Many investors funnel into big-name ETFs often because they are mentioned by advisors and the media for their large assets under management and high average daily trading volume. However, lesser-known funds targeting similar sector exposure often outperform, according to a report on Benzinga.
The four funds outlined in the article are as follows:
- PowerShares Dynamic Energy Exploration & Production Portfolio (NYSEArca: PXE)
- PowerShares Nasdaq Internet Portfolio (NasdaqGM: PNQI)
- First Trust Financials AlphaDex Fund (NYSEArca: FXO)
- First Trust Materials AlphaDex Fund (NYSEArca: FXZ)
To learn more on the funds mentioned above, go to Benzinga.com.