Top-Performing ETF Areas of July

Market Performance - Wall Street showed moderate performance in July, with SPDR S&P 500 ETF Trust (SPY) increasing by approximately 2.2%, SPDR Dow Jones Industrial Average ETF Trust (DIA) rising by about 0.1%, and Invesco QQQ Trust, Series 1 (QQQ) gaining around 2.4% [1] - Notable earnings reports included strong performances from Microsoft and Meta, while Amazon exceeded Q2 earnings and revenues but faced a decline in shares due to weak Q3 guidance; Apple experienced a surge following its earnings report [1] U.S. Economic Indicators - The U.S. economy rebounded in Q2 2025, with GDP growing at an annualized rate of 3%, surpassing the forecasted 2.6% growth [2] - However, July jobs data revealed a disappointing increase of only 73,000 nonfarm payrolls, significantly below the expected 100,000, with prior months' figures revised downwards, indicating a prolonged labor market slowdown [3] Eurozone Economic Growth - Eurozone economic growth exceeded expectations in the last quarter, with GDP rising by 0.1% quarter on quarter, outperforming forecasts of no change [5] - Strong performances from Spain, France, and Ireland helped mitigate contractions in Germany and Italy, potentially reducing the need for further interest rate cuts by the European Central Bank [4][5] Housing Market - New U.S. single-family home sales saw a marginal increase of 0.6% in June, reaching a seasonally adjusted annual rate of 627,000 units, but fell short of the expected 650,000 units [6] Cryptocurrency Market - Ethereum experienced significant growth in July, with prices increasing by over 35%, driven by the signing of the GENIUS Act into law [7] - Invesco Galaxy Ethereum ETF (QETH) rose by 31.5% and 21Shares Core Ethereum ETF (CETH) increased by 36.2%, reflecting positive sentiment in the crypto market [7][8] Shipping Industry - Breakwave Dry Bulk Shipping ETF (BDRY) saw an increase of 25.8% as shipping stocks rebounded due to rising tensions on key trade routes, which pushed up freight rates, particularly for tankers [9][10] Semiconductor Sector - Chip stocks, particularly NVIDIA and AMD, showed strong performance, with AMD gaining 24.5% and benefiting from robust Data Center and Client revenues, while NVIDIA's stock rose 9% due to growth in artificial intelligence and high-performance computing [11][12] Cannabis Industry - Cannabis stocks rose in July, with AdvisorShares Pure US Cannabis ETF (MSOS) increasing by 27.3%, following indications that the President supports rescheduling cannabis, which could benefit veterans and scientific research [13]