DFA vs. Vanguard
I’m interested to hear people’s opinions on how DFA compares to the bigger index fund players. I know Vanguard isn’t the only one that offers index funds/ETF’s, but they’re the most notorious. We could just as easily compare to iShares.
Admittedly, I know little about how index funds or ETF’s are constructed or the indices that they track. I don’t know if VFINX pays S&P a fee to track their index. I don’t know if they have to rebalance the fund every time S&P reconstitutes the index, or how the index is rebalanced. (From the untrained eye, it seems like rebalancing a market-value weighted index would somehow defeat the purpose.)
If anybody has any real insight into how the two differ, I’d be delighted to hear it.
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