State Street Undercuts Vanguard Expense Ratios

ETF reading list for today:

SSgA Undercuts Vanguard On Sector ETFs – State Street Global Advisors goes after Vanguard’s status as the low-cost provider by slicing the expense ratios on its nine “select sector” funds.
Each State Street fund is now 0.01% cheaper than the Vanguard fund tracking the same sector.

U.S. News and World Report finally discovers ETFs.

Stock, Treasury ETFs Send Mixed Messages on Economy. Even as the stock market rallies, the iShares Barclays 20+ Year Treasury (TLT) has gained about 3% over the past week.

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