Select ETFs: Large Cap US Equities
When we talk about average returns in investing stocks, a lot of the cases are about S&P 500 index. Thus, investing an S&P 500 ETF is the easy and straightforward way for average investors gain exposure to stock market and ride the wave. S&P 500 ETFs aim to follow the market, which also means there’s no way to earn above-average returns.
Best for Liquidity (Short-term Trading)
SPDR® S&P 500® ETF Trust (SPY)
Expense Ratio: 0.09%
The SPDR® S&P 500® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. The S&P 500 Index is a diversified large cap U.S. index that holds companies across all eleven GICS sectors.
Launched in January 1993, SPY was the very first exchange traded fund listed in the United States. Today, SPY is one of the largest and most heavily-traded ETFs in the world, offering exposure to one of the most well known equity benchmarks.
Best for Cost (Long-term Investment)
BNY Mellon US Large Cap Core Equity ETF (BKLC)
Expense Ratio: 0.00%
The BNY Mellon US Large Cap Core Equity ETF tracks Morningstar® U.S. Large Cap IndexSM and does it for free. That’s right: BKLC’s management fee is zero. The ETF employs a passively managed, low cost index approach with a fully transparent portfolio and provides investors with broad exposure to large capitalization stocks.
