With New Fee Cuts, Vanguard Ties Fidelity for Cheapest Sector ETFs

Vanguard, the third-largest U.S. issuer of exchange traded funds, said Wednesday it is lowering the annual fees on 12 of its ETFs, including its 10 sector funds. By reducing fees on sector funds such as the Vanguard Consumer Discretionary ETF (NYSEArca: VCR) and the Vanguard Consumer Staples ETF...