3 ETFs to Invest During the Profitable Market Drops - Vanguard

In recent days, the Dow Jones Industrial Average, S&P 500, and the technology-heavy NASDAQ 100 index have reached new highs. As a result, many stocks, as well as exchange-traded funds (ETFs), gained value in 2021. In this series, we'll be reviewing 3 ETFs to invest with strong returns that are likely to make short-term profits during the profitable market drops, which could offer a better entry point for interested investors.

1.Vanguard Communication Services Index Fund ETF

• Current Price: $144.57
• 52-Week Range: $97.78 - $147.88
• Dividend Yield: 0.62%
• Expense Ratio: 0.1% per year

Vanguard Communication Services Index Fund ETF Shares (NYSE:VOX) is known for its investments in businesses in the communication services sector. Since its establishment in September 2004, net assets have reached to $4.3 billion. VOX mainly tracks the returns of the MSCI US IMI Comm Services 25/50 Index. When we look at the sub-sectoral breakdown, the interactive media and services sector comprises the biggest slice with 48.4%, followed by the movies and entertainment sector with 14.9%, and the cable and satellite sector with 11%. The fund’s top 10 names, which include Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), Facebook (NASDAQ:FB), Disney (NYSE:DIS), Netflix (NASDAQ:NFLX) and Comcast (NASDAQ:CMCSA), represents 68% of its assets. Over the past year, the fund has experienced an increase of about 41%, it reached a record high in late July. Trailing P/E and P/B ratios stand at 28.2x and 4.1x. The fund has a high concentration of growth stocks that have benefitted from pandemic lockdowns.   Source: Investing.com