What ETF Has Been the Top Performer Post-Election?

January 26, 2009 at 2:00 pm by Kevin Grewal      Bookmark and Share

exchange traded funds (etfs)Not only was election day a glorious time for President Barack Obama, but certain sectors and exchange traded funds (ETFs) that track these sectors have been winners as well.

Sectors That Blossomed. In a research study conducted by Bespoke Investment Group, there were only two groups that were winners during the time span that passed from Election Day to Inauguration Day  – consumer services and power producers.  Of these two groups, the only sectors that showed positive returns were utilities, health care, consumer staples and telecommunications.

Winning Stocks: To break it down even further, of all the stocks that are publicly traded, only 11 posted double-digit gains, one of which is Newmont Mining Corp. (NEM),which is 9.6% of the Market Vectors Gold Miners (GDX). NEM had 35.5% in gains in that time period.

Looks like there is some optimism left in the markets, at least when it comes to certain sectors. Could it be all the anticipation about just who Obama’s stimulus plan could benefit?  This just proves that there is always a sector, or two, that will enable investors to gain some ground even in a down market.

This hasn’t translated into ETF success just yet – most of the funds focused on these sectors are down in this time frame. But will this news be a sign of good things up ahead? Meanwhile, one fund is clearly tops between election and inauguration:

  • Market Vectors Gold Miners ETF (GDX): up 47% between election and inauguration

Gold Miner ETF

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