Prediction: This Lesser-Known ETF Will Be the Best Bear Market Buy
This ETF focuses on the highest quality S&P 500 members.
Overview
Morningstar has stated that this ETF's holdings should "help it stay afloat during bear markets." However, most investors have never heard of this fund, even though it holds only stocks from the popular S&P 500.
The Invesco S&P 500 Quality ETF (NYSEMKT: SPHQ) focuses on the highest-quality stocks in the S&P 500 Index (SNPINDEX: ^GSPC), making it a more defensive holding. That focus on quality over quantity leads me to predict it will be the best ETF to buy during a bear market for those seeking a less volatile holding.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.