"Whether you're just jumping into the world of trading or nearing retirement, investing in ETFs can help you easily build a reliable portfolio. ETFs stand out for instant diversification. These professionally-managed funds can invest in hundreds or even thousands of stocks. And they are also known for low costs and tax efficiency. But with thousands of ETFs out there, where do you start?"
"The Invesco QQQ Trust ETF tracks the tech-heavy Nasdaq-100, which gives you exposure to the 100 largest non-financial companies in the U.S. And with 60.84% of its holdings anchored in the tech sector, the QQQ will give you access to Magnificent Seven giants like Nvidia ( NASDAQ:NVDA), Apple ( NASDAQ:AAPL), Microsoft ( NASDAQ:MSFT) and Amazon ( NASDAQ:AMZN) QQQ has $385.76 billion in net assets. And it boasts an impressive year-to-date daily total return of 18.20%. You can also benefit from its competitive 0.20% expense ratio."
"The Vanguard Total Stock Market ETF (VTI) tracks the CRSP US Total Market Index. It gives you exposure to more than 3,500 U.S. companies across small, mid- and large cap stocks. It also spans industries including tech, financials, consumer staples and utilities. Here, you'll also find some of the tech behemoths you'd find in QQQ. But you'll also get exposure to financial giants like JPMorgan Chase & Co. ( NYSE:JPM) Visa Inc. (NYSE: V) and Mastercard Inc"
Exchange-traded funds provide instant diversification, low costs, and tax efficiency by pooling investments across many companies. The Invesco QQQ Trust tracks the Nasdaq-100 and allocates 60.84% to technology, offering exposure to large-cap tech leaders like Nvidia, Apple, Microsoft, and Amazon; QQQ holds $385.76 billion, has a year-to-date daily total return of 18.20%, and a 0.20% expense ratio, suiting growth-oriented investors willing to accept sector concentration risk. The Vanguard Total Stock Market ETF (VTI) tracks the CRSP US Total Market Index, spans over 3,500 U.S. companies across all caps and sectors, and provides broader market exposure including major financial firms.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]