Global markets continue to be volatile amid the U.S.-Iran conflict. Several investors turn to exchange-traded funds (ETFs) during periods of uncertainty due to their ability to balance risk and reward through diversification. However, the vast universe of ETFs makes selection difficult for investors. TipRanks’ ETF AI Analyst highlights attractive ETFs with strong upside potential.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade AMZNHere, we will discuss three such ETFs that are rated Outperform and have at least 10% upside potential: iShares Russell 1000 ETF (IWB), Vanguard Dividend Appreciation ETF (VIG), and JPMorgan Fundamental Data Science Large Value ETF (LVDS).
Using TipRanks’ Stock Comparison Tool, let’s look at a few metrics of these ETFs.
- iShares Russell 1000 ETF (IWB) — The IWB tracks the Russell 1000 Index and seeks to offer long-term growth by providing exposure to large companies in the U.S. equity market. The ETF AI Analyst has a price target of $417 on the IWB ETF, indicating about 19% upside potential. IWB’s Outperform rating is based on tech giants like Apple (AAPL), Microsoft (MSFT), and Alphabet (GOOGL).
- Vanguard Dividend Appreciation ETF (VIG) — The VIG ETF tracks the S&P U.S. Dividend Growers Index and offers exposure to large-cap stocks that have a history of increasing dividends. The ETF AI Analyst has a price target of $253 on the VIG ETF, implying about 19% upside potential. The AI Analyst’s bullish stance on the VIG ETF is based on companies like Microsoft and Apple, whose solid financial performance supports the fund’s long-term potential.
- JPMorgan Fundamental Data Science Large Value ETF (LVDS) — The LVDS ETF offers exposure to large-cap U.S. stocks trading at attractive valuations. It uses data science techniques to select stocks. The ETF AI Analyst has a price target of $56 on the LVDS ETF, implying about 12% upside potential. Currently, the top three holdings of the LVDS ETF are Exxon Mobil (XOM), Alphabet (GOOG), and Amazon (AMZN).