Are you interested in boosting your portfolio with some exchange traded funds (ETFs)?
If you are, then you may want to look at the highly rated ETFs listed below. Here's what you need to know about them:
iShares S&P 500 ETF (ASX: IVV)
The first ETF for investors to look at is the iShares S&P 500 ETF. This ETF aims to provide investors with the performance of the famous S&P 500 Index before fees and expenses. This index is home to the top 500 U.S. stocks.
BlackRock, which runs iShares, believes this can be used by Australian investors to diversify internationally and seek long-term growth opportunities for a portfolio.
The companies included in the fund need no introduction. Among the ETF's largest holdings are the likes of Amazon, Apple, Berkshire Hathaway, Facebook, JP Morgan, Johnson & Johnson, Microsoft, and Tesla.
Since this time in 2017, the iShares S&P 500 ETF would have turned a $10,000 investment into almost $19,000.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ETF for investors to look at is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to even more shares than the iShares S&P 500 ETF.
The numbers change periodically as stocks are added and removed from the ETF. But generally speaking, there are approximately 1,500 of the largest listed companies from major developed countries.
Vanguard, which run the ETF, notes that the ETF offers low-cost access to a broadly diversified range of securities that allow investors to benefit from the long-term growth potential of the global economy. The fund manager appears to believe this makes it a good option for buy and hold investors seeking long-term capital growth, some income, and international diversification.
Among the companies included in the fund are giant such as Apple, Microsoft, Nestle, NVIDIA, Procter & Gamble, Tesla, and Visa.
Over the last five years, the Vanguard MSCI Index International Shares ETF would have turned a $10,000 investment into over $16,000.