Plain S&P 500 ETF Created Most Wealth in 10 Years
A Morningstar report found that the iShares Core S&P 500 ETF created $263.1 billion in wealth for investors over the last 10 years, the most of any fund. The Invesco QQQ Trust came second with $195.2 billion. The figures refer to shareholder value created over the decade.
Context
An ETF is a fund that holds a basket of shares and trades like a single stock, and the S&P 500 tracks 500 large US companies. Broad index funds like this one are often recommended to everyday investors who prefer a simple, low-effort approach.
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