Looking for the best index ETF to invest $1,000 in right now? Look no further! The Motley Fool has identified the smartest option for you.
When it comes to investing in index ETFs, it’s important to choose one that will provide you with solid returns over time. The iShares Core S&P 500 ETF (NYSEMKT:IVV) is a great choice for investors looking to grow their money with a diversified portfolio of top-performing companies.
By investing in IVV, you are essentially buying a piece of the 500 largest publicly traded companies in the United States. This ETF is designed to track the performance of the S&P 500 index, which has historically delivered strong returns to investors.
With a low expense ratio and a solid track record of performance, the iShares Core S&P 500 ETF is a smart choice for investors looking to build wealth over the long term. So if you have $1,000 to invest right now, consider putting it into IVV and watch your money grow.