From Morningstar: 2024-05-09 04:29:00

Exchange-traded funds (ETFs) are cost-effective tools for investors seeking to track indexes or leverage expert management to outperform the market. ETFs are traded throughout the day on exchanges. In April 2024, the worst-performing ETFs included VanEck Crypto & Blockchain Innovators UCITS ETF (DAPP) and iShares Blockchain Technology UCITS ETF (BLKC), sourced from Morningstar Direct.

The worst-performing ETF in April was the VanEck Crypto & Blockchain Innovators UCITS ETF, which dropped by 22.69%. The iShares Blockchain Technology UCITS ETF saw a 19.23% loss, while the Invesco CoinShares Global Blockchain UCITS ETF fell by 15.95%. The Invesco Solar Energy UCITS ETF lost 9.55%, and the Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF declined by 7.84%.

The HSBC MSCI Indonesia UCITS ETF was the sixth-worst performer, dropping by 7.78%, followed by the Amundi MSCI Indonesia UCITS ETF, which also saw a 7.78% loss. The Xtrackers MSCI Indonesia Swap UCITS ETF had a 7.77% decline, and the Invesco Real Estate S&P US Select Sector UCITS ETF dropped by 7.72%. The WisdomTree Cloud Computing UCITS ETF saw a 7.48% loss in April.

ETFs are traded on stock exchanges and are different from traditional mutual funds. VanEck Crypto & Blockchain Innovators UCITS ETF, iShares Blockchain Technology UCITS ETF, Invesco CoinShares Global Blockchain UCITS ETF, Invesco Solar Energy UCITS ETF, Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF, HSBC MSCI Indonesia UCITS ETF, Amundi MSCI Indonesia UCITS ETF, Xtrackers MSCI Indonesia Swap UCITS ETF, Invesco Real Estate S&P US Select Sector UCITS ETF, and WisdomTree Cloud Computing UCITS ETF were among the worst performers in April 2024.



Read more at Morningstar: The Worst-Performing ETFs of the Month