A Few of 2012s Best Market ETFs Repeated in 2013

First Trust US IPO Index Fund (NYSEArca: FPX)

2012: 28.9%

2013: Up 38.2%

Comment: FPX has soared this year and a lot of the fund’s success has to do with its index construction that allows the ETF to hold stocks that are up to 1,000 past their IPO date. Yes, the 10.2% weight to Facebook (NasdaqGM: FB) has certainly helped, but so has FPX’s allocations to several successful spin-offs such as Phillips 66 (NYSE: PSX) and Marathon Petroleum (NYSE: MPC). FPX has a new rival in the form of the Renaissance IPO ETF (NYSEArca: IPO), which focuses more on true IPOs.