## [# Best Performing ETFs of 1H 2022](/sections/news/best-performing-etfs-1h-2022)
# Best Performing ETFs of 1H 2022
These funds bucked the downtrend in the broader financial markets.
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[By Sumit Roy ](/authors/sumit-roy)
Jul 06, 2022
Edited by: Sumit Roy
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*\[**Editor's Note:** This article is updated throughout the year with the most current market data. Click* [*here* ](https://www.etf.com/sections/features-and-news/best-performing-etfs-2021)*for the previous edition.\]*
Few ETFs have escaped the vicious selling in financial markets this year. As of the end of June, a mere 7% of U.S.-listed ETFs were in the green on a year-to-date basis.
One group, however, has managed to buck the trend in a big way—commodity ETFs, and particularly, energy ETFs. In fact, nearly every fund within the top 25 best-performing ETFs of the first half of 2022 fit within those categories.
That includes the top-performing [**GS Connect S&P GSCI Enhanced Commodity TR Strategy Index ETN (GSCE)**](https://www.etf.com/GSCE), the [**United States Gasoline Fund (UGA)**](https://www.etf.com/uga), the [**United States Brent Oil Fund (BNO)**](https://www.etf.com/bno) and the [**United States Natural Gas Fund (UNG)**](https://www.etf.com/ung), each up more than 50%.
When excluding inverse and leveraged funds, the threshold to make the top 25 ETFs of the first half of 2022 was 30%, an excellent return in a year in which the [**SPDR S&P 500 ETF Trust (SPY)**](https://www.etf.com/spy) is down by 20% and the [**iShares Core U.S. Aggregate Bond ETF (AGG)**](https://www.etf.com/agg) is lower by 10.2%.
**Noncommodity Winners**
While commodity-related ETFs have comprised the vast majority of this year’s top-performing ETFs, a few noncommodity funds managed to sneak into the top 25.
The [**Simplify Interest Rate Hedge ETF (PFIX)**](https://www.etf.com/pfix) and the [**FolioBeyond Rising Rates ETF (RISR)**](https://www.etf.com/risr), both of which benefit from the current interest rate environment, gained 51% and 31%, respectively.
The [**KFA Mount Lucas Index Strategy ETF (KMLM)**](https://www.etf.com/kfa), which owns a combination of commodities, currencies and fixed income futures, also made it into the top 25, with a return of 31%.
For a full list of the best-performing ETFs of the year, see the table below:
**Best Performing ETFs Of The Year (excluding leveraged/inverse)**
TickerFundYTD Rtn[**GSCE** ](https://www.etf.com/GSCE)[**GS Connect S&P GSCI Enhanced Commodity Total Return Strategy Index ETN**](https://www.etf.com/GSCE)**+69.94%**[**UGA** ](https://www.etf.com/uga)[**United States Gasoline Fund LP**](https://www.etf.com/uga)**+65.58%**[**RJN** ](https://www.etf.com/rjn)[**ELEMENTS Linked to the Rogers International Commodity Index - Energy To Return**](https://www.etf.com/rjn)**+62.12%**[**JJE** ](https://www.etf.com/jje)[**iPath Series B Bloomberg Energy Subindex Total Return ETN**](https://www.etf.com/jje)**+60.00%**[**BNO** ](https://www.etf.com/bno)[**United States Brent Oil Fund LP**](https://www.etf.com/bno)**+56.58%**[**UNL** ](https://www.etf.com/unl)[**United States 12 Month Natural Gas Fund LP**](https://www.etf.com/unl)**+54.09%**[**DBE** ](https://www.etf.com/dbe)[**Invesco DB Energy Fund**](https://www.etf.com/dbe)**+53.22%**[**UNG** ](https://www.etf.com/ung)[**United States Natural Gas Fund LP**](https://www.etf.com/ung)**+52.20%**[**GAZ** ](https://www.etf.com/gaz)[**iPath Series B Bloomberg Natural Gas Subindex Total Return ETN**](https://www.etf.com/gaz)**+51.56%**[**PFIX** ](https://www.etf.com/pfix)[**Simplify Interest Rate Hedge ETF**](https://www.etf.com/pfix)**+50.45%**[**USO** ](https://www.etf.com/uso)[**United States Oil Fund LP**](https://www.etf.com/uso)**+47.81%**[**OIL** ](https://www.etf.com/oil)[**iPath Pure Beta Crude Oil ETN**](https://www.etf.com/oil)**+46.08%**[**OILK** ](https://www.etf.com/oilk)[**Proshares Trust-Proshares K-1 Free Crude Oil Strategy Etf**](https://www.etf.com/oilk)**+44.89%**[**GSP** ](https://www.etf.com/gsp)[**iPath GSCI Total Return Index ETN**](https://www.etf.com/gsp)**+42.14%**[**USL** ](https://www.etf.com/usl)[**United States 12 Month Oil Fund LP**](https://www.etf.com/usl)**+41.64%**[**GSG** ](https://www.etf.com/gsg)[**iShares S&P GSCI Commodity Indexed Trust**](https://www.etf.com/gsg)**+35.01%**[**DBO** ](https://www.etf.com/Gdbo)[**Invesco DB Oil Fund**](https://www.etf.com/Gdbo)**+34.61%**[**PXE** ](https://www.etf.com/pxe)[**Invesco Dynamic Energy Exploration & Production ETF**](https://www.etf.com/pxe)**+34.56%**[**COMT** ](https://www.etf.com/comt)[**iShares GSCI Commodity Dynamic**](https://www.etf.com/comt)**+32.58%**[**XLE** ](https://www.etf.com/xle)[**Energy Select Sector SPDR Fund**](https://www.etf.com/xle)**+31.42%**[**KMLM** ](https://www.etf.com/kmlm)[**KFA Mount Lucas Index Strategy ETF**](https://www.etf.com/kmlm)**+31.36%**[**RISR** ](https://www.etf.com/risr)[**FolioBeyond Rising Rates ETF**](https://www.etf.com/risr)**+30.92%**[**RYE** ](https://www.etf.com/rye)[**Invesco S&P 500 Equal Weight Energy ETF**](https://www.etf.com/rye)**+30.63%**[**VDE** ](https://www.etf.com/vde)[**Vanguard Energy ETF**](https://www.etf.com/vde)**+30.47%***Data measures total returns for the year-to-date period through June 30.*
*Follow Sumit on Twitter @sumitroy2*
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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)
Related Topics [Equity](http://www.etf.com/topics/equity)
[Fixed Income](http://www.etf.com/topics/fixed-income)
[Bond](http://www.etf.com/topics/bond)
[Commodities](http://www.etf.com/topics/commodities)
[Energy](http://www.etf.com/topics/energy)