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Invest Like Warren Buffett With These ETFs

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These funds offer up Buffett-like exposure but at a fraction of the risk and overall cost as Berkshire Hathaway.

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This ETF tracks the S&P Insurance Select Industry Index, which is a modified equal-weight benchmark. It includes companies in the American insurance industry including personal and commercial lines, property/casualty insurance, life insurance, reinsurance, insurance brokerage and financial guarantee.

With its equal weight methodology, the fund does a great job of spreading assets around its roughly 46 components, putting no more than 2.7% in any one security. Still, the product is somewhat concentrated in property and casualty insurance firms as these companies account for just under 40% of the fund.

The fund has a mediocre yield of just 1.7% though, but the P/E is under ten and the P/B is below 0.9. Investors should also note that the product charges a reasonable 35 basis points a year in fees, while its AUM and volume-assets above $110 million-suggest a pretty low bid ask spread.

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Editor's Note: For more from Zacks.com, click here.
No positions in stocks mentioned.
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