As you may know, I have been a passionate advocate of ETFs for many years. That advocacy has been expressed extensively in my various publications.
With $43.1 billion in assets under management, VNQ is Vanguard’s fourth-largest ETF. Its competitive 0.1% expense ratio is 93% lower, according to Morningstar, than the average for similar funds.
As was widely anticipated, today the Federal Reserve announced the end of its massive bond-buying program.
VEA is Vanguard’s third-largest fund by assets under management at $44.46 billion, and its 0.09% expense ratio is less than a quarter of the average ratio for similarly allocated funds.
Since last week’s severe drubbing in stocks, the market has made a notable comeback, but does this mean that the correction is over? I dare say not.
Following last week’s introduction to exchange-traded fund (ETF) provider Vanguard and its low-expense-ratio funds, we turn our attention today to an offering with a 0.05% expense ratio.