In the world of investing, the advice to 'keep it simple' can often lead to substantial returns, especially when considering exchange-traded funds (ETFs). These financial products offer a straightforward avenue for individual investors to build wealth over time, even with a modest initial investment of $1,000. Let's explore two exemplary ETFs that embody the philosophy of simplicity while delivering strong performance. **Vanguard Growth Index Fund ETF** The first recommendation is the Vanguard Growth Index Fund ETF (NYSEMKT: VUG). This fund is particularly appealing for investors who prefer a 'set it and forget it' approach to their financial strategy. The Vanguard Growth ETF is primarily focused on large-cap growth stocks, making it a vehicle that aligns with investors looking to capitalize on the potential of rapidly growing companies. Interestingly, this ETF is heavily weighted towards what many refer to as the 'Magnificent Seven', which includes industry giants such as Nvidia, Apple, Microsoft, Alphabet (Google's parent company), Meta Platforms (formerly Facebook), Amazon, and Tesla. Together, these stocks represent over 54% of the fund's total holdings. While some investors may perceive this concentration as a risk, it's important to note that these companies are also major components of key benchmark indices like the S&P 500, contributing to the fund's stability and growth potential. Over the past decade, the Vanguard Growth ETF has not only matched the performance of the S&P 500 but has actually outperformed it. Since 2015, the fund has achieved a compound annual growth rate (CAGR) of 14.2%, surpassing the S&P 500's CAGR of 12.5%. This impressive track record is underscored by the fund's remarkably low expense ratio of just 0.04%. For investors, this means that a $10,000 investment would incur an annual fee of only $4, allowing more of their investment to contribute to growth. Given its robust performance and minimal costs, this ETF is a compelling option for long-term investors looking for a simple yet effective strategy. **Vanguard High Dividend Yield Index Fund ETF** The second standout is the Vanguard High Dividend Yield Index Fund ETF (NYSEMKT: VYM). While the Vanguard Growth ETF is tailored for those chasing growth, the High Dividend Yield ETF caters to investors who prioritize income generation. This fund's focus is on delivering consistent dividends, making it an attractive choice for individuals seeking to supplement their income, particularly those nearing or in retirement. Reflecting a value-oriented philosophy, the fund's top holdings include esteemed companies such as Bank of America, Coca-Cola, Chevron, JPMorgan Chase, Broadcom, Walmart, ExxonMobil, and Procter & Gamble. The diversity of its holdings spans sectors like finance, energy, and healthcare, many of which are known for their reliable dividend payouts. As of the latest figures, the fund offers a dividend yield of 2.9%. While this yield may not be the highest available among dividend-focused ETFs, its stability and the quality of its underlying stocks make it a strong consideration for income-seeking investors. Moreover, this fund also boasts a low expense ratio of 0.06%, meaning investors keep more of their returns. For instance, a $10,000 investment would incur a fee of just $6 per year, allowing investors to maximize their potential income. In summary, both the Vanguard Growth Index Fund ETF and the Vanguard High Dividend Yield Index Fund ETF exemplify how simplicity in investment choices can lead to substantial returns. Whether an investor is looking for growth or income, these ETFs provide excellent options for building a resilient and profitable portfolio without the complexity typically associated with stock picking.