Vanguard Financials ETF: Know What You're Buying -- and What You Aren't
The Vanguard Financials ETF (NYSEMKT: VFH) is one of many sector-focused exchange-traded funds that investors can buy. On the surface that seems like an easy thing to understand. Want financials exposure? Buy the Vanguard Financials ETF. But there are a few details that you need to know before you buy this exchange-traded fund (ETF).This ETF's name says a great deal about what it does. In fact, if that's all you looked at when considering this exchange-traded fund you wouldn't be far off the mark. According to the ETF's website, it "seeks to track the performance of a benchmark index that measures the investment return of stocks in the financials sector."Image source: Getty Images.Continue reading
The Vanguard Financials ETF (NYSEMKT: VFH) is one of many sector-focused exchange-traded funds that investors can buy. On the surface that seems like an easy thing to understand. Want financials exposure? Buy the Vanguard Financials ETF. But there are a few details that you need to know before you buy this exchange-traded fund (ETF).
This ETF's name says a great deal about what it does. In fact, if that's all you looked at when considering this exchange-traded fund you wouldn't be far off the mark. According to the ETF's website, it "seeks to track the performance of a benchmark index that measures the investment return of stocks in the financials sector."
Image source: Getty Images.