The Best Growth ETF to Invest $500 in Right Now

Whether the market's in a strong bull position, like it is today, or pulling back, like it was doing earlier this year, it's always safe to have some strong exchange-traded funds (ETFs) in your portfolio. But when the market's going up, you'll typically see great movement in a growth-oriented ETF. Although you might see the inverse when the market's moving in the opposite direction, over time, growth ETFs tend to outdo the market, since the market rises more often than not.However, you need to choose the right growth ETF to see the greatest gains and minimize your risk. Some growth ETFs have a small number of stocks and are risky, but others are well-diversified and hold the best the market has to offer. If you have $500 available to invest today, I recommend the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG).The Vanguard S&P 500 Growth ETF is an index-tracked ETF, which means it owns the same components as an underlying index. It tracks the stocks in the S&P 500 growth index, which are about 200 of the highest-growth stocks in the broader index. Because these are the growth-oriented stocks in the index, they also tend to be the largest stocks. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool