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
Philip Morris International
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.
Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Apple, but she holds no other position in any company mentioned. Click here to see her holdings and a short bio. The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Philip Morris International and Apple, as well as creating a bull call spread position in Apple. The Motley Fool has a disclosure policy.