[Image: Ken Teegardin via CC by SA 2.0]

“You get what you pay for.” This usually refers to the poor quality of cheap products. But, it may not always be the case with ETF investments.

The Top 10 Cheapest BUY ETFs include funds with below the 0.59 percent industry average expense ratio, and nearly all produce well above average one-, three-, and five-year total returns.

These funds are very cheap, with their expense ratios ranging between 0.03 percent and 0.07 percent. Their five-year total returns are also all significantly higher than the 17.74 percent average for the industry. In fact, the lowest five-year return of 84.49 percent is nearly five times the average.

Funds provided by iShares, Schwab, and Vanguard dominate the list, with most of their investments in large publicly traded U.S. companies.

Any of the 10 ETFs below can provide investors with double digit returns over the three- and five-year periods without charging a substantial fee.