Although defensive sectors such as consumer staples and telecom outperformed last month, October was another good month for the bulls as U.S. equities shook-off the government shutdown and fears of a debt ceiling disaster to race to record highs.
October was also a strong month in terms of ETF inflows. An estimated $20.9 billion poured into U.S. equity funds as of October 30 compared with $12.9 billion in September. ETFs offering exposure to sectors such as industrials and technology saw robust inflows as well. [ETFs for the Best Six Months]
But while it was a fine month for U.S. stocks, the list of October’s 10 best non-leveraged ETFs, which follows, is littered with international plays, including some representing what was recently one of the most controversial and downtrodden emerging markets. Those looking to review October’s worst ETFs can click here, but let’s get on to non-leveraged the winners.