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The bull market turned nine years old on March 9. Its momentum has slowed down this year as stocks have struggled with rising rates, heightened volatility and trade was risks.
Still, stocks have come a long way since bottoming out about nine years back, following a brutal sell-off in the aftermath of the financial crisis. The current bull market is now second longest in history. In terms of percent gains, it ranks third.
Record low interest rates, muted inflation and steadily growing economy aided stocks’ climb. The S&P 500 index is up more than 300% since then.
But many ETFs have performed significantly better than the broader market.
The PowerShares NASDAQ Internet ETF (PNQI – Free Report) and the First Trust Dow Jones Internet ETF(FDN – Free Report) –are the biggest winners, up more than 990%* and 925%* respectively.
Another ETF with spectacular performance is the Guggenheim S&P 500 Pure Value ETF (RPV – Free Report) which has risen more than 800%* over this period.
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