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Top ETFs to Watch in 2024 for Long-Term Growth Opportunities

 
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Discover the best ETFs for 2024 with promising long-term potential.

description: a diverse group of investors discussing etf performance charts in a modern office setting.

As investors navigate the ever-changing landscape of the stock market, finding the right exchange-traded funds (ETFs) to invest in can be a challenging task. With new trends emerging and economic indicators shifting, it's important to stay informed on the best ETFs that offer growth opportunities for the long term.

Marijuana ETFs have had it rough, but word that cannabis may be reclassified is giving these battered funds new hope. Despite recent struggles, there is optimism surrounding the potential reclassification of cannabis, which could breathe new life into these ETFs.

The best ETFs to buy in May offer a diversified, wide slice of long-term investment opportunities. Among them is the iShares U.S. Medical Devices ETF (AMEX:IHI), which provides exposure to the growing Medical devices industry and has shown strong performance in recent years.

Active ETFs depend on professional managers to pick a portfolio of assets with the goal of beating the market. Here are the ten best active ETFs to consider for investors looking to outperform the market and capitalize on expert management strategies.

Large-cap ETFs give investors exposure to tech giants, as well as their outsized returns, with less upkeep required. These ETFs are a popular choice for investors seeking stability and growth potential in well-established companies.

The best ETFs by 5-year return include SMH and SOXX, which have delivered impressive results over the past five years. Learn more about the pros and cons of these top-performing ETFs to make informed investment decisions.

Ryan Jackson: Almost everyone knows the old investing refrain: buy low, sell high. But over the past few years, investors are adopting a new strategy that focuses on long-term growth and value investing. ETFs are a key tool in this approach, offering diversified exposure to various sectors and industries.

Leveraged ETFs are best for experienced investors with a clear understanding of the risks involved and how leverage works. These high-risk, high-reward ETFs can amplify returns but also magnify losses, making them suitable only for knowledgeable investors.

Global X SuperDividend US ETF and Simplify Volatility Premium ETF were among the best-performing ETFs in April 2024, showcasing the potential for strong returns in the current market environment. These ETFs offer unique strategies that have resonated with investors seeking income and volatility protection.

While the market has slumped in recent weeks, 2024 is still an up year so far, indicating resilience and potential for growth in the coming months. By staying informed on the best ETFs for long-term growth opportunities, investors can position themselves for success in 2024 and beyond. 14

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etfslong-term growthinvestment opportunitiescannabis reclassificationactive managementAMEX:IHI
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