##  [# Best Performing ETFs of the Year ](/sections/monthly-etf-flows/best-performing-etfs-year) 

 

# Best Performing ETFs of the Year 

 

 

It's been tough to beat SPY, but a number of ETFs have done it.



 

 

 

 

 [![sumit](/sites/default/files/styles/author_image_icon/public/2023-03/Sumit_0.png?itok=SO-7S5SH "sumit")](/authors/sumit-roy) 

[By Sumit Roy ](/authors/sumit-roy)

 Jun 25, 2024

 Edited by: James Rubin

 

 

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With days left before the second quarter ends, U.S. stocks are on track to close out the first half of the year with big gains.   
  
The [**SPDR S&amp;P 500 ETF Trust (SPY)**](https://www.etf.com/SPY) returned a whopping 15.3% in the year-to-date period through June 21, while the [**Invesco QQQ Trust (QQQ)**](https://www.etf.com/QQQ) delivered a 17.4% gain.  
  
Much has been written about the narrow breadth of the U.S. stock market, with just a handful of stocks powering the market’s ascent.   
  
That’s reflected in this year’s ETF performance: Over 90% of U.S.-listed ETFs are underperforming the S&amp;P 500 (though not all of them are stock funds and shouldn’t be benchmarked to the index).  
  
Still, that means that there are nearly 300 ETFs which are outperforming SPY—some by a lot.  
  
That includes the [**T-Rex 2X Long NVIDIA Daily Target ETF (NVDX)**](https://www.etf.com/NVDX) and the [**GraniteShares 2x Long NVDA Daily ETF (NVDL)**](https://www.etf.com/NVDL), which have soared 454% and 399%, respectively, since the start of the year.

![etf.com: NVDX 3-month performance](/sites/default/files/inline-images/Screen%20Shot%202024-06-25%20at%2011.23.04%20AM_0.png)## Nvidia, Crypto ETFs Lead Top Performers

Nvidia, the posterchild for the AI boom, has been on a tear since 2022, when OpenAI released ChatGPT, a chatbot trained using Nvidia’s chips.   
  
But even if you strip out leveraged ETFs, the top performing ETF of this year is tied to Nvidia—the [**YieldMax NVDA Option Income Strategy ETF (NVDY)**](https://www.etf.com/NVDY), with a 95.6% gain.  
  
NVDY generates monthly income by selling covered call options on Nvidia stock.

Another ETF to benefit from Nvidia’s surge is the [**VanEck Semiconductor ETF (SMH)**](https://www.etf.com/SMH), which is up 51.5% year-to-date. The ETF currently has just under 20% of its portfolio allocated to the AI giant.  
  
Outside of those two funds, the top 10 best-performing non-leveraged ETFs of the year are all crypto-related.  
  
The [**Grayscale Bitcoin Trust (GBTC)**](https://www.etf.com/GBTC), the [**Valkyrie Bitcoin and Ether Strategy ETF (BTF)**](https://www.etf.com/BTF), and the [**ProShares Ether Strategy ETF (EETH)**](https://www.etf.com/EETH) are up anywhere from 46% to 65% this year.  
  
For a full list of this year’s 10 best-performing non-leveraged U.S.-listed exchange-traded funds, see the table below:

 
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## Top 10 Best Performing ETFs YTD 2024 

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)[NVDY](https://www.etf.com/nvdy)[YieldMax NVDA Option Income Strategy ETF](https://www.etf.com/nvdy)95.64%-3.12%746.76[GBTC](https://www.etf.com/gbtc)[Grayscale Bitcoin Trust ETF](https://www.etf.com/gbtc)64.76%-3.68%18,095.80[SMH](https://www.etf.com/smh)[VanEck Semiconductor ETF](https://www.etf.com/smh)51.48%-2.82%25,274.64[BTF](https://www.etf.com/btf)[Valkyrie Bitcoin and Ether Strategy ETF](https://www.etf.com/btf)48.10%-2.89%51.34[EETH](https://www.etf.com/eeth)[ProShares Ether Strategy ETF](https://www.etf.com/eeth)46.72%3.73%105.87[ARKY](https://www.etf.com/arky)[ARK 21Shares Active Bitcoin Ethereum Strategy ETF](https://www.etf.com/arky)46.56%-1.59%4.97[BITO](https://www.etf.com/bito)[ProShares Bitcoin Strategy ETF](https://www.etf.com/bito)46.37%-0.78%1,937.73[BETE](https://www.etf.com/bete)[ProShares Bitcoin &amp; Ether Equal Weight Strategy ETF](https://www.etf.com/bete)46.12%1.40%4.42[BETH](https://www.etf.com/beth)[ProShares Bitcoin &amp; Ether Market Cap Weight Strategy ETF](https://www.etf.com/beth)45.92%0.35%7.47[MAXI](https://www.etf.com/maxi)[Simplify Bitcoin Strategy PLUS Income ETF](https://www.etf.com/maxi)45.89%-4.03%22.06***Disclaimer:** All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.*





 

 

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 [ Sumit Roy Senior ETF Analyst ](/authors/sumit-roy) 

 

 

  Sumit Roy is the senior ETF analyst for etf.com and author of (Don't) Invest Like a Pro. He creates a variety of content for the platform, including…   [View Bio](/authors/sumit-roy)

 



 

 


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 [Artificial Intelligence](http://www.etf.com/topics/artificial-intelligence) 

 [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Crypto](http://www.etf.com/topics/cryptocurrency)