The Best ETFs to Watch

Roberto Rivero

Exchange-Traded Funds (ETFs) make investing in funds much more accessible to retail investors and, consequently, have grown enormously in popularity over the last decade. This increase in popularity has led to thousands of new ETFs springing up in recent years. With so much choice, it can be difficult for investors to know what the best ETFs to buy are.

So, which are the best ETFs for 2024? In this article, we will examine 5 top ETFs to watch this year.

The Best ETFs to Watch in 2024

After a turbulent year in 2022, the economic outlook steadied in 2023. After a period of aggressive monetary policy tightening by central banks, inflation fell in many economies and, although it remains above target levels, it appears to still be moving in the right direction.

With concerns around inflation falling, many are starting to talk about interest rate cuts, with the Federal Reserve in the US signalling that such cuts may not be far away. However, particularly in Europe, the cost of living remains high, and economic growth has slowed to a crawl.

The Bank of England (BoE) and the European Central Bank (ECB) don’t expect inflation in the UK and the eurozone to return to target levels until 2025. Both have also indicated that interest rates will remain elevated for some time to come.

Given this complicated backdrop, what are the best ETFs to invest in this year? In the following sections, we will examine the prospects of 5 top ETFs for investors to watch in 2024. However, it is important to note that what constitutes the “best” ETF will vary depending on the circumstances of each individual investor and their respective investment goals.

Investing with Admirals

With an Invest.MT5 account from Admirals, you can invest in some of the best performing ETFs from around the world, as well as over 4,500 different shares from 15 of the world’s largest stock exchanges! Click the banner below in order to register for an account today:

Invest in the world’s top instruments

Thousands of stocks and ETFs at your fingertips

Vanguard S&P 500 UCITS ETF

Ongoing Charge Distribution Yield 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
0.07% 1.23% 25.91% 31.97% 104.80% 200.90%

Data as of 31 December 2023 (Distribution Yield as of 15 January 2024). Past performance is not a reliable indicator of future results.

The S&P 500 index plummeted more than 20% in 2022, but bounced back in 2023, gaining 24% by the end of the year. With the Fed signalling interest rate cuts may be on the way, the index could be set to enjoy another positive year.

The S&P 500 is a stock index which tracks the performance of 500 of the largest companies listed on the US stock exchanges. The long-term performance of this index has been exceptional, producing an average total annual return of around 10% for more than five decades.

Although 10% may not sound like a terribly striking figure, over the long-term, this kind of growth has the potential to create significant wealth for investors who contribute to their investments regularly.

This impressive long-term growth means that ETFs which track the S&P 500 are frequently touted amongst the best ETFs to buy and hold for the long-term. One such ETF is the Vanguard S&P 500 UCITS ETF, which boasts very low fees.

An investment in this S&P 500 ETF offers investors instant diversification over 500 successful US companies from a variety of industries. However, investors may want to consider that the index is becoming increasingly weighted towards technology stocks which could cause issues if this industry struggles in the future, as it did in 2022.


Ongoing Charge Distribution Yield 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
0.33% 0.31% 54.22% 31.54% 171.74% 390.49%

Data as of 31 December 2023 (Distribution Yield as of 15 January 2024). Past performance is not a reliable indicator of future results.

After struggling for most of 2022, technology stocks roared back to life in 2023. In fact, much of the S&P 500’s gains last year came from a handful of mega-cap tech stocks. So, what if you want to focus your investment more on the technology sector? What are the best tech ETFs?

The Nasdaq-100 index is composed of 100 of the largest non-financial companies listed on the Nasdaq Stock Exchange. Although the index spans a number of industries, it is heavily skewed towards technology.

Consequently, for those feeling bullish on the tech sector, an ETF tracking the Nasdaq-100 may be an option for 2024. The iShares NASDAQ-100 UCITS ETF is one such ETF.

After a year to forget in 2022, when the ETF fell more than 30%, the iShares NASDAQ-100 UCITS ETF soared more than 50%, placing it amongst the best performing ETFs in 2023.

However, if you are thinking of investing in this ETF in 2024, it is important to bear in mind that, as the Nasdaq-100 is a market capitalisation weighted index, the performance of this ETF is strongly influenced by just a handful of companies.

Although the Nasdaq-100 uses a modified market capitalisation weighting method, which limits the influence of the largest companies on the index, the following eight companies account for almost 43% of the entire fund.

  • Microsoft
  • Apple
  • Amazon
  • Broadcom
  • Meta Platforms
  • Nvidia
  • Tesla
  • Alphabet (Google)

As things stand then, the success of this ETF is heavily dependent on the continued success of these companies.

Whilst these stocks have been some of the best performing stocks in recent years and, consequently, have contributed to this being one of the best performing ETFs over the last decade, their continued growth is not guaranteed. Investors should, therefore, bear this in mind before investing in a Nasdaq-100 ETF.

iShares STOXX Europe 600 Banks UCITS ETF

Ongoing Charge Distribution Yield 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
0.47% 4.57% 26.97% 79.15% 53.97% 24.76%

Data as of 31 December 2023 (Distribution Yield as of 15 January 2024). Past performance is not a reliable indicator of future results.

One of the industries which have benefitted from rising interest rates over the last two years has been banking. After operating on record low interest rates since the financial crisis in 2008, higher rates have allowed banks to generate more from their lending operations.

However, whilst higher rates tend to lead to higher net interest income, they can also lead to an increase in bad debt, as customers struggle with repayments. Consequently, interest rates staying at restrictive levels for too long wouldn’t be beneficial for banks.

Despite hawkish rhetoric from the BoE and ECB, the markets currently anticipate that both will be forced to start cutting rates by summer 2024 in order to avoid an economic downturn.

As interest rates begin to fall, they may arrive at more of a “sweet spot” which allows banks to earn more money from lending than they have for much of the last decade, whilst lowering the risk of increased loan defaults.

The iShares STOXX Europe 600 Banks UCITS ETF tracks an index composed of European banks. However, it’s important to remember that the banking industry is cyclical. A recession in Europe would undoubtedly have a negative impact on this ETF.

SPDR S&P Global Dividend Aristocrats UCITS ETF

Ongoing Charge Distribution Yield 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
0.45% 4.22% 7.41% 16.27% 28.11% 52.49%

Data as of 31 December 2023 (Distribution Yield as of 15 January 2024). Past performance is not a reliable indicator of future results.

For those seeking additional income, the best ETF to watch in 2024 may be one which is composed of dividend paying stocks.

The SPDR S&P Global Dividend Aristocrats UCITS ETF tracks an index which is made up of companies from around the world which have increased or maintained dividend payments for at least 10 consecutive years.

There are other similar ETFs which track indices composed dividend aristocrats from more specific regions, such as the UK and Europe. However, the Global Dividend Aristocrats Index offers geographical diversification, which will reduce investors exposure to any particular region. Although, it should be noted that US stocks account for 50% of this ETF.

iShares MSCI India UCITS ETF

Ongoing Charge Distribution Yield 1-Year Total Return 3-Year Total Return 5-Year Total Return 10-Year Total Return
0.65% N/A 19.74% 37.04% 68.23% N/A

Data as of 31 December 2023. Past performance is not a reliable indicator of future results.

India is home to one of the world’s largest and fastest growing economies. For the year ending March 2024, India is estimated to record economic growth of 7.3%, which would represent the third consecutive year of economic growth exceeding 7%.

And economic growth is forecast to continue in the years ahead. By 2028, India is forecast to be the third largest economy in the world, overtaking Japan and Germany. Looking much further ahead, Goldman Sachs Research projects that India will have the second largest economy in the world by 2075.

Consequently, investors have been paying an increasing amount of attention to the country. Amidst this favourable sentiment and remarkable economic growth, the Indian stock market has performed well recently.

With the Indian economy forecast to record strong growth over the coming years, India ETFs may represent some of the best ETFs to buy and hold. The iShares MSCI India UCITS ETF tracks a stock index which is composed of large and mid-cap stocks which represent around 85% of the entire Indian stock market.

How to Invest in the Best ETFs for 2024

If you are looking for somewhere to invest in the best ETFs in 2024, look no further than an Invest.MT5 account from Admirals! 

An Invest.MT5 account allows you to invest in over 200 ETFs from some of the world’s largest stock exchanges! In order to start investing in ETFs today, follow these steps:

  • Open an Invest.MT5 account and log in to the Dashboard
  • Open the MetaTrader WebTrader
  • Search for the top ETF you want to invest in and open the price chart
  • Press ‘Create New Order’, enter the number of shares and click ‘Buy’ to send your order to the market!
Depicted: Admirals MetaTrader WebTrader – Vanguard S&P 500 UCITS ETF Daily Chart. Date Captured: 9 January 2024. Past performance is not a reliable indicator of future results.

Trade on a Risk-Free Demo Account

If you are interested in investing but don’t feel ready for the live markets, a demo trading account could be just the thing. A risk-free demo account from Admirals allows you to practice trading and investing in realistic market conditions without risking your money! Click the banner below to open your free demo account today:

Trade with a risk-free demo account

Practise trading with virtual funds


What is UCITS ETF?

A UCITS ETF is an Exchange-Traded Fund which complies with the Undertakings for Collective Investment in Transferable Securities (UCITS), which is the regulatory framework for funds based in the EU.

How to buy ETFs in UK?

In order to buy ETFs in the UK, you must register with a broker which offers the ability to invest in ETFs. At Admirals, clients can buy shares in more than 200 ETFs from around the world.

How do bond ETFs work?

Bond ETFs are Exchange-Traded Funds which use a pool of investor money to invest in government and/or corporate bonds.

How do accumulating ETFs work?

An accumulating ETF is an Exchange-Traded Fund in which any dividends paid out by its holdings are automatically reinvested back into the ETF rather than distributed amongst ETF shareholders. This has the effect of increasing the value of each shareholder’s stake without them doing anything, allowing them to potentially benefit from the compounding effect over time.


The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following:

  • This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research. 
  • Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content. 
  • With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest. 
  • The Analysis is prepared by an independent analyst Roberto Rivero, Freelance Contributor (hereinafter "Author") based on personal estimations. 
  • Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis. 
  • Any kind of past or modelled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed. 
  • Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved. 
Top 5 Index Funds for 2024
An index fund is an investment product that tracks a specific basket of stocks or bonds. They are similar to mutual funds and provide investors with broad diversification at a low cost.If you’re interested in learning more about the best index funds to buy, the pros and cons of investing in index fu...
Best BlackRock ETFs for 2024
An investor performing research on Exchange-Traded-Funds (ETFs) will quickly stumble across the names ‘iShares’ and ‘BlackRock’. What exactly iShares or BlackRock ETFs are, and the advantages and disadvantages of investing in them, are covered in this article. A list of noteworthy ETF and index inve...
Best Lithium ETFs to Watch for 2024
Lithium is the chief component of lithium-ion batteries, which power phones and electric cars. This article explains lithium ETFs, their pros and cons, and provides a list of some of the best lithium ETFs to watch. Table of Contents What are Lithium ETFs? Best Lithium ETFs to Watch How to In...
View All