Journal Of Indexes

Vanguard In Massive ETF Rollout

On Sept. 9, Vanguard Group realized a long-standing objective with the launch of an S&P 500 ETF amidst a massive expansion of its lineup.

The Vanguard S&P 500 ETF (NYSE Arca: VOO) costs investors 0.06 percent in annual fees, compared with 0.09 percent for both the $68 billion State Street Global Advisors’ SPDR S&P 500 (NYSE Arca: SPY) and the $22 billion iShares S&P 500 Index Fund (NYSE Arca: IVV). Time will tell if VOO is able to poach investors from SPY, the world’s biggest ETF.