Published on 28 Jun 2023 on Zacks via Yahoo Finance
Best & Worst Sector ETFs of First-Half 2023
Wall Street has been upbeat in the first half of 2023, with the S&P 500, the Nasdaq and the Dow Jones gaining about 14%, 29.5% and 2.4%, respectively. Better-than-expected corporate earnings and the AI boom have been the key trends in the first half. Though the Fed was viewed as less-hawkish initially, rising rate worries resurfaced in June.
Against this backdrop, below, we highlight a few winning and losing sector ETFs of first-half 2023.
Winners