|Bid||0.00 x 800|
|Ask||77.24 x 1000|
|Day's Range||73.17 - 73.54|
|52 Week Range||57.71 - 73.54|
|PE Ratio (TTM)||32.03|
|YTD Daily Total Return||7.72%|
|Beta (5Y Monthly)||0.98|
|Expense Ratio (net)||0.04%|
Wall Street is once again scaling new highs buoyed by positive news from China and the United States. Amid such scenario, growth investing seems the most compelling strategy.
With 2019 winding down, it's safe to say this has been another exciting year for exchange-traded funds (ETFs) and ETF investors in multiple respects. As of the end of October, U.S.-listed exchange traded products, including ETFs, had $4.15 trillion in combined assets under management, up from $4.05 trillion at the end of September, according to ETGI data.Moreover, this has been another banner year for investors that love cheap ETFs, because that universe continues growing. As of the end of 2018, the asset-weighted average fee for passive index funds, including ETFs, fell to 0.15% compared to 0.67% on actively managed mutual funds, notes Morningstar.There's a reasonably good chance that when the research firm issues its annual fund fee report next year, that 0.15% asset-weighted fee on passive index funds will be even lower because a raft of cheap ETFs have debuted this year and some already inexpensive funds have become even less pricey. For example, Vanguard, always among the favored issuers for users of cheap ETFs, recently pared fees on 15 of its funds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Stocks to Buy Under $10 For bargain hunters, here are some of the best cheap ETFs to consider for the rest of 2019 and into 2020. Cheap ETFs: Vanguard Russell 3000 Index Fund ETF Shares (VTHR)Expense Ratio: 0.15%, or $15 annually per $10,000 investedAmong Vanguard ETFs, the Vanguard Russell 3000 Index Fund ETF Shares (NASDAQ:VTHR) is one that doesn't get a lot of attention, but is part of the aforementioned group of funds that Vanguard recently pared expenses on. Additionally, VTHR is a fine idea for cost-conscious investors looking for broad market exposure.As its name implies, VTHR tracks the Russell 3000 Index, one of the broadest gauges of domestic stocks. In fact, that index represents about 98% of total U.S. equity market capitalization. The fund is diverse with limited single-stock risk as its top 10 holdings combine for just over 19% of the portfolio.Technology and financial services stocks combine for 43% of this cheap ETF's weight. While the Russell 3000 is a different beast than the S&P 500, investors opting for VTHR should expect similar return and volatility profiles to the S&P 500 over long holding periods. SPDR S&P 500 Value ETF (SPYV)Expense Ratio: 0.04%Recently, there has been increasing chatter about a growth to value rotation. That doesn't mean growth stocks are poised for big declines; upside is the path of least resistance there. However, it could finally be time for value stocks to show some legitimate strength against growth equivalents.Investors should prepare for that trend with cheap ETFs, such as the SPDR S&P 500 Value ETF (NYSEARCA:SPYV), one of the least expensive value funds on the market today. The $4.48 billion SPYV tracks the S&P 500 Value Index and there are signs that investors are embracing the notion of a value resurgence as highlighted by SPYV's year-to-date inflows of $1.64 billion.With factor-based ETFs, regardless of the underlying factor, investors should examine what type of sector-level bets they're making. Typically, with value funds, financial services is the largest sector weight and that is true of SPYV as that sector accounts for almost 22% of the fund's weight. * 7 Earnings Reports to Watch Next Week However, this cheap ETF has some surprises. For example, Apple (NASDAQ:AAPL) is SPYV's largest holding at over 9% and technology is the fund's second-largest sector weight at 17.35%. iShares Core MSCI Europe ETF (IEUR)Expense Ratio: 0.09%Speaking of cheap ETFs that offer up value in the stricter investment sense, some Europe funds fit that bill and the iShares Core MSCI Europe ETF (NYSEARCA:IEUR) is one member of that group. European stocks are often dubbed with a laggard label and deservedly so. But IEUR is up nearly 20% year to date and it trades at valuations that are more reasonable than what investors find in the U.S.This cheap ETF holds nearly 1,000 stocks and follows the MSCI Europe Investable Market Index, meaning it's a diversified fund, not a dedicated Eurozone play. Usually, such funds feature large weights to the U.K., meaning there is some Brexit risk.Indeed, IEUR allocates 26.44% of its weight to U.K. equities, but even with that, this cheap ETF is up almost 3% over the past month and appears to be gaining steam. Plus, its 2.90% dividend yield is superior to what investors get on broad U.S. equity benchmarks. Also, the standard deviation of 12.49% implies an acceptable level of risk, even for highly conservative investors. Fidelity MSCI Information Technology Index ETF (FTEC)Expense Ratio: 0.08%Vanguard gets a lot of attention for offering plenty of cheap ETFs, but Fidelity has earned a place in that conversation, too.In fact, Fidelity, not Vanguard, offers the cheapest sector ETFs, including the Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC). FTEC, one of Fidelity's largest ETFs by assets, follows the Fidelity MSCI Information Technology Index ETF.This cheap ETF makes a lot of sense for investors that are mulling allocations to Apple or Microsoft (NASDAQ:MSFT) because FTEC doesn't force investors to pick between the two tech titans. Rather, the fund allocates a third of its combined weight to those two scorching hot names. With 5G coming (Apple) and cloud computing booming (Microsoft), there are plenty of reasons to embrace FTEC now and for 2020. * 7 Food Stocks to Buy Now "I think the interesting thing is that most people look at Apple's performance year to date and say, oh my God the stock's run so much, it's up 60% year to date, there's material out performance behind us, so there's really not much room to run," said Wamsi Mohan, senior equity analyst at Bank of America Merrill Lynch on CNBC. "Heading into the iPhone 11 launch you actually got an 8% relative decline to the S&P since the launch of the last iPhone to the release of the iPhone 11. So, to put this in context, in past cycles where you've had that sort of under-performance, you've actually followed by material out-performance, which is what we think is the case heading into the 5G launch." iShares Core S&P U.S. Growth ETF (IUSG)Expense Ratio: 0.04%As noted earlier, investors don't have to pick just one of growth or value. And while value is due for a comeback, that doesn't put nails in the growth coffin. The iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) is a cheap ETF offering a basket of well-known growth stocks and one that has been on a torrid pace this year, returning north of 24%.This cheap ETF tracks the S&P 900 Growth Index and holds 541 stocks. As is the case with value funds, investors should conduct sector-level examinations of growth ETFs to know what they're buying. Usually, a growth fund includes hefty technology and consumer cyclical allocations and that's true of IUSG, which allocates a combined 39% of its weight to those sectors.The uniqueness of the current business cycle bodes well for growth stocks, indicating this cheap ETF is worthy of investors' consideration now and into 2020."What's particularly exciting about growth investing today is that, for the first time, we've been in an economic environment without a traditional business cycle," said BlackRock in a recent note. "This means investors will seek out companies that prosper organically on their own, almost independent of the economic cycle. I think this will be a good sign for growth stocks overall, not only today but for years to come." Vanguard Mid-Cap ETF (VO)Expense Ratio: 0.04%It's never too early make new year's resolutions. One that investors should consider and ensure that they stick to is owning mid-cap stocks or fund if they don't already. The Vanguard Mid-Cap ETF (NYSEARCA:VO) is a broad fund and one of the cheapest ETFs in the mid-cap arena. In fact, no mid-cap ETF is cheaper than VO, though one ties with the Vanguard fund with an expense ratio of 0.04%.Beyond costs, this cheap ETF provides investors with an avenue to an equity market segment that typically outperforms large caps by wide margins. Not only that, but mid-cap stocks historically offer better risk-adjusted returns than their small-cap rivals. But for investors that like a good deal, this cheap ETF is a great option. * 10 Cheap Stocks to Buy Under $10 "Vanguard charges an ultra-low 0.04% fee for this fund. This cost advantage has translated into strong category-relative performance over the long term," Morningstar said. "Over the trailing 10 years through June 2019, the fund has outperformed the category average by 277 basis points annualized while assuming similar risk. Overall, this fund should continue to enjoy a durable long-term edge over many of its competitors because of the low expense ratio." WisdomTree U.S. LargeCap Fund (EPS)Expense Ratio: 0.08%So you want to own domestic large caps but desire a methodology that isn't market-cap weighting and don't want to pay a high fee for the privilege. The WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) delivers as it's one of the cheapest ETFs in the smart beta arena.EPS, which has a track record spanning more than 12 years, targets the WisdomTree U.S. LargeCap Index. That benchmark "is earnings-weighted in December of each year to reflect the proportionate share of the aggregate earnings each component company has generated. Companies with greater earnings generally have larger weights in the index," according to WisdomTree.If that's too much financial patter, the easy way of looking at EPS is that it lives up to its ticker by putting added emphasis on companies that are profitable and growing earnings. The focus on profits doesn't create a boring portfolio. Quite the contrary, as EPS devotes a third of its combined weight to technology and communication services stocks.EPS indicates the fund can be a winner when stocks see expanding multiples and markets are prizing higher beta sectors."By earnings-weighting our strategy, the portfolio takes on some unique sector tilts compared to a market cap-weighted approach," according to WisdomTree research. "The portfolio has tended to be over-weight more cyclical consumer driven sectors and has had its best performance when broad market growth is robust and valuations multiples are expanding."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post The 7 Best Cheap ETFs for the End of 2019 and Beyond appeared first on InvestorPlace.
After a bumpy ride in August due to escalation in the U.S.-China trade tariff war, Wall Street heaved a sigh of relief thanks to hopes of resumption in trade talks next month and monetary easing policies across the globe.
All the major indexes are up on the anticipation that the Fed will decrease interest rates sooner than later with weak employment numbers being the catalyst.
Investors should reposition their portfolio for more exposure to the growth space to obtain a nice momentum play. For them, we have presented five ETFs and stocks that are ready to bloom this spring.
Vanguard. Schwab. iShares. SPDR. All of these exchange-traded fund (ETF) giants undercut each other for years by putting out the cheapest index funds they could. All competed against each other in a so-called "race to zero."And all lost to the most unlikely of dark horses.Upstart SoFi recently rattled the low-cost establishment by becoming the first provider to launch ETFs with zero annual expenses - and did so with the launch of its first two ETFs. (For the record, Fidelity introduced the first no-fee index funds in the mutual fund industry back in August 2018.)The large-cap SoFi Select 500 ETF (SFY) and mid-cap SoFi Next 500 ETF (SFYX) joined the markets on Thursday, April 11. Each fund has a listed expense ratio of 0.19%, but SoFi will waive those fees through at least June 30, 2020. That clearly will make them the cheapest ETFs in their respective categories.But it doesn't cost much to invest in any corner of the market. A host of other categories feature index funds that, while not totally free, charge microscopic fees that make them extremely cost-efficient.Here are 45 of the cheapest index funds in the U.S. ETF universe. These ETFs, listed by Morningstar category, cover stocks, bonds and other assets across a wide range of strategies. SEE ALSO: The 19 Best ETFs for a Prosperous 2019
In the investment community, millennials get plenty of attention. Whether it is the wealth millennials stand to one day inherit from their parents, trends tied to the generation's spending habits or the specific investments being embraced by millennials, the generation with birthdays ranging from 1980 to 2000 is on Wall Street's radar in significant fashion.One thing is clear: millennial investors like exchange-traded funds (ETFs). According to a Charles Schwab survey released in June 2018, nine in 10 millennials view ETFs as important to portfolios and a third of those investors have dumped other investments in favor all-ETF portfolios. Even if they're not millennial ETFs specifically, they like investing with these funds."The move is coming at the expense of individual stocks, with more than half of millennials surveyed saying they dumped all their equity holdings for ETFs," according to CNBC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsETFs are an ideal way for other investors to access millennial themes and trends, but investors should note there are important differences between "millennial ETFs," or those that appear geared toward themes tied to this generation, and ETFs millennials themselves like. * 10 Stocks on the Rise Heading Into the Second Quarter Let's take a look at some millennial ETFs as well as some other funds younger investors often embrace. Millennial ETFs: Vanguard Total Stock Market ETF (VTI)Expense Ratio: 0.04%, or $4 per $10,000 invested annually.Millennials' reasons for embracing ETFs are basically the same as the reasons found among other generations. Among other reasons, millennials like having the ability to access a broad basket of stocks under one umbrella at a low cost. The Vanguard Total Stock Market ETF (NYSEARCA:VTI), while not a millennial ETF specifically, checks all of those boxes.With its annual fee of just 0.04%, VTI is cheaper than all but a handful of U.S.-listed ETFs and this Vangurd fund is one of just four ETFs with more than $100 billion in assets under management.VTI holds nearly 3,600 stocks with a median market value of $70.3 billion, but its holdings span the large-, mid- and small-cap segments. The technology and financial services sectors combine for more than 39% of VTI's weight. Invesco QQQ (QQQ)Source: Shutterstock Expense Ratio: 0.2%The Invesco QQQ (NASDAQ:QQQ), the Nasdaq-100 tracking ETF, is not a dedicated millennial ETF either, but like the aforementioned VTI, this is one of the most popular ETFs among "Gen Y" investors. QQQ recently turned 20 years old, meaning some of the older millennials that have been actively following financial markets for significant portions of their lives grew up with QQQ.QQQ has credibility as a millennial ETF because many of the fund's marquee holdings are purveyors of products and services widely used by millennials. Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) and Facebook (NASDAQ:FB) combine for over 24% of QQQ's weight. * 5 Cloud Stocks to Help Your Portfolio Fly Another reason QQQ has credibility as a millennial ETF is the fund's almost 62% weight to growth stocks. Younger investors can be more heavily allocated to growth stocks than retirement investors because the benefit of time allows younger investors to ride out some of the volatility associated with growth fare. Global X Millennials Thematic ETF (MILN)Expense Ratio: 0.68%As its name implies, the Global X Millennials Thematic ETF (NASDAQ:MILN) is in fact a millennial ETF. MILN, which debuted nearly three years ago, tracks the Indxx Millennials Thematic Index.This millennial ETF's holdings "come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services," according to Global X.MILN is heavily exposed to the communication services and consumer discretionary sectors and the fund features plenty of large-cap fare, such as Amazon, Starbucks (NASDAQ:SBUX) and Netflix (NASDAQ:NFLX).While this millennial ETF is performing admirably in 2019 with a gain of over 20%, adoption of the fund has been slow as highlighted by its roughly $35 million in assets under management. ETFMG Alternative Harvest ETF (MJ)Source: Shutterstock Expense Ratio: 0.75%The status of the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) as a millennial ETF should be taken as an implication that all millennials indulge in marijuana. However, data confirm that many millennial ETFs are also thematic ETFs and that Gen Y investors do love MJ.Nearly 36,000 millennial investors on the popular Robinhood investment app are involved with MJ, ranking the fund 46th on that platform, according to Business Insider. * Top 7 Service Sector Stocks That Will Pay You to Own Them Any investor, millennial or otherwise, that bought MJ late last year is loving life right as the fund is up nearly 54% this year, making it one of 2019's best-performing non-leveraged ETFs. Currently, MJ is the only dedicated cannabis fund listed in the U.S. Global X Robotics & Artificial Intelligence ETF (BOTZ)Expense Ratio: 0.68%.Keeping with the theme of thematic ETFs also being millennial ETFs, the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) is a hit among Gen Y investors.The fund has almost 17,000 millennial investors on Robinhood, ranking it 88th on the platform, reports Business Insider. Home to $1.58 billion in assets, BOTZ follows the Indxx Global Robotics & Artificial Intelligence Thematic Index and is one of the largest robotics ETFs in the world.BOTZ, which is up 20% this year, makes for an ideal millennial ETF. The fund is levered to fast-growing investment theme with long-term durability, but it is essentially a growth fund with volatility metrics that are significantly higher than the broader market. iShares Core S&P U.S. Growth ETF (IUSG)Expense Ratio: 0.04%As has been noted throughout this piece, millennial investors have the luxury of longer investment horizons, meaning they can and should embrace the growth factor. They can do just that in cost-effective fashion with the iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG).This millennial ETF targets the S&P 900 Growth Index and his home to nearly 540 stocks, giving it a larger roster than S&P 500 Growth Index funds. For a growth ETF, IUSG's volatility metrics are more than tolerable. The fund's three-year standard deviation of just over 12% compares favorably with traditional broader market strategies and value funds. * 7 Small-Cap Stocks That Make the Grade Like many growth funds, IUSG is heavily allocated to some combination of the technology, communication services and consumer discretionary sectors. Those groups combine for over half of IUSG's weight. The fund is up about 14% this year and is one of the most attractively priced growth ETFs on the market. Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)Expense Ratio: 0.1%Millennials are being looked to as important drivers of growth for socially responsible and environmental, social and governance (ESG) funds. If millennials do come calling for ESG funds, the newly minted Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) is poised to benefit.USSG debuted earlier this month and is already one of the largest ESG ETFs in the U.S. This millennial ETF is not even two weeks old and it already has nearly $872 million in assets under management, according to issuer data. USSG has the potential to more socially conscious investors with an annual fee that makes it one of the cheapest ESG funds on the market.As is the case with many millennial ETFs, USSG is heavily allocated to tech stocks (30.49%). Among the companies that are often excluded from ESG funds are casino operators, alcohol makers, civilian firearms manufacturers and tobacco companies. Those exclusions are true to form in USSG.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 7 ETFs for a Millennial Portfolio appeared first on InvestorPlace.