ETFs for the long haul

With more than 1,100 exchange traded funds to choose from, the ETF market can be tough to navigate. Here are 6 ETFs that experts like for their long-term potential.

Staying on track with ETFs
Staying on track with ETFs

Thanks to their low-cost and tax-friendly structure, exchange traded funds are increasingly gaining favor with investors.

The market for ETFs is fairly young, with the first fund launching just 18 years ago. Today, there are more than 1,100 to choose from and the market is growing by leaps and bounds.

Some ETFs track broad indexes, such as the Vanguard Total Stock Market ETF (VTI), while others are more narrow, such as ones that track gold or silver. And some carry higher risks than others.

To help make it easier for you, we asked industry experts to pick ETFs that they think will offer the best returns for the long haul.

By Hibah Yousuf, staff reporter @CNNMoneyInvest - Last updated December 20 2011: 11:38 AM ET

Young people are all about keeping up with the latest trends, even when it comes to their investing strategies.