Value ETFs pool investor money to purchase undervalued stocks, facilitating diversification. Vanguard Value ETF is noted for low fees and a strong track record, ideal for diversified value investing.

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

The Openbank Savings account is an online high-yield savings option that has no monthly fees. You can access banking features, including checking your balance and initiating online transfers, via the ...