The best etf brokers can help you build and manage your portfolio with a variety of investment options. Find the one that best suits your investing style and budget.

ETFs have become an integral part of many investors’ portfolios, especially for those looking to quickly gain broad exposure across particular asset classes, such as stocks, bonds, commodities and currencies. Innovative new ETF structures also embody specific investment or trading strategies, such as shorting a stock or earning gains from a decline in a market (called “shorting”).

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Investors should be aware of the total cost of owning an ETF. These costs are comprised of both explicit and implicit fees, which vary by brokerage firm and by the specific ETF in question. Explicit fees include trading commissions and the ETF’s operating expense ratio, which is a percentage of the fund’s assets deducted annually to cover management and other expenses. Implicit costs include a bid/ask spread, which is the difference between the price to buy shares of an ETF and the current selling price.

The bottom line:

ETFs provide a convenient way to diversify your portfolio with a single purchase and a single trade. They offer lower expense ratios than mutual funds and are available on virtually any online investing platform or retirement account provider site. However, they may not be the right solution for all investors. Be sure to consider all your investing options and speak with a professional before making any decisions. Retirement Professionals are registered representatives of and offer brokerage products through Wells Fargo Clearing Services, LLC (WFCS), a banking affiliate of Wells Fargo & Company.

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