This Overlooked Vanguard ETF Could Be the Smartest Place to Park Your Money Right Now
This overlooked ETF has been the best-performing broad-market Vanguard ETF over the past five years.
Overview
Vanguard has become synonymous with indexing, low expense ratios, and exchange-traded funds (ETFs). It is the largest provider of ETFs in the U.S., recently overtaking iShares in U.S.-based ETF assets. Five of the 10 largest ETFs by assets are managed by Vanguard, led by the first trillion-dollar fund, the Vanguard S&P 500 ETF.
You may have one or more Vanguard ETFs in your portfolio right now. One you should consider, if you don't own it already, is often overlooked: the Vanguard U.S. Multifactor ETF (NYSEMKT: VFMF).
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.