April was certainly a solid month for stocks, but will this month pay homage to the “Sell in May and Go Away” strategy or will we see a new trend emerge? Of course, many investors would prefer to play the long game and own high quality companies in a diversified basket of stocks via an ETF holding. While some of the below list will present some value, and some will look overseas for an advantage, all of them have been rated as our Top Buy ETFs for the month of May. These picks should help you diversify and mitigate risk inside your portfolio, and hopefully provide some upside throughout the month. Q.ai’s deep learning algorithms have identified several ETFs to do some due diligence on for May, based on their fund flows over the last 90-days, 30-days, and 7-days.
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Invesco DWA Consumer Staples Momentum ETF (PSL)
The Invesco DWA Consumer Staples Momentum ETF
Invesco S&P 500 Momentum ETF (SPMO)
Another Invesco ETF makes our Top Buy ETFs for the month with the Invesco S&P 500 Momentum ETF
Vanguard Total Bond Market ETF (BND)
Next on our Top Buy Monthly ETFs list is a set of bond etfs, starting with the Vanguard Total Bond Market ETF
iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
The iShares iBoxx $ High Yield Corporate Bond ETF
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
The next bond Top Buy for the month is the iShares iBoxx $ Investment Grade Corporate Bond ETF
SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
The final bond Top Buy ETF for the month is the SPDR Bloomberg Barclays High Yield Bond ETF
Emerging Market ETFs
iShares MSCI South Korea ETF (EWY)
The next 2 ETFs on our Top Buys for the month are in emerging markets, starting with the iShares MSCI South Korea ETF
WisdomTree Japan SmallCap Dividend Fund (DFJ)
The next Top Buy ETF for the month is the WisdomTree Japan SmallCap Dividend Fund
iShares S&P Mid-Cap 400 Value ETF (IJJ)
Our final ETF highlighted for the Top Buy Monthly ETFs is a value play in the iShares S&P Mid-Cap 400 Value ETF
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