US News

3 Pioneer ETFs, Buy for $2,000

What are the three most important elements of successful investment? Having some upfront funds to invest is at the top of the list. A good choice for investment is also crucial. I would say the third ingredient is time. The more time you have, the more money you can make.

If you want to put all these ingredients together, I have some ideas for you. These are three funds (ETFs) traded on the Vanguard exchange that can be purchased for $2,000 and held forever.

Image source: Getty Images.

In my opinion, the easiest option is Vanguard S&P 500 ETF (nysemkt: voo). As the name implies, the Pioneer ETF attempts to track S&P 500 (snpindex: ^gspc).

This performance has been very good in the long run. Since its inception in September 2010, the Vanguard S&P 500 ETF has an average annual yield of 14.7%. The fund has grown nearly 16% over the past year. VOO-Vanguard S&P 500 ETF | Pioneer

Purchase this Vanguard ETF provides you with share ownership of 500 of the largest publicly traded companies in the United States, currently including Nvidia (NASDAQ: NVDA),,,,, Microsoft (NASDAQ: MSFT),,,,, apple (NASDAQ: AAPL),,,,, Amazon (NASDAQ: AMZN)and Meta Platform (Nasdaq: RMB). However, over time, the composition of ETF holdings has changed.

You can also buy some other S&P 500 index ETFs. However, I like that Vanguard has a low annual rate of only 0.03% because it has a lower annual rate.

What is the best performing ETF since the birth of the Pioneer Funding Family? this Pioneer Russell 1000 Growth ETF (Nasdaq: Vong). The average annual rate of return of this ETF is 16.96%. It has risen by about 22.5% over the past 12 months.

The Vanguard Russell 1000 Growth ETF invests in stocks in the Russell 1000 Growth Index. It owns 390 growth stocks, including Nvidia, Microsoft, Apple, Amazon and Broadcom (NASDAQ: AVGO).

Most of these names should be familiar, as they are also located in the highest stake in the Vanguard S&P 500 ETF. This is not surprising. As the market caps for optimal growth stocks increase, they float to the top of the S&P 500.

You will have to pay more to own the Vanguard Russell 1000 Growth ETF. Its annual fee rate is 0.07%. However, this is still cheap, and the average expense ratio for similar funds is 0.93%.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button