The Cheapest Way to Own the S&P 500

The diversity of investment offerings from Vanguard, a low-expense-ratio exchange-traded fund (ETF) provider, is showcased in this week???s ETF Talk that features Vanguard S&P 500 ETF (VOO), an S&P 500-based ETF.

VOO is one of Vanguard???s most popular funds; it held $21.8 billion in assets under management at the end of the third quarter. This fund???s expense ratio of just 0.05% is 95% lower than the average for funds with similar holdings.

VOO tracks the performance of an index that measures the investment return of large-capitalization stocks. It attempts to replicate the results of the S&P 500, holding each stock in approximately the same proportion as its weighting in the index.

Read more about this low-expense-ratio S&P 500 exchange-traded fund at Eagle Daily Investor.