Exchange traded funds (ETFs) are pooled investment products that let you avoid picking individual stocks (and bonds). Generally speaking ETFs track indexes, which further removes the need for trying to pick winners and losers. This is great news for investors who find the very notion of selecting individual stocks a little frightening.
That said, ETFs are increasingly structured around esoteric indexes that may actually end up increasing your risks more than you realize. So you need to be careful and ensure that you understand what every ETF you own does... and why. Here are 10 index-based ETFs that not only help you avoid picking stocks, but also help you to minimize the very market risks that may be underpinning your trepidation.
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