The ETF with the highest 10-year return, as of September 30, 2024, is the Invesco Semiconductors ETF (PSI).
Top Performing ETFs Over the Last Decade
Semiconductor and technology-focused ETFs have shown remarkable performance over the past ten years, driven by innovation and strong market demand for digital solutions. The Invesco Semiconductors ETF (PSI) leads the pack, demonstrating an exceptional annualized return over the specified period.
Here's a breakdown of some of the top-performing ETFs by their annualized 10-year total returns:
Symbol | Name | Annualized 10 Year Total Returns (As of September 30, 2024) |
---|---|---|
PSI | Invesco Semiconductors ETF | 23.0% |
XSD | SPDR S&P Semiconductor ETF | 21.3% |
VGT | Vanguard Information Technology ETF | 20.7% |
IYW | iShares US Technology ETF | 20.6% |
Key Insights into Performance
- Sector Focus: The dominance of semiconductor and information technology ETFs highlights the significant growth in these sectors over the last decade. Advances in artificial intelligence, cloud computing, and digital transformation have fueled this expansion.
- Semiconductor Leadership: ETFs like PSI and XSD, which specifically target the semiconductor industry, have outperformed broader technology funds. This indicates the critical role semiconductors play across various industries, from consumer electronics to automotive and industrial applications.
- Long-Term Growth: These figures represent annualized returns, providing a clear picture of consistent growth over a substantial period, making them attractive for long-term investors. It's important to note that past performance is not indicative of future results.
Investors interested in similar growth trajectories might explore the underlying holdings of these ETFs to understand the specific companies driving these returns.