ETF Research and Analysis

by Adam McCullough, CFA
Suitability
Vanguard S&P 500 ETF offers exposure to U.S. large-cap stocks. A broadly diversified and reasonably representative benchmark leave this fund well-positioned to continue its long streak of producing superior risk-adjusted   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 

BlackRock Undercuts Its Competition 
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