Best and Worst Performing ETFs in May

Best and Worst Performing ETFs in May

There are about 118 percentage points between the best and worst performing European exchange-traded products (ETPs) in May, with returns for the month ranging from 18.5% to -100%.

We have looked at the key trends in the fifth month of the year, excluding inverse and leveraged funds. These instruments, being purely passive products, reflect the evolution of the markets without the bias (good or bad) of an active manager.

According to Morningstar Direct, the top 15 of ETPs is led in May by the VanEck TRON ETN (VTRX). Launched in September 2021, this exchange-traded note tracks the MVIS CryptoCompare TRON VWAP Close index, which is exposed to the Tron protocol, one of the largest blockchain operating systems in the world and currently DeFi (decentralised finance)’s third-largest blockchain in terms of total value locked (around $6 billion).