New Vanguard S&P500 ETF
In the month of September 2010, there were 9 new ETFs released, including 3 New Vanguard S&P500 ETF introduced to the market place. Each one of these ETFs has an extremely low operating cost with expected expense rations to be in the range of 0.06% to 0.20%.
The list of new ETFs by Vanguard is the Vanguard S&P 500 (VOO) that has a target index of the S&P 500 index. The next one is the Vanguard S&P 500 Value (VOOV) that has a target index of the S&P 500 Value Index. The last in this list is the Vanguard S&P 500 Growth (VOOG) which targets the S&P 500 Growth Index.
There were also 3 Vanguard Funds introduced relating to the S&P Mid-Cap 400. These were the Vanguard S&P Mid-Cap 400 (IVOO) that targets the S&P Midcap 400 Index, the Vanguard S&P Mid-Cap 400 Value (IVOV) that targets the S&P Midcap 400 Value Index, and the Vanguard S&P Mid-Cap 400 Growth (IVOG) that targets the S&P Midcap 400 Growth Index.
In addition, there were 3 related to the Small-Cap 600. These were the Vanguard S&P Small-Cap 600 (VIOO} that targets the S&P SmallCap 600 Index, the Vanguard S&P Small-Cap 600 Value (VIOV) that targets the S&P SmallCap 600 Value Index, and the Vanguard S&P Small-Cap 600 Growth (VIOG) that targets the S&P SmallCap 600 Growth Index.
The sale of the 3 New Vanguard S&P500 ETFs along with the other six occurred on September 9, 2010. The only question is if they will accurately track their indexes while keeping their cost at these ultra low levels.
For more reference about investments from Vanguard on this site, please view Top Vanguard Mutual Funds.
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