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    Investors exploring "investing 1000 dollars" in June 2024 should note that the S&P 500 gained 2.1% in May, driven by strong tech earnings. Analysts forecast continued momentum in AI-related stocks, but caution that inflation data this month may cause volatility. Year-to-date, the First Trust Materials AlphaDEX ETF return is roughly 9.27% so far, and is down about 7.47% over the last 12 months (as of 09/30/2025). FXZ has traded between $46.76 and $67.64 in this past 52-week period. Since savings accounts pay low interest rates on average, they’re generally not a good option for long-term growth. Investing, on the other hand, can provide substantially higher returns in the long run. Small-cap growth funds are catching momentum for "investing 1000 dollars", with Russell 2000 outperforming large caps by 1.4% over the past four weeks.

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