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One Warren Buffett ETF that Can Take You to a Million Dollars

Warren Buffett is known as one of the greatest investors of all time. Many people seek to know his secrets and duplicate his success.

It may be more straightforward and easier to rely on an exchange-traded fund or ETF. Those usually have a mix of different companies that help make the fund, and it can be easily bought off the stock market and traded if need be.

Which ETF would Warren Buffett suggest to hit this million dollars?

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It is hard to say which is his favorite ETF. Warren Buffett owns two ETFs. One is Vanguard’s S&P 500 ETF, VOO. 

Warren Buffett’s Favorite ETF

The other is SPDR S&P 500 ETF Trust, SPY. SPY and VOO track the S&P 500, a collection of the top 500 companies in the US.

These S&P 500 ETFs track the S&P 500 index, which allows investors to have an investment that matches the market. For an investor, these two ETFs can make a good core of your portfolio or be the only investment in your portfolio.

He was right; the ETF had a 126% return over those ten years, while the hedge funds averaged just 36% in that same period.

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