Jeff DeMaso

467 posts

Weekly Brief

WEEKLY BRIEF | Vanguard’s Filing Fumble & Cash Yield Cut

Government shutdown ends with stocks higher | An active ETFs filing fiasco | Cash Plus Account’s yield slips

| 5 min read
IVA Research

Cheap, Clean, and Unproven: A Closer Look at Vanguard’s First Active Stock ETFs

The new Wellington-run ETFs offer competitive (but not standout) pricing and tax-friendly wrappers—but the strategies still need to earn their keep.

| 11 min read
Quick Take

IVA QUICK TAKE | Too Good to Be True

Vanguard’s first active ETFs won’t carry the rock-bottom fees first advertised. A filing error, not a strategy shift—and a reminder that Vanguard’s tech still needs work.

| 1 min read
Quick Take

IVA QUICK TAKE | Vanguard’s First Human-Run ETFs Are (Nearly) Here

The fund giant’s new ETFs come with standout pricing—but cost alone doesn’t make them must-own investments.

| 4 min read
Weekly Brief

Don’t Mistake Noise for Trouble

Minor pullbacks, noisy labor data | Vanguard’s latest marketing pushes—Cash Plus Account and Fully Paid Lending

| 7 min read
IVA Research

Vanguard’s Official Capital Gain Estimates: 2025

What you need to know to navigate 2025’s year-end cap gain distributions.

| 16 min read