Exchange-traded funds (ETFs) remain a key channel for investors seeking strong returns. However, deciding which to buy can be a Herculean task. That’s where our ETF AI analysts come in!
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Below are the top three ETFs that TipRanks’ AI analysts think you should bank on. These ETFs all currently have an Outperform rating and offer at least 10% upside. The chart below also shows how the three funds compare.
Azoria 500 Meritocracy ETF (SPXM) — This ETF invests in companies that are among the 400 to 500 largest businesses in the U.S. The ETF relies on metrics, such as performance, rather than on environmental, social, and governance factors in its portfolio-building decision-making. The fund, which is managed by American investment firm Azoria, leans heavily on large-cap tech companies.
The ETF AI analyst currently has a $24 price target on SPXM, suggesting almost 11% upside. The fund’s current Outperform rating is based on solid performance from top tech companies in its portfolio, including chip designers Nvidia (NVDA) and Broadcom (AVGO).
iShares China Large-Cap ETF (FXI) – This fund tracks the FTSE China 50 Index, which measures the performance of the 50 largest Chinese companies listed on the Hong Kong Stock Exchange (HKXCY). The ETF is heavily weighted toward China’s financial and consumer sectors and also invests in businesses in the communication services sector. It is overseen by asset management colossus BlackRock (BLK).
The ETF AI analyst currently has a $45 price target on FXI, suggesting almost 14% upside. The fund’s current Outperform rating is based on solid year-to-date performance from top tech companies in its portfolio, including e-commerce giant Alibaba (BABA) and Chinese social media colossus Tencent (TCEHY).
Horizon Core Equity ETF (STOX) — This fund employs a diversified approach, investing in companies of all sizes and across sectors, including technology, financials, and healthcare. Yet, the technology sector remains key to the ETF, which is affiliated with North Carolina-based Horizon Investments.
The ETF AI analyst currently has a price target of $31 on STOX, suggesting about 11% upside. The fund’s current Outperform rating is supported by strong results from key holdings such as Nvidia, Alphabet (GOOGL), and Broadcom.