Four European and North American ETFs have outperformed the S&P 500 over the past five years, according to CNBC Pro's Screen. The U.S. benchmark is up 23.3% in 2024 and 24.2% a year ago, making it particularly difficult for the fund to outperform. According to Deutsche Bank, this is only the third time in the past century that the S&P 500 index has experienced consecutive gains of this magnitude. .SPX Line 2024-01-01 CNBC Pro screened more than 10,600 ETFs listed in Europe and North America that outperformed the S&P 500 every year from 2020 to 2024. AIRR In 2024, the best-performing fund on CNBC Pro's list was the First Trust RBA American Industrial Renaissance ETF, up 33.4%. Over the past five years, ETFs are up 167%, while the S&P 500 index is up 97%. The fund tracks the Richard Bernstein Advisors American Industrial Renaissance Index. The index focuses primarily on small- and medium-sized U.S. companies in the industrial and community banking sectors and is a subset of the Russell 2500 Index. JREU London-listed JPMorgan US Research Enhanced Index Equity ETF has outperformed its benchmark every year since 2019. JPMorgan Asset Management funds, which currently manage $13 billion in assets, employ a strategy known as Research Enhanced Indexing (REI). This is an investment that combines index investing and active management. The ETF's co-fund manager, Piera Elisa Grassi, previously told CNBC that the fund is making many small bets rather than a few big bets. The result is a fund that closely mirrors the benchmark in terms of its overall composition, but with slight adjustments aimed at generating excess returns. This fund is available to most European investors. The GSLC Goldman Sachs Active Beta US Large Cap ETF has also outperformed its US benchmark over the past five years. Goldman said the fund tracks an index of stocks with “high value, strong momentum, high quality and low volatility.” The ETF's top 10 holdings are very similar to the S&P 500, but stocks are weighted differently depending on Goldman's proprietary active beta index. The SPDR Portfolio S&P 1500 Composite Stock Market ETF, which tracks a broader index than the SPTM S&P 500, has also outperformed each year over the past five years. The S&P 1500 composite index includes all the stocks that make up the S&P 500, S&P 400, and S&P 600.

