ETF Research and Analysis

by Adam McCullough, CFA
Vanguard S&P 500 Index ETF is a compelling option for exposure to U.S. large-cap stocks. This fund gains a leg up over most of its category peers by efficiently tracking a broadly diversified and representative benchmark   Read more 

Bull Case

The index that this fund tracks is well-diversified and broadly representative of the large-cap equity opportunity set.
This is among the cheapest funds in the category.
The fund’s low turnover keeps transaction costs down. Read more 

Bear Case

Because it only targets large-cap stocks, this fund is less well-diversified than total stock market funds.
Market-cap weighting causes the fund to increase its exposure to stocks as they become larger and more expensive and away from stocks as they become smaller and cheaper, which may have higher expected returns. Read more 

Do thematic ETFs belong in your portfolio? 
Watch more 

Premium Membership

View all of our analyst reports with a free trial to Premium.