Choosing the right exchange-traded fund (ETF) can feel daunting given the sheer number of choices out there.
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To help you narrow it down, we’ve highlighted three ETFs that TipRanks’ AI analyst currently rates as Outperform. Each one has at least a 10% projected upside.
Check out the chart and list below to compare these standout picks.
Principal Focused Blue Chip ETF (BCHP) – As the name suggests, this ETF invests in blue-chip companies, that is, businesses that are well-known and have a long and strong financial track record. The fund leans heavily towards tech companies and businesses that sell non-essential goods and services such as clothes, travel, and luxury items. However, it is important to note that the fund is non-transparent, meaning that it does not disclose the full list of its holdings every day like most ETFs do.
The ETF AI analyst currently has a $43 price target on BCHP, suggesting about 16% upside. The fund currently holds an Outperform rating thanks to strong year-to-date gains from key portfolio names like Nvidia (NVDA), Broadcom (AVGO), and Alphabet (GOOGL).
Harbor Corporate Culture ETF (HAPI) — This fund, which was launched in 2022 by Harbor Capital Advisors, focuses on companies with strong corporate culture. The company ranks businesses based on metrics such as employee engagement, workplace culture, and ethical leadership, and uses that to drive its investment strategy.
The ETF AI analyst currently has a price target of $46 on HAPI, suggesting over 13% upside. The fund’s current Outperform rating is carried by strong results from key holdings such as Nvidia, Alphabet, and Netflix (NFLX).
Amplify CWP Growth & Income ETF (QDVO) — This ETF is based on a covered writing portfolio (CWP), that is, it sells covered call options on stocks it owns to generate extra income. Alongside this, the company boasts exposure to several large tech companies and businesses in other high-growth sectors.
The ETF AI analyst currently has a $33 price target on QDVO, suggesting about 13% upside. The fund’s current Outperform rating is based on solid year-to-date performance from top tech companies in its portfolio, including Nvidia and Broadcom.