$10,000 in This High-Yield Vanguard ETF Incurs a Mere $10 Annual Fee, and It Has Beaten the S&P 500 and Nasdaq Composite in 2024
The S 500 and Nasdaq Composite have both put up excellent gains so far this year and are hovering around all-time highs. But surprisingly, the utility sector has produced a total return of 13.9% year to date -- topping 11.9% for the S 500 and 13.8% for the Nasdaq Composite.
Vanguard offers low-cost exchange-traded funds (ETFs) for all 11 market sectors. Year to date, the Vanguard Utilities ETF (NYSEMKT: VPU) is tied with the Vanguard Communication Services ETF as the best-performing sectors this year -- even better than tech.
With an expense ratio of just 0.1%, $10,000 invested in the Vanguard Utilities ETF incurs just $10 in annual fees. Here's why this ETF is an excellent way to invest in the sector, and the pros and cons of buying the fund now.
Source Fool.com
