These 15 ETFs made you a killing in the first quarter

AP Photo/Seth Wenig

The best performing exchange-traded fund so far this year tracks cannabis stocks.

The top 15 ETFs have all gained at least 26% in 2019.

ETFs tracking Chinese equities made the most frequent appearance, taking six of the top 15 slots.

Many exchange-traded funds have rocketed higher in 2019 alongside a broader recovery in markets, driven by the Fed's "pause" of its interest-rate hikes as well as the adoption of a more dovish outlook. In addition, fears of a recession in the US have eased, with market commentators indicating the worst of the slowdown may even have passed in the US and China. ETFs tracking the surging Chinese stock market took the lion's share of the top 15 spots, with six making an appearance. Meanwhile, an ETF tracing the red-hot cannabis industry led the pack, posting a return of 46%. Top holdings of the ETF include Aurora Cannabis, GW Pharmaceuticals, and Cronos Group, which have soared amid moves towards the legalization of marijuana production and distribution in the US. Check out the 15 top-performing ETFs of Q1, excluding levered ETFs and those with assets under $100 million from our selection:
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