Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you want to add a bunch of companies experiencing significant growth to your portfolio, the Vanguard Growth ETF
ETFs often sport lower expense ratios than their mutual fund cousins. The Vanguard ETF's expense ratio -- its annual fee -- is an ultra-low 0.12%. (Vanguard is known for very low fees.)
This ETF has performed rather well, beating the S&P 500, on average, over the past three- and five-year periods. 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.
With a low turnover rate of 23%, this fund isn't frantically and frequently rejiggering its holdings, as many funds do.
What's in it?
Plenty of growth companies had strong performances over the past year. Apple
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Other companies didn't do as well last year but could see their fortunes change in years to come. Boeing
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.