The best way to sum up 2017, thus far, is to describe it as the year of low volatility, bitcoins and mega cap tech. If you’ve been playing this market from the ETF universe, you’re doing very well in some of the larger and more popular ones.
Here are the top performers, ytd.
GBTC (bitcoins): +89%
XIV (inverse VIX) +71%
SVXY (inverse VIX) +70%
INDL (India) +64%
TQQQ (leveraged Nasdaq) +57%
EDC (leveraged emerging markets) +52%
LABU (leveraged biotech) +47%
DRIP (inverse leveraged oil exploration) +41%