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Own the Whole U.S. Stock Market on the Cheap

A lower fee and a new benchmark have upped this total stock market ETF's appeal.

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About the Author

Michael Rawson

Michael Rawson, CFA, is an analyst covering equity strategies on Morningstar’s manager research team. He covers offerings from Vanguard, Fidelity, and iShares, among others. In addition, he researches asset flows, active versus passive investing, and trends in expense ratios.

Before joining Morningstar in 2010, he worked as a quantitative equity analyst for PNC Capital Advisors and Harris Investment Management.

Rawson holds a bachelor’s degree in finance from the University of Illinois and a master’s degree in finance from the University of Wisconsin. He also holds the Chartered Financial Analyst® designation.

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