The L.A. Lakers Delivered a 1-Year Return of 25%. These ETFs Have Done Even Better.
Most people don't have $12.5 billion to buy the L.A. Lakers. But with stock ETFs, you could earn a higher return than the Lakers' owners.
The Los Angeles Lakers sold for $12.5 billion, marking a 25% return on investment for their new owners over the past year. While impressive, some diversified stock ETFs have outperformed the Lakers in the same timeframe. Three notable ETFs that have delivered even better returns include the Invesco Nasdaq 100 ETF (NASDAQ: QQQM) with a 26% gain, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) with a 30% return, and the Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) with a 35% return.
These ETFs offer investors a variety of investment options, from tech-heavy stocks to international blue-chip companies that pay high dividends.
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