A low-cost core building block
Our take on the newest breed of index funds.
Exchange-traded funds seem to encourage myopia. As the variety of ETFs widens, the individual funds themselves are narrowing. Most of the new ETFs launched in recent months have been sector or industry funds that hone in on ever-thinner slices of the stock market, such as home builders, oil ...
Consider cost, risk, and portfolio overlap before playing with sector ETFs.