Two Elite Index Funds Compared: Which Deserves a Spot in Your Long-Term Portfolio?
It's hard to bet against one of the best Vanguard ETFs, but this Schwab fund might be a better buy.
Overview
Sometimes, when deciding how to invest your money, the best way to start is by purchasing index funds. These broadly diversified exchange-traded funds (ETFs) make it possible to own hundreds or thousands of stocks all at once, with low fees, and without having to pick individual shares.
The best index funds make it easy to invest in the entire U.S. stock market, as defined by the 500 largest companies in the S&P 500. For example, the Vanguard S&P 500 ETF (NYSEMKT: VOO) has more than $1 trillion in investor assets tracking the performance of the S&P 500.
Details
Other index funds let you own even more stocks than that, all in one trade and one ticker. The Schwab U.S. Broad Market ETF (NYSEMKT: SCHB) holds more than 2,000 stocks of all sizes, not just the 500 largest.
Source
Originally published at www.fool.com.