The 7 Best ETFs for Trump's Tax Cuts

Republicans in the House and Senate have passed their respective versions of a sweeping tax overhaul over the past couple weeks.

WASHINGTON, DC - NOVEMBER 30:Senate Majority Leader Mitch McConnell (R-KY) talks with reporters after leaving a tax reform news conference in the Dirksen Senate Office Building on Capitol Hil
(Image credit: Getty Images)

Republicans in the House and Senate have passed their respective versions of a sweeping tax overhaul over the past couple weeks. The goal now: Reconcile those versions into a single piece of legislation that both groups of lawmakers can pass, then move them along to President Donald Trump, who has a stated goal of signing off on some sort of tax plan by Christmas.

That’s easier said than done, but right now, momentum is on Republicans’ side. And while details could change, we at least have a broad idea of what’s coming should the GOP succeed.

Investors could do well to start targeting and edging into positions that stand to benefit from a major overhaul of the American tax code. While they can do so via a few individual stock picks, the best ETFs geared toward broad tax cuts offer far more diversification while still being able to profit from this economic driver.

Here are the seven best ETFs to buy in anticipation of a Republican tax victory.

Data is as of Dec. 6, 2017. Yields represent the trailing 12-month yield, which is a standard measure for equity funds. Click on ticker-symbol links in each slide for current share prices and more.

Kyle Woodley
Senior Investing Editor, Kiplinger.com

Kyle is senior investing editor for Kiplinger.com. As a writer and columnist, he also specializes in exchange-traded funds. He joined Kiplinger in September 2017 after spending six years at InvestorPlace.com, where he managed the editorial staff. His work has appeared in several outlets, including U.S. News & World Report and MSN Money, he has appeared as a guest on Fox Business Network and Money Radio, and he has been quoted in MarketWatch, Vice and Univision, among other outlets. He is a proud graduate of The Ohio State University, where he earned a BA in journalism.