It is one of the longest running total market ETFs. However, Vanguard gets the win here because of company structure and underlying philosophy and values. To conclude, Vanguard and iShares are both trusted companies that offer high-quality products. Vanguard, however, has a minimum investment amount of $3,000 for. Fidelity has no minimum investment amount for FXAIX and charges a 0.015% expense ratio, which is $1.50 for every $10,000 invested. That’s somewhat higher than the 0.12-0.15% expense ratios for Vanguard’s LifeStrategy funds (which are themselves somewhat more expensive than what you’d pay with a DIY portfolio of individual index funds), but it’s still well below average for mutual fund. As far as costs, the iShares Core Allocation ETFs have expense ratios of 0.25%. Our country makes up only about 3% of the global equity market, but Vanguard and iShares both overweight domestic stocks in their asset allocation ETFs. Vanguard S&P 500 ETF (VOO) and iShares have the same cost to the investor (expense r. Vanguard ETFs and iShares ETFs are incredibly popular amongst investors. However, it is important to dig a little deeper with our analysis to ensure we have not missed any subtleties that may impact our decision. If we base our decision simply on the number of underlying index holdings that an ETF tracks, Vanguard would beat iShares hands down (7,075 stocks vs. However, keep in mind there's a minimum of $1,000 required for mutual fund accounts. Its huge portfolio of fee-free funds makes it a no-brainer for these types of investors. Vanguard is best for long-term ETF and mutual fund investors looking to keep expense ratios low.

Find the best ETF, compare ETF Facts, Performance, Portfolio, Factors, and ESG metrics in one place. For the calculation of t-stats and very long term factor premium charts, see this article.

All comparisons, except a 0.01% difference on the S&P 500 fund in favor of Vanguard, showed higher average returns in Dimensional Funds and four of the 10 reviewed showed statistical significance.

“With an expense ratio of 0.67%, EEM lost a battle for assets to its Vanguard equivalent, but EEM is still popular with institutions that use the ETF. Yet the recently launched iShares Core MSCI Emerging Markets ETF (IEMG) charges fees of 0.18%. VWO is cheaper than its iShares rival with an expense ratio of 0.2% compared with 0.67% for EEM.

Vanguard expense ratio