Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you think there's money to be made in focusing on companies where insiders have been snapping up shares, the Guggenheim Insider Sentiment ETF
The basics
ETFs often sport lower expense ratios than their mutual fund cousins. The Insider ETF's expense ratio -- its annual fee -- is 0.60%, which is a bit higher than many ETFs, but stil far lower than the typical stock mutual fund.
This ETF has performed reasonably well, outperforming the S&P 500
With a low turnover rate of 65%, this fund does a fair amount of trading, although it isn't frantically and frequently rejiggering its holdings as many funds do. The turnover simply reflects the changing purchases of insiders.
What's in it?
Several of this ETF's components made strong contributions to its performance over the past year. Internet advertising concern ValueClick
Other companies didn't add as much to the ETF's returns last year but could have an effect in the years to come. Prepaid-bank-card issuer NetSpend Holdings
The big picture
A well-chosen ETF can grant you instant diversification across any industry or group of companies -- and make investing in and profiting from it that much easier.
Learn about the best dividend ETFs. And if you're looking for some great investments beyond ETFs, consider these 10 Stocks for Your Retirement Portfolio.