This ETF's Already Up Almost 30% in 2020
The stock market was kind to investors in 2019, with the Dow Jones Industrials rising 22% and the broader-based S&P 500 coming in with a 29% rise even before adding in dividends. You won't see those kinds of returns every year, and 2019 was among the best performances for major market benchmarks in the past 20 years.
When you consider how rare a feat it is for the market to rise almost 30% in a single year, it's all the more notable when an investment manages to achieve the same result in just three weeks. Yet that's what one ETF has already managed to do, and the interesting thing is that this fund has produced these amazing returns without using leverage or any other return-boosting gimmicks. Below, we'll name this ETF and look at whether it can continue its strong run.
Image source: Getty Images.
Source Fool.com