What is an asset allocation ETF?

Asset allocation ETFs are built to deliver a specific mix, like 60/40 or 80/20, and they usually rebalance to keep the mix near target.

They can be useful for investors who want simplicity and automatic rebalancing without building a portfolio from scratch.

When choosing one, check what it uses for equity and bond exposure, whether it includes international markets, the rebalancing frequency, and total fees. The convenience is real, but it's worth understanding what you're delegating to the fund.