Investing.com | Sep 01, 2021 17:42
In August, US equity markets performed strongly, and the second half of the month brought new highs to the Dow Jones Industrial Average, the S&P 500 as well as the tech-heavy NASDAQ 100 index.
Today we review exchange-traded funds (ETFs) that were clear winners in August. Understandably, our list is not comprehensive and does not include leveraged and inverse ETFs.
A number of these funds could inspire readers to put together long-term diversified portfolios within their risk/return parameters. We've covered a large number of these funds previously, and we plan to discuss others in the future.
h2 3 ETFs Following The 3 Major US Indices/h2Before we move on to best performers, let's take a look at funds that give exposure to the three most-followed US indices—the Dow Jones, S&P and NASDAQ. These three ETFs, which act as proxies for those major indices, deserve our attention:
SPDR® Dow Jones Industrial Average ETF Trust (NYSE:DIA), which tracks the Dow Jones Industrial Average: up 1.4% in August (covered here).
SPDR® S&P 500 (NYSE:SPY), which tracks the S&P 500 index: up 2.5% in August (covered here).
Invesco QQQ Trust (NASDAQ:QQQ), which tracks the NASDAQ 100 index: up 2.7% in August (covered here).
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