The Simple Path to Diversified Investing

Exchange-Traded Funds, or ETFs, are a type of investment vehicle composed of a basket of assets that tracks an index, such as the S&P 500 or another relevant benchmark index. ETFs are traded on exchanges like stocks and can be bought and sold anytime during standard market trading hours. In 1993, the first U.S.-listed ETF debuted; today, we will review it.