Last year was understandably a great year to own Schwab U.S. Broad Market ETF (NYSEMKT: SCHB). The exchange-traded fund that tracks the total return of the Dow Jones U.S. Broad Stock Market Index owns nearly 2,500 of the largest publicly traded U.S. companies, so as the general stateside market rises so should Schwab U.S. Broad Market ETF. It accomplished its goal in 2019, soaring 30.94% to once again come within spitting distance of the index with its wealth-altering 30.96% return.
The Charles Schwab (NYSE: SCHW) fund is a great way to grab a huge basket of stocks in a single transaction, but as one of the ETFs that the discount brokerage uses to keep its customers close and its brand name relevant, it also packs one of the lowest cost profiles in the market. Schwab U.S. Broad Market ETF has an expense ratio that clocks in at a mere 0.03%, giving investors more bang for their immediately diversified buck.
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