April proved that history usually repeats itself and was overall a solid month for stocks. However, May comes in with more questions than answers. The month kicked off with substantial gains. But then we saw the worst tech sell-off since March. Now, on the 3rd trading day of the month, we have tech stocks sharply recovering and leading the way. If you thought the tug of war between optimism and pessimism would end in 2021, unfortunately, you were sorely mistaken. There is a genuine possibility that we could be at a market top. Couple that with inflation fears and the potential for more tax hikes, and there are many macro-level things to be concerned about. It’s easy to be excited about the economy reopening this summer, but it’s important to hedge your bets. A great way to do that is through ETFs. We’ve built a list of ETFs rated as Top Buys for this week. Hopefully, some of these picks can help you diversify your portfolio and potentially mitigate risks. Q.ai’s deep learning algorithms have identified several ETFs 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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ARK Fintech Innovation ETF (ARKF)
The ARK Fintech Innovation ETF
SPDR S&P Retail ETF (XRT)
The SPDR S&P Retail ETF
iShares Russell 2000 ETF (IWM)
The iShares Russell 2000 ETF
iShares US Real Estate ETF (IYR)
The iShares US Real Estate ETF is our next Top Buy ETF this week. This ETF aims to give investors exposure to U.S. real estate companies and REITs, and is a very good option to diversify portfolios and gain direct access to the real estate sector- especially with inflation on the horizon. The ETF is smaller-sized with $3,519,650,193.50 AUM, and has seen primarily positive yet mixed fund flows. The ETF has a 90-day fund flow of $1,792,757,590.00, a 30-day fund flow of $1,221,881,240.00, and a 1-week fund flow of -$193,038,260.00. Its net expense ratio of 0.44%, however, is quite expensive.
Vanguard Small-Cap ETF (VB)
The next Top Buy ETF is another ETF with strong exposure to small-cap stocks: the Vanguard Small-Cap ETF
iShares PHLX Semiconductor ETF (SOXX)
The next Top Buy ETF for this week is the iShares PHLX Semiconductor ETF
iShares Silver Trust (SLV)
The iShares Silver Trust
iShares Russell 2000 Value ETF (IWN)
The next Top Buy ETF is the iShares Russell 2000 Value ETF
ARK Next Generation Internet ETF (ARKW)
The ARK Next Generation Internet ETF
Energy Select Sector SPDR Fund (XLE)
The Energy Select Sector SPDR Fund
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