Journal Of Indexes

AROUND THE WORLD OF ETFs

Vanguard Debuts Russell-Based ETFs
Vanguard launched seven new funds based on Russell indexes in September as part of an ambitious expansion plan to have a broad lineup of Vanguard products that give different advisers who favor different indexes the tools they need. In keeping with Vanguard’s aggressive stance on expenses, the new funds carry annual expense ratios ranging from 0.12 percent to 0.20 percent—priced to undercut its main competitor, iShares.

ETF Report

 Vanguard Debuts Russell-Based ETFs

Vanguard launched seven new funds based on Russell indexes in September. The new funds represent the latest step in an ambitious expansion plan, the third-biggest U.S. ETF company announced earlier this year, and kicked off with the launch of a family of S&P-based ETFs, including an S&P 500 ETF (NYSE Arca: VOO).

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.