2006-11-15 13:05:09 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Vanguard S&P 500.
Vanguard has 0% redemption fee, Etrade has 1%
Vanguard expense ratio: 0.18%/0.09% for Admiral shares, Etrade 0.09%
Vanguard tracking error: 0.05%, Etrade: 0.79%
Winner: Vanguard mostly because you don't pay the 1% when you sell, but they have less tracking error for amost the same expense fee. Tracking error is the difference between the portfolio and what the underlying benchmark did. It's important because it shows how efficient/dilligent the investor is. You don't want a benchmark fund with too much tracking error, because then it really isn't a benchmark fund (i.e. somebody is taking on risk when you didn't expect them to).
2006-11-15 13:21:20 · answer #1 · answered by csanda 6 · 0⤊ 0⤋
Go to yahoo finance , get the chart of Vanguard SP500 and then compare with Etrade' s . The one make most % gains for a selected period will be better.
2006-11-15 21:13:26 · answer #2 · answered by Pk D 3 · 0⤊ 0⤋
Have a look at the links on this page to see if maybe there is a fund better than both of them:
http://www.best-stock-trading-systems.com/mutual_fund_ratings.html
2006-11-17 03:21:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋