1 No-Brainer Low-Cost S&P Index Fund to Buy Right Now for Less Than $150

At the beginning of 2024, small-cap stocks were trading for their lowest price-to-book valuation relative to large caps since the late 1990s. And thanks to slower interest rate cuts than many expected, combined with the surge in mega-cap technology stocks, the gap became even wider throughout the year. As we head into 2025, the average small-cap stock trades for 2 times book value, compared with a median price-to-book multiple of 5 for the large-cap S&P 500 index. To be sure, there are some reasons the S&P 500 should be a little more expensive. The concentration in big tech companies is a big one. But there's good reason to believe that the gap has become far too wide and a number of catalysts could cause it to narrow in 2025 and for the next several years.For that reason, the Vanguard S&P Small-Cap 600 ETF (NYSEMKT: VIOO) could be an exceptional investment opportunity right now, from a long-term perspective. Here's a brief overview of the index, the ETF, and some reasons to be optimistic about it as we head into the new year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool