Vanguard Just Slashed Fees the Most It Has in 50 Years -- Here Are 2 Vanguard ETFs to Buy Right Now

Vanguard recently executed its largest cut to investment fees in its roughly five-decade existence. The largest investment management firm in the world lowered the expense ratio on 168 of its mutual funds and exchange-traded funds (ETFs). The expense ratio is paid by investors and helps cover operating costs for running the fund, including management fees (if applicable), marketing and administrative expenses, legal fees, and much more.The average ETF expense ratio for an index equity ETF in 2023 was 0.15%, although the ratios can vary widely based on factors such as active or passive management and the assets being tracked. With the recent slash in fees, here are two Vanguard ETFs to buy right now.The Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) helps investors easily get access to a basket of international stocks with above-average dividend yields. Vanguard dropped the expense ratio on the fund from 0.22% to 0.17%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool