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The Master ETF
by Felix Salmon
Jun 20, 2008
Jun 20, 2008
Matthew Hougan has an interesting idea:
...What would your portfolio look like if you bought the five-largest ETFs on the market and weighted them based on assets under management?
- 51% U.S. Equities (41% SPY, 10% QQQQ)
- 39% Foreign Equities (25% EFA developed markets, 14% EEM emerging markets)
- 10% Gold (GLD)
The costs would be just 28 basis points per year (0.28%).
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