Analysis of Top Performing ETFs in 2024

For a 40-year-old investing £500 monthly in the S&P 500, potential returns could be substantial, given the index's historical average annual return of 12.7% over the last decade, driven largely by technology firms. In Australia, investors looking to deploy $10,000 can consider top ETFs like the Betashares Global Quality Leaders ETF, which has delivered a 27.5% return over the past year, and the BetaShares S&P/ASX Australian Technology ETF, boasting a remarkable 60% return. Fund flows, an important metric for ETF popularity, indicate that the J.P. Morgan Nasdaq Equity Premium Income ETF and the Russell 1000 Growth ETF are strong candidates based on their recent performance and investor interest. Additionally, dividend-paying ETFs have shown resilience, with the AB US High Dividend ETF achieving a total return of 26% in 2024, benefiting from a favorable interest rate environment. Amidst market volatility, value-focused ETFs like the Vanguard S&P 500 Value ETF are recommended for their stability and potential for returns through dividends and buybacks. Overall, diversification through ETFs remains a strategic approach for both growth and income-focused investors in the current market landscape.