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SPDR S&P 500 ETF Trust Ranked Among This Week’s Top Buy ETFs

August finished off in the green last week, for another positive month for markets, amid many issues including another deadly surge of Covid-19. However, we’re entering the worst month of the year seasonality-wise, as September has the worst track record of any month of the year for stocks. After traders got back from their Labor Day weekend, they may have taken that cue as on Tuesday stocks were well into the red for the S&P 500 and the Dow, despite the Nasdaq treading water so far on the day. Year-to-date gains have been impressive so far, with all three major indexes well into the double digits for the year, with the Nasdaq and S&P leading the way with almost 20% gains. On Tuesday morning, though, a couple of major downgrades happened. Goldman Sachs
GS
downgraded US economic output to 5.7% for 2021, below consensus at 6.2%, something that many may follow along with. In addition, Morgan Stanley
MS
downgraded US stocks to underweight. Might there be a correction on the horizon? Possibly, but it will likely depend on how fiscal and monetary stimulus react. ETFs are a good idea in this environment to build up some beta exposure that is well diversified. To help, we’ve built out a list of ETFs rated as Top Buys for this week. Hopefully, some of these picks can help you diversify your portfolio and mitigate some concerns and risks. Q.ai’s deep learning algorithms have identified several ETFs to look out for based on their fund flows over the last 90-days, 30-days, and 7-days.  

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SPDR S&P 500 ETF Trust (SPY)

The first Top Buy ETF for this week is the SPDR S&P 500 ETF Trust. This ETF is widely considered the benchmark ETF for tracking the S&P 500 as closely as possible. It is also the largest ETF in the world in terms of AUM with $357,840,044,986.53 AUM. Its fund flows have been positive. It saw a 90-day fund flow of $15,992,217,248.15, 30-day fund flow of $11,079,102,661.75, and 1-week fund flow of $5,871,520,503.85. With a net expense ratio of 0.094%, it is also very cheap to own.

MORE FROM FORBESSPDR S&P 500 ETF Trust (SPY)

iShares S&P 500 ETF (IVV)

The next Top Buy ETF is another S&P 500-tracking ETF – the iShares S&P 500 ETF. The goal of this ETF is relatively similar to the SPY ETF- to mirror the performance of the S&P 500 as closely as possible. With $273,877,156,749.00, it is another large-sized ETF in terms of AUM. Its fund flows have been positive with a 90-day fund flow of $4,757,183,450.00, 30-day fund flow of $2,512,745,740.00, and 1-week fund flow of $1,089,726,525.00. With a net expense ratio of 0.03%, it is also very cheap.

MORE FROM FORBESiShares Core S&P 500 ETF (IVV)

Vanguard Total Stock Market ETF (VTI)

The Vanguard Total Stock Market ETF is our next Top Buy ETF this week. This ETF aims to track the broader stock market, across all indices. The ETF also includes stocks of all cap sizes, and both growth stocks and value stocks. The fund is another large ETF in terms of AUM with $234,272,783,020.77 AUM. It has seen consistently positive fund flows, with a 90-day fund flow of $11,357,935,985.82, 30-day fund flow of $4,516,208,104.73, and 1-week fund flow of $700,456,503.77. Its net expense ratio of 0.03% is also very cheap and reasonable.

MORE FROM FORBESVanguard Total Stock Market ETF (VTI)

Vanguard S&P 500 ETF (VOO)

The Vanguard S&P 500 ETF is our fourth Top Buy this week, and our third ETF which aims to track the performance of the S&P 500 as closely as possible. With $215,377,023,543.30 it is also one of the largest ETFs on our list in terms of AUM. Its fund flows have been consistently positive with a 90-day fund flow of $12,869,552,480.49, 30-day fund flow of $4,119,830,181.87, and 1-week fund flow of $847,304,280.84. With a net expense ratio of 0.03%, it is also very cheap.

MORE FROM FORBESVanguard S&P 500 ETF (VOO)

Invesco QQQ Trust (QQQ)

The Invesco QQQ Trust comes in as our next Top Buy ETF for the week. This ETF is considered to be the benchmark ETF that tracks the tech-heavy NASDAQ
NDAQ
index. With $164,136,811,474.50 AUM, it is one of the largest tech-focused ETFs in terms of AUM in the world. It has seen positive fund flows, with a 90-day fund flow of $12,156,832,761.00, 30-day fund flow of $7,059,302,475.50, and 1-week fund flow of $3,077,945,004.50. Its net expense ratio of 0.2%, however, is the most expensive on our list this week.  

MORE FROM FORBESInvesco QQQ Trust (QQQ)

iShares Core U.S. Aggregate Bond ETF (AGG)         

The iShares Core U.S. Aggregate Bond ETF is our next Top Buy this week. This ETF aims to track an index composed of the total U.S. investment-grade bond market, and is surely one to keep an eye on with unpredictable yields. This ETF is midsized in terms of AUM with $85,805,140,912.00 AUM. The ETF has also witnessed positive fund flows with a 90-day fund flow of $755,908,430.00, 30-day fund flow of $499,302,630.00, and 1-week fund flow of $127,607,260.00. Its net expense ratio of .05% is also reasonable.

MORE FROM FORBESiShares Core U.S. Aggregate Bond ETF (AGG)

Vanguard Value ETF (VTV)

The next Top Buy on this week’s list is the Vanguard Value ETF. This passively managed ETF aims to give investors easy exposure to large-cap value stocks. The ETF has $74,533,882,248.64 AUM and is medium-sized. It has seen positive fund flows, with a 90-day fund flow of $2,366,552,271.61, 30-day fund flow of $625,081,014.06, and 1-week fund flow of $23,067,810.42. With a net expense ratio of 0.04%, this ETF is also fairly reasonable to own.

MORE FROM FORBESVanguard Value ETF (VTV)

Vanguard Growth ETF (VUG)

Our next Top Buy is the Vanguard Growth ETF. This ETF aims to give investors exposure to a basket of large-cap growth stocks. The ETF has $73,465,594,499.10 AUM and is medium-sized. It has seen positive fund flows, with a 90-day fund flow of $2,326,825,442.87, 30-day fund flow of $703,371,292.18, and 1-week fund flow of $251,580,948.99. With a net expense ratio of 0.04%, this ETF is also extremely cheap and attractive to own.

MORE FROM FORBESVanguard Growth ETF (VUG)

Vanguard Total Bond Market ETF (BND)

The Vanguard Total Bond Market ETF is our next Top Buy. This ETF seeks to give investors exposure to a broad index of taxable US dollar denominated bonds. With $72,294,153,077.30 AUM, this ETF is medium-sized. It has seen consistently positive fund flows, with a 90-day fund flow of $5,387,586,000.00, 30-day fund flow of $1,467,298,000.00, and 1-week fund flow of $596,228,000.00. With a net expense ratio of 0.05%, this ETF is also extremely cheap.

MORE FROM FORBESSPDR Bloomberg Barclays International Corporate Bond ETF (BND)

iShares S&P SmallCap 600 ETF (IJR)

The last Top Buy ETF for the week is the iShares S&P SmallCap 600 ETF. This ETF aims to give investors exposure to a broad range of U.S.-based small-cap stocks. The ETF is the smallest sized ETF on our list based on $68,860,805,533.80 AUM. The ETF has also seen mixed fund flows as of late with a 90-day fund flow of -$855,232,575.00, 30-day fund flow of $355,042,710.00, and 1-week fund flow of $248,547,645.00. The ETF also has a decent 0.06% net expense ratio.

MORE FROM FORBESiShares Core S&P Small-Cap ETF (IJR)

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