Note: This article is part of Morningstar's 2019 Portfolio Tuneup week. A version of this article appeared on Jan. 26, 2018.
Exchange-traded funds may have initially appealed to fast-trading, aggressive investors, but they can work well for slow and steady types, too, including conservative investors.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.