The Impact of Vanguard’s ETF Fee Cuts Will Vary by Category

Published on February 4, 2025

In some areas, Vanguard does not have the largest ETFs and could use the fee cuts to gain market share.

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US Exceptionalism Is the Only Game in Town

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The dollar and US stocks have benefitted tremendously from recent global portfolio inflows. As of June 2023, the latest data available, foreigners owned a record 17% of US equities.

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