Investors generally associate exchange-traded funds with stability. ETFs are instruments that hold a basket of funds allowing investors to lower their risk significantly while providing them with diversification.
However, a few ETFs have managed to derive outsized gains for investors compared to the S&P 500 (AMEX: SPY). Here, we take a look at five such growth ETFs that you can consider right now.
Invesco QQQ
In the last decade, the Invesco QQQ ETF (NASDAQ: QQQ) has derived returns of 465% compared to the S&P returns of 211%. The tech-heavy fund has a forward yield of 0.52% and $161.68 billion in net assets.
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The top five holdings of the ETF are Apple, Microsoft, Amazon, Tesla, and Alphabet that account for 36% of the total ETF.
![](https://finbold.com/app/uploads/2021/05/Screenshot_2021-05-17-QQQ-Invesco-QQQ-Trust-Stock-Quote-1024x320.png)
Ark Innovation ETF
Noted investor Cathie Wood who is considered a rising star in Wall Street has launched multiple growth ETFs in the last few years. One such fund is the Ark Innovation ETF (AMEX: ARKK). It has $28 billion in assets under management and has returned 404% in less than seven years compared to the 111% gains of the S&P 500.
The Ark Innovation has $28 billion in assets under management, and the top five holdings account for more than 33% of the fund. Here, you get exposure to growth stocks such as Tesla, Square, Teladoc, Roku, and Baidu.
![](https://finbold.com/app/uploads/2021/05/Screenshot_2021-05-17-ARKK-ARK-Innovation-ETF-Stock-Quote-1024x320.png)
Ark Fintech Innovation ETF
If you are eyeing the highly disruptive fintech space, you can look to buy the Ark Fintech Innovation ETF (ARCA: ARKF), another fund from Cathie Wood’s stable.
With $4.7 billion in assets under management, the ETF has returned 126.5% since its inception in 2018. Comparatively, the S&P 500 has gained 57.37% in this period.
![](https://finbold.com/app/uploads/2021/05/Screenshot_2021-05-17-ARKF-ARK-Fintech-Innovation-ETF-Stock-Quote-1024x320.png)
Vanguard Growth Index Fund
With a dividend yield of 0.61% and close to $160 billion in assets under management, the Vanguard Growth Index Fund (AMEX: VUG) is another fund growth investors should consider.
This ETF is up 308% in the last decade and tech heavyweights such as Apple, Microsoft, Amazon, Facebook, and Alphabet account for 36% of the fund.
![](https://finbold.com/app/uploads/2021/05/Screenshot_2021-05-17-VUG-Vanguard-Growth-Index-Fund-ETF-Shares-Stock-Quote-1024x320.png)
First Trust Cloud Computing ETF
The cloud-computing segment is a high growth vertical, and the First Trust Cloud Computing ETF (NASDAQ: SKYY) is one of the best funds for you to get exposure to growth stocks part of a rapidly expanding market.
The SKYY ETF has $6.24 billion in net assets and has returned close to 370% since May 2011.
![](https://finbold.com/app/uploads/2021/05/Screenshot_2021-05-17-SKYY-First-Trust-Cloud-Computing-ETF-Stock-Quote-1024x320.png)