5 Top ETFs to Trade Right Now

What is an ETF?

First things first, let’s get you clued up on this instrument type, in case you aren’t sure. Put simply, ETFs are investment funds whose shares (called units) are traded on stock exchanges.

Top ETFs to keep an eye on

Stocks had a great mid-year, but the summer fun appears to be over as the markets are down by around -14% since the beginning of the year. If you’re looking for another option, you may want to cast your eye over these 5!

#1 United States Natural Gas Fund LP (UNG)

UNG is one of 2022’s best performers, as you can see from the chart below. UNG tracks the daily price movements of natural gas futures traded on the Nymex. As European energy supplies continue to be massively disrupted by the conflict in Ukraine, natural gas has consistently moved higher.

#2 Invesco S&P 500 GARP ETF (SPGP)

GARP stands for “growth at a reasonable price.” Something we’re all looking for, right? The stocks in this ETF include companies that are growing their operations, but do not have a huge premium on shares to invest. The ETF holds about 75 S&P 500 components — which is where the S&P bit of it’s name comes in, obviously!

#3 Simplify Interest Rate Hedge (PFIX)

The Simplify fund allows investors to profit from rising interest rates by holding over-the-counter interest rate options. Some may say that it would seem like an opportune moment to be investing in something that relies on interest rates going up. PFIX has about $300 million worth of assets under management, so it has some serious weight behind it.

#4 VanEck Oil Services ETF (OIH)

If gas isn’t your bag, you should consider OIH. The VanEck fund is a list of 25 stocks in companies related to the oil exploration industry, including those specialising in oil equipment, oil services and oil-drilling companies. The ETF includes big name companies like Schlumberger Ltd. (SLB) and Halliburton Co. (HAL).

#5 Vanguard S&P 500 ETF (VOO)

As we said before, stocks are down around 14% since the beginning of 2022, and you can understand investor frustration. However, we’re glass-half-full people here at Contentworks, and know that the bear market won’t last forever! This ETF represents a long-term, low effort investment in some of the biggest companies on the planet. Some analysts are already predicting that we’ve hit the bottom, so it might be a good time to jump in at a great price.

Now, let’s hear from you!

Are you an ETF trader? What’s your pick for the remainder of 2022? We’d love to know! Tweet us at @_contentworks!

Top fundamental events this week

Here are all of the main events coming up in what looks like a pretty busy week for the markets.

Monday

● GBP — GDP 3-Month Avg (JUL); GDP YoY (JUL)

Tuesday

● AUD -Westpac Consumer Confidence Index (SEP)

Wednesday

● GBP — Core Inflation Rate YoY (AUG); Inflation Rate YoY (AUG)

Thursday

● NZD — GDP Growth Rate YoY (Q2)

Friday

● EUR — Core Inflation Rate YoY Final (AUG)

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