Many investors, especially in the U.S., choose an S&P 500 ETF as their core investment. Since 2009, U.S. stocks have outperformed the rest of the world, but no one knows how long this trend will continue. This is why the general recommendation is to invest in a global index, which currently includes a ~65% allocation to U.S. stocks.

Pairing an All-World ETF with an S&P 500 or Nasdaq-100 ETF may not be the best approach, as it can skew your portfolio toward the U.S. more than intended. Many investors lose track of their overall allocation when adding additional U.S.-focused ETFs on top of an already U.S-heavy global index.

S&P 500

Anyhow, if you want to invest to especially to the American markets (e.g. balancing error made before), here is a list of the best performing S&P 500 ETFs. I have explained in the dictionary, why swap-based ETF provides you the best return from American markets.

S&P500 Performance comparison

ETF Ticker Performance 2024 Type, TER
iShares Swap I500 +1.76% Swap, 0.05%
Invesco P500 / SPXS +1.67% Swap, 0.05%
Amundi LYP7 +1.25% Swap, 0.05%
SPDR SPYL, SP5A +0.9% Physical, 0.03%
iShares SRX8, CSPX +0.82% Physical, 0.07%
Vanguard VUAA +0.73% Physical, 0.07%

MSCI USA ~600 companies

There are multiple ETFs available:

ETF Replication, TER
Invesco Swap, 0.05%
Amundi Physical, 0.03%
Xtrackers Physical, 0.07%
iShares Physical, 0.07%
Xtrackers Swap Swap, 0.15%

Nasdaq-100

High-risk index, it took nearly 15 years to recover from the dot-com bubble (2002 - 2015), also has provided extremely good returns lately. Invest to the index with cautiously, like with other technology themed index funds.

Note that 86 out of 100 companies in Nasdaq-100 are already in the S&P 500 index, making this more concentrated.

ETF Ticker Performance 2024 Type, TER
Invesco EQQX, EQSG +0.16% Swap, 0.2%
Amundi LYMS, UST 0.00% Swap, 0.22%
AXA IM ANAU, ANAV -0.2% Physical, 0.14%
Xtrackers XNAS, XNAQ -0.35% Physical, 0.2%
Invesco EQAC, EQQB -0.86% Physical, 0.3%
iShares SXRV, CSNDX -1.02% Physical, 0.3%
Amundi ANX, 6AQQ -1.14% Swap, 0.23%
Amundi 10A4 -1.39% Swap, 0.23%