The ETF universe is vast, and picking the right entry point can easily leave investors second-guessing their choices.
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TipRanks’ AI analyst has narrowed the field to three ETFs, each with an expected return potential of at least 10%. The chart and quick notes offer a fast way to line them up and spot the differences.
- KraneShares CSI China Internet ETF (KWEB) — This ETF tracks the CSI Overseas China Internet Index. The index itself measures the performance of Chinese internet companies and associated businesses. This means that the fund provides exposure to tech companies such as Alibaba (BABA) and Tencent (TCEHY). The ETF AI analyst currently has a $44 price target on KWEB, suggesting 17.05% growth potential. The fund’s current Outperform rating comes from strong results delivered by key holdings such as Alibaba and Tencent.
- Energy Select Sector SPDR Fund (XLE) – This is the largest energy ETF in the world. It provides exposure to oil and gas supermajors such as ExxonMobil (XOM) and Chevron (CVX) as well as energy equipment companies. The ETF AI analyst currently has a $51 price target on XLE, suggesting over 11% upside. Outperformance from several of its largest holdings, including Chevron, Marathon Petroleum (MPC), and Valero Energy (VLO), earned the fund its current Outperform rating.
- Global X PureCap MSCI Energy ETF (GXPE) — This ETF was launched this year and also focuses on the U.S. energy sector. It tracks companies that engage in oil and gas exploration, production, and services, using a market-weighted approach. This means that bigger companies have more impact on the fund. The ETF AI analyst currently has a price target of $29 on GXPE, suggesting approximately 10% upside from the current trading levels. The fund’s current Outperform rating is carried by strong results from key holdings such as Marathon Petroleum (MPC) and Valero Energy (VLO).
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