Value ETFs Poised to Lead Investment Opportunities in 2024: Expert Insights
In a shift from the growth ETFs that saw significant gains in 2023, experts are predicting that value ETFs could become the leading investment opportunity in 2024. Todd Rosenbluth, the Head of Research at VettaFi, recently joined Yahoo Finance Live’s Rachelle Akuffo to discuss several ETF trends expected in the new year.
Rosenbluth highlighted that sectors such as financials, energy, and consumer staples are likely to perform well in 2024 due to the anticipated shift in the interest rate environment. He mentioned that more value-oriented strategies are expected to outperform growth strategies this year.
One of the key trends to watch out for in 2024 is the approval of spot Bitcoin ETFs. Rosenbluth mentioned that multiple spot Bitcoin ETFs are expected to hit the market soon, offering investors various options to choose from based on fees and providers. Established asset managers like Fidelity, BlackRock, and VanEck are also entering the mix, adding to the excitement in the crypto space.
For investors looking for less risky options, Rosenbluth suggested considering dividend-oriented strategies like the ALPS Sector Dividend Dog ETF (SDOG). This ETF focuses on high dividend-yielding stocks across different sectors and could be a good option for investors looking to pivot their portfolios in 2024.
Overall, 2024 is shaping up to be a dynamic year for ETF investors, with a shift towards value-oriented strategies and the potential for significant growth in the crypto space. Stay tuned for more updates on these trends and expert insights to navigate the evolving investment landscape.