Analysts expect two of the three ETFs to rise by double-digits once again over the next 12 months.
Only three ETFs worldwide have produced double-digit annual returns over the past five years, CNBC Pro research has found. Two U.S.-listed ETFs — the SPDR S & P Metals & Mining ETF and VanEck Steel ETF — and the Japan-listed NEXT NOTES Japan Equity High Beta Select 30 ETF have each risen more than 10% every year since 2019.
CNBC Pro screened 8,300 equity ETFs worldwide using FactSet data to identify the funds. SPDR S & P Metals & Mining ETF The SPDR S & P Metals & Mining ETF gives investors broad exposure to the metals and mining segment. It's invested in 32 stocks of companies that mine aluminum, coal, copper, gold, silver, precious metals, and minerals. Nearly half the $2.1 billion fund is also invested in companies that process steel. The ETF also outperformed the S & P 500 index in two of the past five years and returned 154% in total cumulative returns over the period, exceeding the S & P 500's 128% cumulative returns. The weighted average of analyst price targets of shares in the ETF points to over 17% upside potential over the next 12 months, according to FactSet. XME .SPX 5Y line VanEck Steel ETF Unlike the more diversified SPDR fund, the VanEck Steel ETF is more concentrated, with 27 stocks focused on companies soley in the steel sector. The VanEck fund has outperformed the S & P 500 in four of the past five years. It's also outperformed with a cumulative total return of 148% over the period. However, the ETF is currently negative year-to-date. Over the next 12 months, the weighted average of analyst price targets of shares in the ETF point to over 18% update potential. NEXT NOTES Japan Equity High Beta Select 30 The NEXT NOTES Japan Equity High Beta Select 30 ETF is a smart beta ETF. These types of funds seek to bring together elements of passive index investing and active management by using strict rules to identify which stocks to include in a fund. This ETF tracks the Nomura Japan Equity High Beta Select 30 index. The index includes the most liquid and large-cap stocks in Japan with high beta in stock price performance, foreign exchange impact, and momentum. High beta stocks react with more volatility than the rest of the market.Apple just unveiled a $110 billion buyback plan. Here's why that doesn't make the stock a sure winnerMorgan Stanley says India is having its longest and best bull market ever. Here's an ETF to play it
Vaneck Steel ETF Next Notes Japan Equity High Beta Select 30 Net Total Return Exchange-Traded Funds Japan Factset Research Systems Inc S&P 500 Index Business News
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