According to analysis by CNBC Pro, six exchange-traded funds have outperformed the S&P 500 in each of the past five years. Four U.S.-listed ETFs, a pan-European ETF run by J.P. Morgan and a Taiwan-listed ETF have outperformed U.S. benchmarks every year since 2019, an analysis of FactSet data shows. In 2022, when the S&P 500 fell nearly 20%, each of the six ETFs suffered smaller losses. Index trackers including the S&P 1500 Composite Stock Market ETF, Goldman Sachs ActiveBeta U.S. Large Cap Equity, First Trust RBA American Industrial Renaissance ETF and Invesco S&P 500 Quality ETF were among the U.S. funds that beat the S&P 500 in 2019. . The J.P. Morgan U.S. Research Enhanced Index Equity UCITS ETF, listed in the UK, Italy, Germany and Switzerland, has been the only actively managed fund to outperform over the past five years and will continue to do so in 2024 as well. The NT$-denominated SinoPac TAIEX ETF also outperformed the S&P 500 in local currency terms over the same period. These six funds are among the 12,700 ETFs worldwide screened by CNBC Pro. First Trust RBA American Industrial Renaissance Of the six ETFs, the First Trust RBA American Industrial Renaissance ETF (ticker: AIRR) has performed best during this period. The cumulative total return over the past five years is 178%, compared with 112% for the S&P 500. The fund replicates the Reserve Bank of Australia’s U.S. Industrial Recovery Index, which provides investors with exposure to U.S. small and mid-cap companies in the industrial and community banking sectors. It only contains stocks from the Russell 2500 Index. Only companies that generate at least three-quarters of their revenue from the United States are included, First Trust said. These stocks also screen out companies with “positive average 12-month earnings expectations.”
