If a frugal friend ever gives you an investing tip, it's likely they'll point you toward Vanguard. It adds up: Whether we're talking about exchange-traded funds (ETFs) or mutual funds, Vanguard is one of the largest and lowest-cost fund sponsors in the U.S.
Indeed, Vanguard's decades-long campaign to lower fees has actually helped bring fund costs down industry-wide. In fact, Vanguard cut fund fees again in February.