Why This Vanguard ETF Doesn't Belong in Your Portfolio

Vanguard has developed a pristine reputation on Wall Street from its conservatively run business model and lineup of cheap investment products. The company is currently the second-largest exchange-traded fund (ETF) issuer in the world with managed assets of more than $4 trillion. At its current pace, it could top BlackRock for the No. 1 spot within the next year or two. Vanguard currently offers more than 100 ETFs, most of them with expense ratios of 0.1% or less. That could lead most people to believe th ...