Exchange-traded funds make it easy to diversify a portfolio and are often easier for investors to buy than their mutual fund counterparts. That’s because they’re traded on an exchange and don’t have the investment minimums that some mutual funds do.
But not all ETFs are alike. There are many options to choose from, so it’s important to identify high-quality ETFs that meet the needs of your portfolio. Morningstar rates ETFs relative to their category peers, so you can find best-in-class options in the areas that are important to you.
This post originally appeared at Morningstar.