Explore the top ETFs to consider for your 2024 investment strategies. From broad market indexes like SPY and VOO to sector-specific funds such as QQQ and ARKG, these ETFs offer diversified exposure, liquidity, and growth potential for both novice and experienced investors.

Leading Exchange-Traded Funds in 2024

Exchange-Traded Funds (ETFs) continue to be popular choices for investors seeking diversification and cost-efficiency. They allow easy exposure to various market sectors by holding a broad portfolio of securities like stocks. Investing in ETFs is accessible for beginners and seasoned investors alike. Here are some of the top ETFs to consider adding to your investment portfolio in 2024.

SPDR S&P 500 ETF (SPY)
SPY remains one of the most significant ETFs with over $360 billion in assets. Known for its high liquidity with more than 74 million shares traded daily, it has a modest expense ratio of 0.09%. This fund provides a straightforward way to gain exposure to large-cap US companies with transparency and stability.

Invesco QQQ Trust (QQQ)
This ETF specializes in non-financial stocks listed on the Nasdaq, primarily in the technology sector. It surged by 48.4% in 2020, driven by major tech giants. With an expense ratio of 0.2%, QQQ is a preferred choice for investors seeking to capitalize on tech industry growth.

Vanguard S&P 500 ETF (VOO)

tracking the S&P 500 index, VOO offers broad diversification across top US companies. Launched in 2010, it manages hundreds of billions in assets and has a low expense ratio of 0.03%. It gained 18.3% in 2020, reflecting the overall health of the US market.

Ark Genomic Revolution ETF (ARKG)

This actively managed ETF, with a 0.75% annual fee, invests in innovative biotech and healthcare companies involved in gene editing, regenerative medicine, and agricultural biology. Led by Cathie Wood, it has achieved over 40.3% compound growth over five years, highlighting its high-risk, high-reward profile.