The Ultimate Guide to 8 Essential ETFs Every Investor Should Own in 2024

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ETFs for diversified 2024
List of best US and global ETF

Welcome to the world of smart investing! In this comprehensive guide, we’ll unveil the top eight Exchange-Traded Funds (ETFs) that savvy investors need to have in their arsenal. Whether you’re a seasoned pro or just starting out, these ETFs are the 10 commandments of a robust investment portfolio. Join me, as we explore each ETF and discover their European alternatives for investors across the pond. Let’s dive in!

Before we dive into all the best ETFs you should own in 2024. here is the quick comparison .

ETFTickerExpense Ratio10-Year Avg. Annual ReturnSpecializationEuropean Alternative
Vanguard Midcap ETFVTHR0.04%8.16%Midcap StocksS&P 400 US Midcap by SPDR (SPY4)
Vanguard Value ETFVTV0.04%N/AValue StocksMSCI World Value USD by iShares (MXWS) or MSCI USA Value USD by SPDR (PRU)
Vanguard Growth ETFVUG0.04%12.88%Growth CompaniesStay tuned for a better growth ETF!
Schwab US Dividend ETFSCHD0.06%12%Dividend GrowthS&P US Dividend Aristocrats or MSCI World Quality
Vanguard Tech ETFVGT0.1%18.7%Information TechnologyNo European Alternative
Invesco QQQ ETFQQQ0.2%17.39%Top 100 Growth Companies in NASDAQEQQQ by Invesco or Lixir Nasdaq 100 by Lyxor (LMS)
Vanguard Total Stock ETFVTI0.03%10.46%Total US Stock MarketConsider global ETFs or other US-focused options
SPDR S&P 500 ETF TrustSPY0.07% or 0.05%11%Top 500 US Companies (Diversification)SPDR S&P 500 ETF (Ticker: SPY5) – Distributing dividends option
Best ETFs to own in 2024

Now let’s look at them all 1 by 1.

Vanguard Midcap ETF (Ticker: VTHR): Unleashing the Power of Midcap Stocks

Explore the often-overlooked midcap universe with Vanguard’s Midcap ETF.

Boasting a mere 0.04% expense ratio, this ETF has delivered an impressive 8.16% annual return over the past decade.

European Alternative: S&P 400 US Midcap by SPDR (Ticker: SPY4) offers a European entry into the midcap realm.

finviz dynamic chart for VTHR

Vanguard Value ETF (Ticker: VTV): Unveiling the Essence of Value Investing

Dive into the world of value stocks with Vanguard’s Value ETF, featuring companies like Johnson & Johnson and Proctor and Gamble.

A stellar 0.04% expense ratio and a 10-year return that turned $10,000 into $24,600.

European Alternatives: MSCI World Value USD by iShares (Ticker: MXWS) or MSCI USA Value USD by SPDR (Ticker: PRU).

finviz dynamic chart for VTV

Vanguard Growth ETF (Ticker: VUG): Riding the Wave of Growth Companies

Experience the explosive growth of companies like Apple, Microsoft, and Amazon with Vanguard’s Growth ETF.

An unbelievably low 0.04% expense ratio and a remarkable 12.88% average annual return over the last decade.

European Alternative: Stay tuned for an even better growth ETF later in this guide!

finviz dynamic chart for VUG

Schwab US Dividend Equity ETF (Ticker: SCHD): Harvesting Dividends with Stability

Secure stable growth and a 3.7% dividend yield with Schwab’s Dividend Equity ETF.

A minimal 0.06% expense ratio and an astounding 12% annual growth since its inception in 2011.

European Alternatives: Limited, but options include S&P US Dividend Aristocrats or MSCI World Quality.

finviz dynamic chart for SCHD

Vanguard Information Technology ETF (Ticker: VGT): Navigating the Tech Revolution

Immerse yourself in the tech sector with Vanguard’s Information Technology ETF.

A meager 0.1% expense ratio and an incredible 18.7% average annual growth over the last decade.

No European alternative; the global tech giants await your investment!

finviz dynamic chart for VGT

Invesco QQQ ETF (Ticker: QQQ): Embracing the Future of Innovation

Unleash the power of the top 100 growth companies with Invesco’s QQQ ETF.

A staggering $10,000 investment a decade ago would now be worth $49,748.

European Alternatives: EQQQ by Invesco or Lixir Nasdaq 100 by Lyxor (Ticker: LMS).

finviz dynamic chart for QQQ

Vanguard Total Stock Market ETF (Ticker: VTI): The All-Encompassing US Market Access

Gain exposure to the entire US stock market with Vanguard’s Total Stock Market ETF.

A rock-bottom 0.03% expense ratio and an impressive 10.46% average annual return over the past decade.

European Alternatives: Consider a global ETF or focus on the US with other available options.

finviz dynamic chart for VTI

SPDR S&P 500 ETF Trust (Ticker: SPY): The Epitome of Diversification

Discover the pinnacle of diversification with the world’s largest ETF, SPDR S&P 500.

Boasting a 0.07% or 0.05% expense ratio (Vanguard or Invesco options) and an enviable 30-year return of 99.62% per year.

European Alternative: SPDR S&P 500 ETF (Ticker: SPY5) for a distributing dividends option.

finviz dynamic chart for SPY

Conclusion on best ETFs to consider for 2024 for diversified portfolio :

Whether you’re captivated by midcap potential, value stability, or the allure of tech giants, these eight ETFs have you covered. Remember, successful investing is a journey, and these ETFs are your trusted companions. If you found this guide helpful, subscribe for more finance and investing insights. Here’s to your financial success!

We also have list of vanguard ETF which is good for long term growth.

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