Vanguard’s fund, known by its ticker VOO, held assets of $631.8bn in early US trading on Tuesday, pushing it ahead of the $630.3bn of State Street’s SPY, which was the first-ever US ETF when it ...

That compares to an industry average of 0.52% for active bond funds and 0.11% for passively managed vehicles. Vanguard’s recently released 10-year outlook projects that US bonds will outperform ...