NGX ETFs Surge 35-322% in January 2026 as Investors Seek Sector Exposure
Nigerian Exchange (NGX) ETFs delivered extraordinary returns in January 2026, with performance ranging from 35% to 322% year-to-date (YTD), significantly outperforming the NGX-All-Share Index's 6.27% return. This surge reflects growing investor preference for targeted sector exposure rather than broad market investments. Top performers included Vetiva Consumer Goods ETF (45.18% YTD), Lotus Halal Equity ETF (40%), and Stanbic IBTC ETF 30 (37.18%), with total ETF trading volume reaching 6.33 million units worth N1.51 billion. Vetiva Consumer Goods ETF, focusing on Nigeria's expanding consumer market, rose from N39 to N56.62, demonstrating strong demand for consumer sector plays. The performance suggests institutional and retail investors are increasingly seeking low-cost, diversified exposure to specific sectors like banking, consumer goods, and sovereign assets.