Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you're attracted to large-cap companies that are consistent earners, have high returns on equity, and are the kinds of companies that growth-at-a-reasonable-price investors would seek out, the new Russell Growth at a Reasonable Price ETF
ETFs often sport lower expense ratios than their mutual fund cousins. The Russell ETF's expense ratio -- its annual fee -- is a low 0.37%.
This ETF doesn't have much of a performance to assess yet, as it's less than a year old. As with most investments, of course, we can't expect outstanding performances in every quarter or year. Investors with conviction need to wait for their holdings to deliver.
What's in it?
The ETF has selected some stocks that have performed well over the past year. Boeing
Other companies haven't done as well lately but could rebound in the future. General Electric
Construction and mining equipment giant Caterpillar
Networking titan Cisco
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.