VIG: I'm Downgrading This $93 Billion Dividend Growth ETF

Summary

• VIG is a low-cost, well-diversified dividend growth fund with $93 billion in assets under management. It's a solid choice in the large-cap value category, but newer options look attractive.
• This article highlights VIG's fundamentals against DGRW, AVLV, PVAL, and CGDV, demonstrating that its value and growth combination is the weakest of the five.
• In my opinion, VIG's advantages aren't enough to outweigh its negatives, so I've decided to downgrade VIG and encourage readers to consider alternatives.

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Investment Thesis

I last covered the Vanguard Dividend Appreciation Index Fund ETF (NYSEARCA:VIG) on March 21, 2024, where I reiterated my "buy" rating based on its reasonable sales and earnings growth potential, an exceedingly

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VIG, SCHD, SPY, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.