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5 ETFs to Invest in the Stock Market in the United States
The exchange traded funds (ETFs) registered on US stock markets might be an useful place to start investing in US stocks. Rather than buying individual companies, you wind up purchasing a group of stocks that reflect an index or a certain industry. US ETFs allow you to diversify your holdings in overseas firms while also keeping you diversified across the major themes in the US stock market. The US ETFs are available to maintain your portfolio well-diversified, ranging from technological growth to value equities, large-caps to small-caps.
ETF units can be purchased at any time throughout the stock exchange’s trading hours, and the cost of ownership is very cheap. We’ll look at the top 5 US ETFs and discover what they’re made up of in this article.
1. SPDR S&P 500 ETF Trust (SPY)
The SPDR S&P 500 ETF, often known as the SPY ETF, is an exchange-traded fund that tracks the S&P 500 index, which is a diverse group of large-cap US businesses spanning eleven key industries. The S&P 500 index is usually considered as the greatest single indication of large-cap US equities, and you can obtain exposure to some of the best US firms by investing in the SPY ETF. Information Technology, Health Care, and Communication Services make up the top three sectors in the S&P 500, accounting for…