Broad diversification with the highest historical long-term expected return of any major liquid asset class.
Use any of the non-leveraged broad market ETFs as they are virtually identical (99–100% correlated). QQQ is based on which stocks happen to be in the NASDAQ exchange, which is a strange construction, but it has a slighly lower 0.91 correlation due to its technology concentration. Only use leveraged products like UPRO very carefully and for a clearly defined purpose.
Tax-Efficient: Can be held in taxable accounts or IRAs due to qualified dividends and no capital gains for ETFs.
| Fund | Symbol | Type | Expense Ratio | Market Cap / AUM | Live Price | Index / Benchmark / Notes |
|---|---|---|---|---|---|---|
| Vanguard Growth ETF | VUG | ETF | 0.03% | $384.6B | $91.17 | CRSP US Large Cap Growth Index Large cap growth |
| Schwab U.S. Large-Cap Growth ETF | SCHG | ETF | 0.04% | $64.7B | $36.34 | Dow Jones U.S. Large-Cap Growth Total Return Schwab growth fund |
| Vanguard Total Stock Market ETF | VTI | ETF | 0.03% | $2.30T | $377.99 | CRSP US Total Market Index Core total market fund |
| iShares Core S&P Total U.S. Stock Market ETF | ITOT | ETF | 0.03% | $96.9B | $167.95 | S&P Total Market Index Broad market alternative |
| Schwab U.S. Broad Market ETF | SCHB | ETF | 0.03% | $44.9B | $29.61 | Dow Jones U.S. Broad Stock Market Index Low cost Schwab broad market |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | SPTM | ETF | 0.03% | $14.0B | $93.02 | S&P Composite 1500® Index S&P 1500 benchmark |
| Vanguard S&P 500 ETF | VOO | ETF | 0.03% | $1.80T | $707.54 | S&P 500 Index Vanguard S&P 500 core ETF |
| iShares Core S&P 500 ETF | IVV | ETF | 0.03% | $888.3B | $773.10 | S&P 500 Index S&P 500 index fund |
| SPDR S&P 500 ETF Trust | SPY | ETF | 0.09% | $817.6B | $769.64 | S&P 500 Index High liquidity ETF |
| Invesco QQQ Trust | QQQ | ETF | 0.18% | $505.2B | $749.58 | NASDAQ 100 Index Tech-heavy exposure |
| ProShares UltraPro S&P500 | UPRO | ETF | 0.89% | $5.4B | $150.88 | Leveraged 3x S&P Total Market Index 3x leveraged S&P500 |