How Low Can Vanguard Go? Sector ETFs Get Expense Cuts

Vanguard, the Pennsylvania-based provider of ETFs and mutual funds known for its low management expenses, has further enhanced the cost efficiency on its lineup of sector-specific ETFs. The company announced that the expense ratios on a handful of its sector funds have been cut to 0.19%, making them slightly cheaper than the popular lineup of Sector SPDRs and on par with several FocusShares ETFs. The Vanguard sector ETFs and their expense ratios are now as follows [sign up for the free ETFdb newsletter]: Ticker Sector ER AUM VCR Consumer Disc. 0.19% $348 VDC Consumer Staples 0.19% $885 VDE Energy 0.19% $1,730 VFH Financials 0.23% $538 VHT Health Care 0.19% $725 VIS Industrials 0.19% $432 VGT Technology 0.19% $1,894 VAW Materials 0.19% $530 VOX Telecom 0.19% $366 VPU Utilities 0.19% $1,041 Each of the funds highlighted above will now be at least tied for the lowest expense ratio in their respective [...] Click here to read the original article on ETFdb.com. Related Posts: Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Ten New Year’s Resolutions For ETF Investors Where The ETF Money Is Flowing (The Answer Might Surprise You) 10 Most Useful New ETFs Of 2011 (For Buy-And-Hold Investors) Cost Competition: Inflows Surge For Cheap ETFs