Vanguard has launched eight index mutual funds and nine exchange-traded funds based on Standard & Poor's domestic stock benchmarks.

Among the products are ETF shares of Vanguard’s flagship Vanguard 500 Index Fund, the industry’s first index mutual fund for individual investors and currently the second-largest index mutual fund,with $86.8 billion in net assets, according to Lipper Inc. The Vanguard S&P 500 ETF has an expense ratio of 0.06%, which is the lowest expense ratio for an ETF based on the S&P 500 Index, according to Morningstar Inc.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.