Forma offers 15 ETFs across fixed income, domestic equity, and foreign equity at every level of risk appetite. DriveWealth manages all investments. These funds are selected for their competitive pricing with below average expense ratios of just 0.05% compared to industry averages of 0.85%. An expense ratio reflects how much a mutual fund or an ETF pays administrative and other operating expenses. The expense ratio is deducted from the fund’s gross return and paid to the fund company, such as Vanguard. See the below list of ETFs:
- Fixed Income
- Vanguard Total International Bond ETF (BNDX)
- Vanguard Total World Bond ETF (BNDW)
- iShares Core US Aggregate Bond ETF (AGG)
- Vanguard Short-Term Treasury ETF (VGSH)
- Vanguard Short-Term Bond ETF (BSV)
- Domestic Equity
- iShares Core S&P 500 ETF (IVV)
- Vanguard Total Stock Market ETF (VTI)
- Vanguard Growth ETF (VUG)
- Vanguard Value ETF (VTV)
- iShares Core S&P Mid-Cap ETF (IJH)
- iShares Core S&P Small-Cap ETF (IJR)
- Foreign Equity
- Vanguard FTSE Emerging Markets ETF (VWO)
- iShares Core MSCI Total Intl Stk ETF (IXUS)
- Vanguard FTSE Developed Markets ETF (VEA)
- Other Asset Classes
- Vanguard Total World Stock ETF (VT)