India, US & Gold topped the SGX ETF market in 2023, with 5 New ETFs Launching
@SGX_Stars:
2023 Performance HighlightsIn 2023, the ETFs that focused on the US and India markets outperformed the other regions, while the ETFs that targeted the China market underperformed. The strong performance of the US and India ETFs was driven by two main factors: the resilience of the US technology sector, which accounted for about one-third of the $S&P 500(.SPX)$ , and the high growth potential of the Indian economy, which is expanding by more than 6% annually. India, US & Gold topped the SGX ETF market in 2023, with 5 New ETFs Launching Different asset classes such as stocks, bonds, gold and REITs had varying returns in 2023, as measured by the ETFs that invest in them. The ETF that invests in gold was the best performer among the other clas