Reported 8 months ago
Chen Li-wen, on June 17, 2024, at 11:52 PM, compares the top 5 favorite overseas stock ETFs, with 00757 standing out in terms of performance and popularity. The data shows that tech giants like Microsoft, Apple, and NVIDIA have been setting new historical highs, prompting investors to flock to overseas stock ETFs for long-term investments. Among the 5 ETFs listed based on monthly investment plan counts from the stock exchange in May, 00757 from Uni-President FANG+ ETF has shown the best returns both in the past year and since its inception, attracting a growth of over 90% in monthly investments this year, making it the champion in both performance and popularity. The top 5 favorite overseas stock ETFs for long-term investors, based on monthly investment plan returns, are 00757, 00893, 00646, and 00885, with returns over the past year being 26.95%, 20.55%, 19.01%, and 17.59% respectively, except for -0.14% for one. While the popularity of each ETF among the top 5 may vary, 00757 has sustained its popularity due to being ahead of the long-term upward trend, securing the throne as the leader in growth in monthly investments in overseas stock ETFs. With its component stocks being top 10 tech giants, encompassing all seven tech titans in the US stock market, and as these tech giants continue to lead the US stock market surge this year, 00757 emerges as the biggest winner amidst the tech giants' collective rise, with a reported annual return rate of 26.96% up to the end of May. Looking at a longer timeframe, even through bearish years like the pandemic, as long as one perseveres and commits to regular investments over five years, the return rate could double, keeping one far ahead of others. Investment experts state that according to FactSet statistics, Wall Street analysts anticipate a 9% year-on-year increase in earnings for S&P 500 index companies in the second quarter, the highest growth since the first quarter of 2022. Tech giants are increasingly investing in the AI arms race, with AI chip leader NVIDIA, cloud computing giant Amazon, market value leader Microsoft, network chipmaker Broadcom, and Apple integrating AI, among others. One cannot ignore the long-term bullish trend in this sector, making regular and planned investments in 00757 the best route for seeking excess long-term returns.
Source: YAHOO