10 Most Closely Traded ETFs of the Previous 3 Months

The ETF trade is seeing explosive development, piling up document property in 2024 amid the inventory market surge. This resulted in sufficient liquidity within the ETF world, with most funds buying and selling at extraordinarily excessive volumes. Quantity might be decided by the variety of shares traded in a selected interval. Excessive buying and selling quantity signifies excessive liquidity, which is a key attribute of ETFs.

Here is why quantity is related:

Liquidity: Excessive-volume ETFs are extra liquid, which means they are often purchased or offered simply with out inflicting a major value change. That is necessary for buyers because it permits them to enter or exit positions with out impacting the value an excessive amount of (learn: 5 Most-Loved ETFs of 2024).

Bid-Ask Unfold: Excessive-volume ETFs usually have narrower bid-ask spreads. The bid-ask unfold is the distinction between the very best value {that a} purchaser is prepared to pay for an asset and the bottom value {that a} vendor is prepared to just accept. A narrower unfold means decrease transaction prices for buyers.

Value Discovery: Excessive buying and selling volumes can result in higher value discovery, which suggests the market value of the ETF extra precisely displays its underlying worth. It is because, with extra trades, there is a larger probability that the ETF value will replicate the collective data and sentiment of a bigger pool of buyers.

Market Affect: If an ETF has a low buying and selling quantity, massive trades can considerably affect its value. That is much less of a priority with high-volume ETFs.

Decrease Monitoring Error: Excessive buying and selling volumes may assist in higher monitoring of the underlying index, resulting in a decrease monitoring error, particularly for index ETFs. It is because the arbitrage mechanism works effectively when the ETF is actively traded.

Indication of Curiosity: Excessive buying and selling quantity may also be a sign of excessive curiosity in a selected market or sector. For instance, if an ETF that tracks a selected trade has a excessive buying and selling quantity, it might point out that many buyers are concerned with that trade.

Volatility: ETFs with low buying and selling volumes can generally be extra unstable than these with excessive volumes. It is because a small variety of trades can have a bigger affect on the value of the ETF.

That stated, we’ve highlighted 10 ETFs which have seen larger common volumes over the previous three months and are thus the highest 10 funds when it comes to buying and selling quantity, per etfdb.com (see: all the Category ETFs here).

Direxion Day by day Semiconductor Bull 3x Shares (SOXL) – Common Day by day Quantity: 75.5 million shares

Direxion Day by day Semiconductor Bull 3x Shares targets the semiconductor nook of the know-how sector with 3 times leveraged publicity to the NYSE Semiconductor Index. Direxion Day by day Semiconductor Bull 3x Shares has amassed about $10.7 billion in its asset base whereas charging 72 bps in charges per 12 months.

Direxion Day by day TSLA Bull 2X Shares (TSLL) – Common Day by day Quantity: 73.4 million shares

With AUM of $2.1 billion, Direxion Day by day TSLA Bull 2X Shares is by far the most important U.S.-listed single-stock ETF in the marketplace. It presents two occasions (200%) the each day share change of the widespread inventory of Tesla, charging 86 bps in annual charges (learn: Tesla Stock Hits All-Time High: ETFs to Ride the Momentum).

T-REX 2X Lengthy MSTR Day by day Goal ETF (MSTU) – Common Day by day Quantity: 63.8 million shares

T-REX 2X Lengthy MSTR Day by day Goal ETF seeks to amplify two occasions the return on the publicly traded widespread inventory of MicroStrategy (MSTR). It has expense ratio of 1.05% and has AUM of $936.8 million.

iShares China Giant-Cap ETF (FXI) – Common Day by day Quantity: 55.5 million shares

iShares China Giant-Cap ETF presents publicity to massive firms in China by monitoring the FTSE China 50 Index. It holds 50 shares in its basket, with key holdings within the client discretionary sector at 34% share, whereas financials (30.1%) and communication (17.1%) spherical off the subsequent two spots. iShares China Giant-Cap ETF has AUM of $7 billion and an expense ratio of 0.74%. It has a Zacks ETF Rank #5 (Sturdy Promote) with a Medium threat outlook (learn: ETFs in Focus on Chinese Stocks’ First Yearly Gain After 3-Year Fall).

Direxion Day by day S&P 500 Bear 3x Shares (SPXS) – Common Day by day Quantity: 52.1 million shares

Direxion Day by day S&P 500 Bear 3x Shares supplies 3 times inverse publicity to the S&P 500 Index and fees 93 bps in annual charges. It has AUM of $347.1 million.

iShares Bitcoin Belief (IBIT) – Common Day by day Quantity: 49.9 million shares

iShares Bitcoin Belief seeks to replicate the efficiency of the value of Bitcoin. It permits buyers to entry Bitcoin inside a conventional brokerage account. The fund fees 25 bps in annual charges from buyers. IBIT has AUM of $56.5 billion (learn: 5 ETF Predictions for 2025).

SPDR S&P 500 ETF (SPY) – Common Day by day Quantity: 45.9 million shares

SPDR S&P 500 ETF tracks the S&P 500 Index and holds 503 shares in its basket, with data know-how, financials, client discretionary and healthcare accounting for double-digit allocation every. SPDR S&P 500 ETF fees buyers 9 bps in annual charges and has AUM of $632.2 billion. It has a Zacks ETF Rank #2 (Purchase) with a Medium threat outlook.

ProShares UltraPro QQQ (TQQQ) – Common Day by day Quantity: 42.9 million shares

ProShares UltraPro QQQ seeks to ship 3 times the return of the each day efficiency of the NASDAQ-100 Index, charging buyers 0.84% in expense ratio. The index measures the efficiency of the 100 largest home and worldwide non-financial firms listed on Nasdaq based mostly on market capitalization. ProShares UltraPro QQQ is the most well-liked and liquid ETF within the leveraged area, with AUM of $25.3 billion.

Direxion Day by day Semiconductor Bear 3x Shares (SOXS) – Common Day by day Quantity: 41.7 million shares

Direxion Day by day Semiconductor Bear 3x Shares targets the semiconductor nook of the know-how sector with 3 times inverse leveraged publicity to the NYSE Semiconductor Index. It has amassed about $800.9 million in its asset base whereas charging 88 bps in charges per 12 months.

Monetary Choose Sector SPDR Fund (XLF) – Common Day by day Quantity: 40.3 million shares

Monetary Choose Sector SPDR Fund seeks publicity to 73 firms within the monetary providers, insurance coverage, banks, capital markets, mortgage actual property funding trusts, client finance, and thrifts and mortgage finance industries. Monetary Choose Sector SPDR Fund is an ultra-popular monetary ETF with AUM of $47.9 billion. It fees 9 bps in annual charges and has a Zacks ETF Rank #1 (Sturdy Purchase) with a Medium threat outlook.