{"id":60242,"date":"2022-03-09T07:56:58","date_gmt":"2022-03-09T12:56:58","guid":{"rendered":"https:\/\/www.t3live.com\/blog\/?p=60242"},"modified":"2022-03-09T07:56:58","modified_gmt":"2022-03-09T12:56:58","slug":"top-etfs-day-traders","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2022\/03\/09\/top-etfs-day-traders\/","title":{"rendered":"5 Top ETFs for Day Traders"},"content":{"rendered":"

Day traders love ETFs.<\/span><\/p>\n

Why?<\/span><\/p>\n

Because ETFs allow traders to get market exposure fast with maximum liquidity.\u00a0<\/span><\/p>\n

It\u2019s true, you can\u2019t buy the <\/span>S&P 500<\/b> or the <\/span>Nasdaq<\/b>.\u00a0<\/span><\/p>\n

But you CAN buy shares of ETFs that track the performance of the major indexes.\u00a0<\/span><\/p>\n

And there\u2019s even some that track the Treasury bond market.<\/span><\/p>\n

So here are 5 top ETFs for day traders:<\/span><\/p>\n

Invesco QQQ Trust Series I (QQQ)<\/strong><\/h2>\n

\"\"<\/p>\n

The <\/span>Invesco QQQ Trust Series I <\/b>(QQQ) \u2013 often referred to as just \u201cThe Qs\u201d \u2013 tracks the performance of the <\/span>Nasdaq 100<\/b>.<\/span><\/p>\n

That means this ETF has a large exposure to big tech stocks like <\/span>Apple <\/b>(AAPL), <\/span>Amazon <\/b>(AMZN), <\/span>Alphabet <\/b>(GOOGL), and <\/span>Meta <\/b>(FB).\u00a0<\/span><\/p>\n

The fund was launched by Invesco Capital Management in 1999.<\/span><\/p>\n

QQQ has an expense ratio of 0.20% and an average trading volume of more than 75 million shares.<\/span><\/p>\n

At writing, the fund had more than $180 billion in net assets.<\/span><\/p>\n

SPDR S&P 500 ETF Trust (SPY)<\/strong><\/h2>\n

\"\"<\/p>\n

The <\/span>SPDR S&P 500 ETF Trust <\/b>(SPY) is the largest ETF in the world and it tracks the performance of the <\/span>S&P 500<\/b>.\u00a0<\/span><\/p>\n

The SPY was introduced by State Streets Global Advisors in January 1993 and was the first ETF ever listed in the U.S.<\/span><\/p>\n

The fund has an expense ratio of 0.09% and nearly $400 billion in net assets, at writing.<\/span><\/p>\n

SPY is extremely popular, with an average daily trading volume of more than 110 million shares.<\/span><\/p>\n

iShares 20+ Year Treasury Bond ETF (TLT)<\/strong><\/h2>\n

\"\"<\/p>\n

The <\/span>iShares 20+ Year Treasury Bond ETF <\/b>(TLT) tracks the performance of an index of U.S. Treasury bonds with remaining maturities of 20 years or more.<\/span><\/p>\n

This is a way for traders to expose themselves to that type of investment without having to actually buy bonds.\u00a0<\/span><\/p>\n

When Treasury yields rise, the stock market typically falls.\u00a0<\/span><\/p>\n

Investing in a Treasury-linked ETF can be a way to make money in the market when that scenario is playing out.\u00a0<\/span><\/p>\n

TLT has an expense ratio of 0.15% with over $16 billion in net assets, at writing.<\/span><\/p>\n

The fund has an average trading volume of more than 20 million shares per day.<\/span><\/p>\n

ProShares UltraPro S&P 500 ETF (UPRO)<\/strong><\/h2>\n

\"\"<\/p>\n

The <\/span>ProShares UltraPro S&P 500 ETF <\/b>(UPRO) is a leveraged fund that tracks the performance of the <\/span>S&P 500<\/b>.<\/span><\/p>\n

This fund is 3x leveraged, meaning it aims for returns or losses 3x the performance of the S&P in a session.<\/span><\/p>\n

If the S&P rose 2% in a single-session, UPRO would rise roughly 6%.\u00a0<\/span><\/p>\n

But it\u2019s the same for a loss.\u00a0<\/span><\/p>\n

If the S&P 500 lost 2% in a single-session, UPRO would fall roughly 6%.<\/span><\/p>\n

The fund was created in 2009 and had nearly $3 billion in net assets, at writing.\u00a0<\/span><\/p>\n

UPRO has a high expense ratio at 0.91% and average trading volume of 12.5 million shares per day.<\/span><\/p>\n

Because this fund has a goal of tracking the S&P 500\u2019s performance on a daily basis, it is not considered a long-term investment.\u00a0<\/span><\/p>\n

The amount of index exposure, AKA how many assets are held by the fund, changes every day in order to maintain the 3x leverage ratio.<\/span><\/p>\n

Direxion Daily Small Cap Bear 3x Shares (TZA)<\/strong><\/h2>\n

\"\"<\/p>\n

The <\/span>Direxion Daily Small Cap Bear 3x Shares <\/b>(TZA) tracks the <\/span>Russell 2000<\/b>.<\/span><\/p>\n

This is an inverse leveraged ETF, which means it moves in the opposite direction of the RUSS 2K times 3.<\/span><\/p>\n

Buying an inverse ETF allows traders to profit from a falling market without having to short any stocks.\u00a0<\/span><\/p>\n

If the Russell 2000 were to fall 1% in a session, the TZA ETF would hypothetically rise 3%.\u00a0<\/span><\/p>\n

The fund has an expense ratio of 0.94% and more than $359 million in net assets, at writing.\u00a0<\/span><\/p>\n

It has a daily trading volume of more than 21 million shares.<\/span><\/p>\n

If you\u2019re looking for more sector-specific ETFs to trade instead, check out <\/strong><\/span>this post<\/strong> to learn about the 4 Top FinTech ETFs to watch<\/a>!<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Day traders love ETFs. Why? Because ETFs allow traders to get market exposure fast with maximum liquidity.\u00a0 It\u2019s true, you can\u2019t buy the S&P 500 or the Nasdaq.\u00a0 But you CAN buy shares of ETFs that track the performance of the major indexes.\u00a0 And there\u2019s even some that track the Treasury bond market. So here are 5 top ETFs for day traders: Invesco QQQ Trust Series I (QQQ) The Invesco QQQ Trust Series I (QQQ) \u2013 often referred to as just \u201cThe Qs\u201d \u2013 tracks the performance of the Nasdaq 100. That means this ETF has a large exposure to big tech stocks like Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), and Meta (FB).\u00a0 The fund was launched by Invesco Capital Management in 1999. QQQ has an expense ratio of 0.20% and an average trading volume of more than 75 million shares. At writing, the fund had more than $180 billion in net assets. SPDR S&P 500 ETF Trust (SPY) The SPDR S&P 500 ETF Trust (SPY) is the largest ETF in the world and it tracks the performance of the S&P 500.\u00a0 The SPY was introduced by State Streets Global Advisors in January 1993 and was the first ETF ever listed in the U.S. The fund has an expense ratio of 0.09% and nearly $400 billion in net assets, at writing. SPY is extremely popular, with an average daily trading volume of more than 110 million shares. iShares 20+ Year Treasury Bond ETF (TLT) The iShares 20+ Year Treasury Bond ETF (TLT) tracks the performance of an index of U.S. Treasury bonds with remaining maturities of 20 years or more. This is a way for traders to expose themselves to that type of investment without having to actually buy bonds.\u00a0 When Treasury yields rise, the stock market typically falls.\u00a0 Investing in a Treasury-linked ETF can be a way to make money in the market when that scenario is playing out.\u00a0 TLT has an expense ratio of 0.15% with over $16 billion in net assets, at writing. The fund has an average trading volume of more than 20 million shares per day. ProShares UltraPro S&P 500 ETF (UPRO) The ProShares UltraPro S&P 500 ETF (UPRO) is a leveraged fund that tracks the performance of the S&P 500. This fund is 3x leveraged, meaning it aims for returns or losses 3x the performance of the S&P in a session. If the S&P rose 2% in a single-session, UPRO would rise roughly 6%.\u00a0 But it\u2019s the same for a loss.\u00a0 If the S&P 500 lost 2% in a single-session, UPRO would fall roughly 6%. The fund was created in 2009 and had nearly $3 billion in net assets, at writing.\u00a0 UPRO has a high expense ratio at 0.91% and average trading volume of 12.5 million shares per day. Because this fund has a goal of tracking the S&P 500\u2019s performance on a daily basis, it is not considered a long-term investment.\u00a0 The amount of index exposure, AKA how many assets are held by the fund, changes every day in order to maintain the 3x leverage ratio. Direxion Daily Small Cap Bear 3x Shares (TZA) The Direxion Daily Small Cap Bear 3x Shares (TZA) tracks the Russell 2000. This is an inverse leveraged ETF, which means it moves in the opposite direction of the RUSS 2K times 3. Buying an inverse ETF allows traders to profit from a falling market without having to short any stocks.\u00a0 If the Russell 2000 were to fall 1% in a session, the TZA ETF would hypothetically rise 3%.\u00a0 The fund has an expense ratio of 0.94% and more than $359 million in net assets, at writing.\u00a0 It has a daily trading volume of more than 21 million shares. If you\u2019re looking for more sector-specific ETFs to trade instead, check out this post to learn about the 4 Top FinTech ETFs to watch!  <\/p>\n","protected":false},"author":41,"featured_media":60261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-60242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/60242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=60242"}],"version-history":[{"count":5,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/60242\/revisions"}],"predecessor-version":[{"id":60262,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/60242\/revisions\/60262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/60261"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=60242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=60242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=60242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}