The stock market is about to do something extraordinary: rise more than 20% for two consecutive years. The S&P 500 index is up 24.73% since the beginning of the year, slightly higher than last year's gain of 24.23%, according to FactSet data. According to Deutsche Bank, this is only the third time in the past 100 years that gains of this magnitude have occurred in succession. However, despite this unusual trend, two actively managed ETFs outperform the index. The London-listed JPMorgan US Research Enhanced Index Equity ETF, which trades under the ticker JREU, has consistently outperformed its benchmark not only this year and last year, but every year since 2019, and will continue to outperform its benchmark in 2024. exceeds. The publicly traded Gotham Enhanced 500 ETF (ticker GSPY) has seen similar gains since 2021. JREU The JPMorgan Asset Management Fund, which currently manages $9.41 billion in assets, employs 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. JREU-GB .SPX 5Y Line GSPY Gotham Enhanced 500 ETF is a new fund, so it has a short track record of outperformance. However, it has outperformed the S&P 500 every year since its inception in 2021. Gotham ETF funds are listed on the New York Stock Exchange, so US investors can access them through most brokers. According to Gotham ETF, the fund “purchases all 500 stocks in the S&P 500 index, but changes its weighting to buy more stocks that are believed to be cheaper and more stocks that are believed to be more expensive.” “We are reducing the GSPY .SPX 5Y line
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