#NasdaqETFUpdate

Wall Street is trading near record levels. The S&P 500 just closed above the key 6,000 level — the highest level since February. A mix of macroeconomic resilience and a de-escalation in the public feud between President Donald Trump and Tesla CEO Elon Musk has brightened investors’ sentiment.

The optimism has fueled a surge in single-stock ETFs. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without having to buy the stock directly. Single-stock ETFs tap the gambling mindset that exists in markets.

There are around 100 single-stock ETFs on the market. We have highlighted five single-stock ETFs that doubled over the past month.