Saturday, August 22, 2009

Record Low ETF Expense Ratio = .07%

With expense ratios of only 0.07%, the Vanguard Total Stock Market ETF (VTI) and the Vanguard Large Cap ETF (VV) hold the record for the lowest expense ratio among the 835 Exchange Traded Funds (ETFs) listed here. That would be only $70 in expenses for an investment of $100,000. Like the street merchants selling souvenirs on Arbat Street in Moscow declare "Our prices are so low, it's almost free."

At the top of the list for ETF expense ratios is one of the Claymore ETFs at 1.78%.
Originally posted at Carpe Diem.


At 8/22/2009 4:07 PM, Anonymous Anonymous said...

Thank you John Bogle!

He should be the model for integrity in the financial industry.

At 8/23/2009 12:08 AM, Anonymous Anonymous said...

in many ways I agree - OTOH he despises ETFS and fought them at vanguard. And he's a sanctimonious moralist on issues of greed and avarice.

At 8/24/2009 5:16 AM, Anonymous Anonymous said...

Bogle doesn't like ETFs for investors if they are used to trade. He didn't support the Vanguard ETFs because he thought they would encourage trading, which is one of the biggest reasons for under-performance (thanks to the fees involved) and something he's fought against his entire career.

John Bogle is the patron saint of mutual funds, he's done so much to help the average small time investor that he can be as sanctimonious as he wants in my book (though I don't find him so). Thank you Saint Bogle!


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