VOO vs. VTI: Which Vanguard ETF Is More Likely to Make You a Millionaire?
Both of these funds have been winners in recent years.
Overview
Exchange-traded funds, or ETFs, are a great way to gain exposure to a large number of stocks in one go. Why would you want to do this rather than just invest in a few stocks? This adds diversification to your portfolio, lowering risk. For example, if a particular sector or certain stocks traverse a rough patch, others within the fund may compensate. As a result, these ETFs are unlikely to deliver extreme movements in one direction or the other over a short period of time.
And over the long term, they've often gone on to recover and gain significantly after tough times, meaning that investors who have held on for years have scored a win. So, a solid ETF could make a smart addition to your portfolio.
Details
Two in particular, offered by Vanguard, stand out for their composition and strength over time. I'm talking about the Vanguard S&P 500 ETF (NYSEMKT: VOO) and the Vanguard Morningstar Total Stock Market ETF (NYSEMKT: VTI). Now let's consider which of these top ETFs is more likely to make you a millionaire.
Source
Originally published at www.fool.com.