Six of the best US ETFs
14 Aug 17
Passive funds have enjoyed a stellar time in the US as valuations ride higher and higher. Here, IG Group’s Oliver Smith looks at the six best ETFs to access booming US markets.
6) iShares US Equity Buyback Achievers
This ETF offers something “totally different”, according to Smith.
He said it focuses on stocks which have bought back more than 5% of their share capital in the previous 12 months, therefore boosting earnings per share.
Many have shareholder activists pushing for change.
Smith said: “It is more volatile than a market cap index, but the high tracking error shows that it genuinely offers a different return profile. The TER is 0.55%.”
Tags: ETF | Investment Strategy | Passive Investing | US
