1 No-Brainer S&P 500 ETF to Buy Right Now for Less Than $500
The Vanguard S&P 500 Growth ETF is a solid idea for both long-term investors and those just starting out.
1 No-Brainer S&P 500 ETF to Buy Right Now for Less Than $500
Overview
The S&P 500 (SNPINDEX: ^GSPC) index is the most widely observed gauge of U.S. stocks, and one reason so many investors pay close attention to it is that it's easy to understand. It's home to 500 -- well, 503, to be precise -- of the leading U.S.-listed stocks, based on multiple criteria that ensure broad representation across the economy.
An easy-to-understand investment objective likely goes a long way toward explaining why the three largest exchange-traded funds (ETFs) listed in the U.S. all track the S&P 500. Still, it should be noted that there are other spins on the venerable index, including growth and value interpretations, among others.
This Vanguard ETF focuses on the S&P 500's growth names. Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
