day fund flow of $5,346,566,000.00, a 30-day fund flow of $1,975,184,000.00, and a 1-week fund flow of $305,880,000.00. The ETF also has an attractive 0.05% net expense ratio, matching the iShares holding.

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