September 07, 2007 at 1:00 am by Tom Lydon
Are you looking for an all-around exchange traded fund (ETF) that features a low expense ratio, diversification and a solid $8.5 billion in assets?
It’s here: The Vanguard Total Market ETF (VTI) has all these features plus a track record to back it up, as it has been around since 2001. It has an expense ratio of 0.07%, most likely from a low turnover rate of 4%. Zoe Van Schyndel for The Motley Fool says she especially likes this ETF because it is the most diversified of many portfolios. VTI tracks the MSCI U.S. Broad Market Index that represents 99.5% of the U.S. equity market. This ETF has more than 3,500 securities picked from consumer discretionary, energy and consumer staples. The funds solid one-, three- and five-year annualized returns are respectively, 15.3%, 13.2% and 13.1%. Currently, VTI is up 14.7% over the past year.
Tags: Consumer Staples, VTI
Subscribe to Our RSS Feed
