Best ETF for Growth Stocks #3 - Guggenheim S&P MidCap 400 Pure Growth
The best ETF for growth stocks when it comes to performance, though, is the Guggenheim S&P MidCap 400 Pure Growth ETF (RFG). It boasts the best five-year performance record of any ETF with assets greater than $500 million investing in growth stocks.
Of course, past performance isn’t indicative of future performance. But this is also one of the best ETFs because the management expense ratio is a very reasonable 0.35%. And many experts suggest low fees are the best gauge of future performance.
Plus, RFG is one of the best ETF investments, whether you’re looking at growth stocks or other flavors. One key reason is the fact it invests in mid-cap growth stocks. These up and coming stocks are the sweet spot of investing since they’re still growing handily but are also stable enough to withstand economic downturns.
Consumer discretionary and information technology growth stocks dominate this top ETF. The largest holding by far is 3D Systems (DDD), the 3D printing company that’s taking the world by storm. DDD stock is up 115% year-to-date and over 100% annually over the past five years.
As of this writing, Will Ashworth did not own a position in any of the aforementioned securities.