Only
three
ETFs
worldwide
have
produced
double-digit
annual
returns
over
the
past
five
years,
CNBC
Pro
research
has
found.
Two
U.S.-listed
ETFs
—
the
SPDR
S
&
P
Metals
&
Mining
ETF
and
VanEck
Steel
ETF
—
and
the
Japan-listed
NEXT
NOTES
Japan
Equity
High
Beta
Select
30
ETF
have
each
risen
more
than
10%
every
year
since
2019.
CNBC
Pro
screened
8,300
equity
ETFs
worldwide
using
FactSet
data
to
identify
the
funds.
SPDR
S
&
P
Metals
&
Mining
ETF
The
SPDR
S
&
P
Metals
&
Mining
ETF
(ticker:
XME)
gives
investors
broad
exposure
to
the
metals
and
mining
segment.
It’s
invested
in
32
stocks
of
companies
that
mine
aluminum,
coal,
copper,
gold,
silver,
precious
metals,
and
minerals.
Nearly
half
the
$2.1
billion
fund
is
also
invested
in
companies
that
process
steel.
The
ETF
also
outperformed
the
S
&
P
500
index
in
two
of
the
past
five
years
and
returned
154%
in
total
cumulative
returns
over
the
period,
exceeding
the
S
&
P
500’s
128%
cumulative
returns.
The
weighted
average
of
analyst
price
targets
of
shares
in
the
ETF
points
to
over
17%
upside
potential
over
the
next
12
months,
according
to
FactSet.
XME
.SPX
5Y
line
VanEck
Steel
ETF
Unlike
the
more
diversified
SPDR
fund,
the
VanEck
Steel
ETF
(ticker:
SLX)
is
more
concentrated,
with
27
stocks
focused
on
companies
soley
in
the
steel
sector.
The
VanEck
fund
has
outperformed
the
S
&
P
500
in
four
of
the
past
five
years.
It’s
also
outperformed
with
a
cumulative
total
return
of
148%
over
the
period.
However,
the
ETF
is
currently
negative
year-to-date.
Over
the
next
12
months,
the
weighted
average
of
analyst
price
targets
of
shares
in
the
ETF
point
to
over
18%
update
potential.
NEXT
NOTES
Japan
Equity
High
Beta
Select
30
The
NEXT
NOTES
Japan
Equity
High
Beta
Select
30
ETF
(ticker:
2068.T-JP)
is
a
smart
beta
ETF.
These
types
of
funds
seek
to
bring
together
elements
of
passive
index
investing
and
active
management
by
using
strict
rules
to
identify
which
stocks
to
include
in
a
fund.
This
ETF
tracks
the
Nomura
Japan
Equity
High
Beta
Select
30
index.
The
index
includes
the
most
liquid
and
large-cap
stocks
in
Japan
with
high
beta
in
stock
price
performance,
foreign
exchange
impact,
and
momentum.
High
beta
stocks react
with
more
volatility
than
the
rest
of
the
market.