This recommended investment portfolio is one of 20+ mutual fund portfolios that we've assembled for investors with different time horizons and risk-tolerance levels to consider. Visit our Portfolio Finder to see them all. View Another Investment Portfolio: Aggressive ETF Portfolio Balanced ETF Portfolio Balanced Mutual Fund Portfolio Contrarian ETF Portfolio ETF Portfolio for Growth and Income ETF Portfolio for Long-Term Growth Fidelity Moderate ETF Portfolio High-Income Combo Portfolio High-Yielding ETF Portfolio Higher Risk, Higher Yield ETF Portfolio Higher Risk, Higher Yield Mutual Fund Portfolio Kiplinger 25 for College: 6-10 years away Kiplinger 25 for Income: 5 Years or less Kiplinger 25 for Retirement: 11+ years away Lower Risk, Lower Yield ETF Portfolio Lower Risk, Lower Yield Mutual Fund Portfolio Multi-Asset ETF Portfolio Multi-Asset Mutual Fund Portfolio Overseas Portfolio for ETF Investors Schwab Growth ETF Portfolio Super-Simple Balanced Mutual Fund Portfolio Tax-Exempt Income Portfolio Vanguard Conservative ETF Portfolio Vanguard Index Funds to Buy and Hold Forever Fidelity Moderate ETF PortfolioBased on the Kiplinger ETF 20, our favorite exchange-traded funds. 60% Stocks | 40% Bonds | Data through January 31, 2020 FUND NAME SYMBOL % OFPORTFOLIO YTDRETURN 1-YRRETURN 3-YRRETURN 5-YRRETURN 10-YRRETURN MAX LOAD EXPENSE RATIO iShares Lehman Aggregate BondAGG30%1.91%9.59%4.58%2.95%3.7%none%0.04% iShares Core Dividend Growth ETFDGRO5-1.5420.5314.9612.82—none0.08 FidelityŽ MSCI Real Estate Index ETFFREL101.1616.7110.66——none0.08 iShares S&P Small Cap 600 IndexIJR10-3.996.587.059.4313.24none0.07 iShares S&P 1500 IndexITOT20-0.1420.3113.7611.9313.76none0.03 iShares Core MSCI Total International Stock ETFIXUS15-2.7810.047.755.33—none0.1 iBoxx $ Investment Grade Corp Bond FundLQD102.6316.547.364.686.09none0.15 1000.0213.468.556.135.79 0.08 ** Closed to new investors. # Closed to new investors; other share classes are available. r Maximum redemption fee charged when you sell shares. s Front-end load; redemption fee may apply. — Fund has not existed for the specified time. Source: Morningstar, Inc.. If you're a Fidelity client, you can assemble this well-balanced portfolio without incurring brokerage commissions. This portfolio offers a well-diversified approach to stocks and generates decent yield thanks to ETFs that hold real estate investment trusts and corporate bonds.