The Smartest Vanguard ETF to Buy With $1,000 Right Now
The S&P 500 keeps hitting record highs, but dig deeper, and you'll find only a handful of stocks are actually doing the heavy lifting. Here's why one Vanguard ETF offers a smarter way to invest $1,000 right now.
The Smartest Vanguard ETF to Buy With $1,000 Right Now
Overview
There's something interesting going on in the stock market. The S&P 500 is hitting record high after record high, but of the 500 companies in the index, only about 20 are actually trading at their own all-time highs.
The high-flying AI-linked megacaps -- companies like Nvidia, Microsoft, and Meta -- are pushing the index higher while hundreds of individual stocks from less flashy parts of the economy are falling behind.
Details
I think it's a perfect time to diversify and broaden your exposure away from these AI names into more value-driven stocks. That's why, for my money, the smartest Vanguard exchange-traded fund at the moment is the Vanguard Value ETF (NYSEMKT: VTV).
Source
Originally published at www.fool.com.
