VIG focuses on quality dividend growers with low fees
The Vanguard Dividend Appreciation ETF has a unique index methodology that requires 10 consecutive years of dividend growth.
This approach helps filter out potential yield traps and focuses on quality dividend growers.
The ETF has a low expense ratio of 0.04%, making it one of the cheapest quality-focused dividend ETFs available.
Its goal is to achieve total return, rather than just yield, which results in strong long-term compounding and lower concentration risk.