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 Vanguard Conservative ETF PortfolioBased on the Kiplinger ETF 20, our favorite exchange-traded funds. 40% Stocks | 60% Bonds | Data through March 31, 2019 FUND NAME SYMBOL % OFPORTFOLIO YTDRETURN 1-YRRETURN 3-YRRETURN 5-YRRETURN 10-YRRETURN MAX LOAD EXPENSE RATIO Vanguard Total Bond Market Index ETFBND15%2.98%4.54%1.99%2.68%3.68%none%0.04% Vanguard Total International Bond Index Fund ETF SharesBNDX53.075.153.24.13—none0.09 Vanguard Small Cap ETFVB516.195.5912.797.9116.98none0.05 Vanguard Intermediate-Term Corporate Bond Index Fund ETF SharesVCIT405.4188.8.131.52—none0.07 Vanguard Total Stock Market ETFVTI2014.038.8213.5310.3416.06none0.03 Vanguard Total International Stock Index Fund ETF SharesVXUS1010.25-5.198.072.778.9none0.09 Vanguard High Dividend Yield ETFVYM510.737.2710.859.6315.54none0.06 1007.965.296.525.46.28 0.06 ** 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.. This portfolio is for Vanguard clients who want some growth but don't want too much stock-market risk — ETFs holding high-quality corporate and governent bonds make up the largest share of the pie. If you want to cut risk even more, drop the small-cap ETF and cut the allocation to the foreign-stock ETF to 5%. These Vanguard-sponsored ETFs won't cost you a penny to trade if you have a Vanguard brokerage account.