How U.S. ETFs Fared In June

 | Jun 30, 2022 19:23

Wall Street struggled to regain ground in June amid unprecedented global macroeconomic headwinds, including intensifying geopolitical tensions, rising global financial uncertainty, ongoing supply disruptions, and growing stagflationary concerns.

The Federal Reserve (Fed) Chair Jerome Powell recently aggressive rate hikes could tip the U.S. economy into recession, acknowledging that a soft landing is “very challenging.”

Meanwhile, the June consumer confidence report revealed a to the lowest level since February 2021. As a result, many major stock indexes closed in the red.

Today, we review ETFs that were either clear winners or apparent losers in June. Our list offers a glimpse of numerous funds’ monthly performances and excludes leveraged and inverse ETFs.

Several funds could inspire readers to put together long-term diversified portfolios within their risk/return parameters. We’ve already covered a large number of these ETFs.

(All prices were calculated at the time of writing—during the U.S. session).

h2 3 ETFs Following Major U.S. Indices/h2

Before we move on to the best- and worst-performing ETFs, let’s look at funds that offer exposure to three bellwether Wall Street indices—the Dow Jones Industrial Average, the S&P 500, and the NASDAQ.

SPDR® Dow Jones Industrial Average ETF Trust (NYSE:DIA) which tracks the Dow Jones Industrial Average: down 6.8% in June.