Explore the top trending ETFs for 2024 that offer diverse investment opportunities across sectors like technology, biotech, banking, and bonds. Discover low-cost options with strong growth potential, suitable for different risk levels and investment goals, making them ideal choices for both novice and experienced investors.

An exchange-traded fund (ETF) is a versatile investment vehicle that tracks specific indices, allowing investors to gain broad market exposure at a low cost. Unlike traditional mutual funds, ETFs are traded on stock exchanges, facilitating easy buying and selling with minimal fees. Since their introduction in 1993, ETFs have become highly popular, reaching over $2 trillion in global assets. They come in many forms, covering various sectors and investment strategies. Key factors for selecting a good ETF include low expense ratios and precise index tracking. Noteworthy ETFs to consider in 2024 include the Vanguard S&P 500 ETF (VOO), offering broad US stock exposure with minimal fees; iShares Nasdaq Biotechnology ETF (IBB), focusing on innovative biotech firms; SPDR S&P Regional Banking ETF (KRE), targeting regional banks benefiting from rate hikes; VanEck Vectors Semiconductor ETF (SMH), highlighting leading chipmakers; Global X Robotics & AI ETF (BOTZ), investing in automation and artificial intelligence; iShares U.S. Preferred Stock ETF (PFF), providing access to preferred shares; and SPDR Bloomberg Barclays High-Yield Bond ETF (JNK), offering high-yield bonds from industrial sectors. Other notable ETFs include OIH, MUB, TLT, VEA, VYM, and ITR, making this a comprehensive list for 2024 investors.