If you’re looking for diversification in your holdings, consider adding exchange-traded funds, or ETFs, to your portfolio.
With the purchase of a single investment, ETFs are baskets of securities that offer you less risk, enable you to track particular indexes or market sectors and can be purchased on exchanges, similar to stocks.
HOW ETFS ALLOW YOU TO DABBLE IN THE HOUSING SECTOR WITHOUT A HEFTY INVESTMENT
If you’re interested in buying ETFs, begin by determining your investment goals. Are you focused on socially-conscious companies, pharma, emerging tech, energy, or the housing sector?
2 ETFS THAT ARE ALL YOU NEED FOR RETIREMENT
ETFs track stock indexes and some focus on particular industries or market segments and others are based on specific investment strategies.
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If you are inclined to purchase an ETF based on the size of the assets, here are the largest, according to Morningstar Direct data and research:
SPDR S&P 500 ETF Trust
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF | 410.61 | -6.78 | -1.62% |
IShares Core S&P 500 ETF
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| IVV | ISHARES TRUST CORE S&P 500 ETF | 412.44 | -6.82 | -1.63% |
Vanguard Total Stock Market ETF
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| VTI | VANGUARD INDEX FUNDS VANGUARD TOTAL STK MKT ETF | 205.84 | -3.34 | -1.60% |
Vanguard S&P 500 ETF
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| VOO | VANGUARD INDEX FUNDS S&P 500 ETF SHS | 377.53 | -6.12 | -1.60% |
Invesco QQQ Trust
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| QQQ | INVESCO QQQ NASDAQ 100 | 306.20 | -8.18 | -2.60% |
