December has historically been a bullish month for Wall Street. In fact, we recently outlined the best stocks to own in December, as well as the stocks to avoid, if past is prologue. But what about specific sectors? Historical data indicates that one exchange-traded fund (ETF) in particular tends to shine in the final month of the year: the PowerShares Dynamic Leisure & Entertainment (NYSE:PEJ).
Below are the 10 best ETFs to own in December, looking back 10 years, per Schaeffer’s Senior Quantitative Analyst Rocky White. The list is sorted by percent positive, with PEJ the lone fund to boast a 90% monthly win rate. On average, PEJ has advanced 3.49% in the month of December — the highest of all funds that we track.
Read more at : https://www.investing.com/analysis/best-sectors-for-december-200364248
