Good/Bad idea to have an ETF that encompasses another
What is a good mix of ETFs?
7 of the best ETFs to buy for long-term investors:
- SPDR Portfolio S&P 500 ETF (SPLG)
- Invesco S&P 500 Equal Weight ETF (RSP)
- Vanguard Mega Cap ETF (MGC)
- Schwab U.S. Small-Cap ETF (SCHA)
- iShares Core S&P Mid-Cap ETF (IJH)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core U.S. Aggregate Bond ETF (AGG)
What are the pros and cons of ETFs?
Pros vs. Cons of ETFs
| Pros | Cons |
|---|---|
| Lower expense ratios | Trading costs to consider |
| Diversification (similar to mutual funds) | Investment mixes may be limited |
| Tax efficiency | Partial shares may not be available |
| Trades execute similar to stocks |