The Ten Top Miscellaneous Sector Funds And ETFs

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Diversification is a very good strategy in the financial world. This strategy doesn't just mean investing in different stocks, rather it also means putting money in different investment tools, different industries, as well as different regions. If you plan to diversify your investment by investing in different regions, then one good way to do it is by investing in Miscellaneous Sector funds. Such funds invest in the sectors that aren't included in Morningstar's existing sector categories and those that don't have a separate category of their own. Let's take a look at the ten top Miscellaneous Sector funds and ETFs.

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Table of Contents show

• 1. Ten Top Miscellaneous Sector Funds And ETFs
• 2. The Cannabis ETF (THCX, 50%)
• 3. Gabelli Pet Parents'™ Fund (PETZX, 50%)
• 4. ProShares Global Listed Private Equity (PEX, 51%)
• 5. Invesco Solar ETF (TAN, 53%)
• 6. First Trust NASDAQ® Cln Edge®StGidIfsETF (GRID, 54%)
• 7. First Trust NASDAQ® Cln Edge® GrnEngyETF (QCLN, 57%)
• 8. Global X Atnms & Elctrc Vhcls ETF (DRIV, 63%)
• 9. Cannabis Growth Fund (CANIX, 64%)
• 10. Kinetics Internet Fund (KINAX, 70%)
• 11. Amplify Seymour Cannabis ETF (CNBS, 76%)

Ten Top Miscellaneous Sector Funds And ETFs

We have used the past one-year return data (from U.S. News ) to rank the ten top Miscellaneous Sector funds and ETFs. Following are the ten top Miscellaneous Sector funds and ETFs:

The Cannabis ETF (THCX, 50%)

THCX invests in securities that are part of the Innovation Labs Cannabis Index. This index includes Cannabis Companies. THCX has earned a return of more than 18% YTD and has more than $129 million in total assets. The top four holdings of the fund are: Village Farms International, Tilray , Canopy Growth and GrowGeneration.

Gabelli Pet Parents'™ Fund (PETZX, 50%)

PETZX usually invest in domestic and foreign companies that are part of the pet industry, including companies offering services and products for pets and pet owners. PETZX has earned a return of more than 8% YTD and over 21% in the past three years. It has more than $5.90 million in total assets. The top four holdings of the fund are: PetIQ , Elanco Animal Health, Chewy and Kindred Biosciences.

ProShares Global Listed Private Equity (PEX, 51%)

PEX normally invests in securities that are part of the LPX Direct Listed Private Equity Index. This index includes up to 30 qualifying listed private equity companies. PEX has earned a return of more than 27% YTD and has more than $22 million in total assets. The top four holdings of the fund are: Information Services Group, Ares Capital , FS KKR Capital and Onex.

Invesco Solar ETF (TAN, 53%)

TAN invests in securities that are part of the MAC Global Solar Energy Index. This index tracks the global solar energy equity sector. TAN has earned a return of more than -14% YTD and has more than $3.25 billion in total assets. The top four holdings of the fund are: Enphase Energy, Solaredge Technologies, First Solar and Sunrun.

First Trust NASDAQ® Cln Edge®StGidIfsETF (GRID, 54%)

GRID usually invests in securities that are part of the NASDAQ OMX® Clean Edge® Smart Grid Infrastructure IndexSM. This index includes companies that deal in the electric grid, energy storage and management, as well as related software. GRID has earned a return of more than 24% YTD and has more than $564 million in total assets. The top four holdings of the fund are: Eaton Corporation, Johnson Controls International, Aptiv and Enphase Energy .

First Trust NASDAQ® Cln Edge® GrnEngyETF (QCLN, 57%)

QCLN invests in securities that are part of the NASDAQ® Clean Edge® Green Energy IndexSM. This index tracks the U.S. clean energy companies. QCLN has earned a return of more than -3% YTD and has more than $2.70 billion in total assets. The top four holdings of the fund are: Albemarle , Tesla, NIO and Enphase Energy.

Global X Atnms & Elctrc Vhcls ETF (DRIV, 63%)

DRIV invests in securities that are part of the Solactive Autonomous & Electric Vehicles Index. This index includes companies that deal in the development of electric vehicles and/or autonomous vehicles. DRIV has earned a return of more than 20% YTD and has more than $1.15 billion in total assets. The top four holdings of the fund are: NVIDIA , Alphabet, Tesla and Microsoft.

Cannabis Growth Fund (CANIX, 64%)

CANIX usually invests in exchange-traded equity securities of the companies that deal in legal cannabis -related businesses. This fund has earned a return of more than -16% in the past three months and has more than $4.4 million in total assets. The top four holdings of the fund are: AdvisorShares Pure US Cannabis ETF, Canopy Growth, Aphria and Village Farms International.

Kinetics Internet Fund (KINAX, 70%)

KINAX usually invests in companies whose business models depend primarily on the internet. However, it may invest outside of the tech sector as well. This fund has earned a return of more than -9% in the past three months and over 23% in the past three years. It has more than $234 million in total assets. The top three holdings of the fund are: Grayscale Bitcoin Trust, Texas Pacific Land and PayPal Holdings.

Amplify Seymour Cannabis ETF (CNBS, 76%)

CNBS normally invests in the securities of companies that earn at least 50% of their revenue from the cannabis and hemp ecosystem, as well as derivatives with similar characteristics. This ETF has earned a return of more than 22% YTD and has $126.84 million in total assets. The top four holdings of the fund are: Tilray Inc, WM Technology Inc, Canopy Growth Corp and Village Farms International Inc.

Updated on Sep 3, 2021, 11:37 am

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