Originally Posted by Hydroman
I-Shares Dow Jones Select Dividend (DVY), expense ratio .40
I-Shares S&P 600 Small Cap Value Index (IJS) expense ratio .25
Power Shares International Achiever (PID) expense ratio .65
One of the reasons I went with those three ETFs was the ease of buying & reinvesting dividends. I don't know if there's any difficulty at buying Vanguard's ETFs outside of Vanguard, but Fidelity reinvests the ETF dividends for free.
I don't know how Vanguard builds their index funds but you can probably trust Gus Sauter. (He is the guy doing Vanguard's indexes still, right?) The ETFs have fairly straightforward selection criteria although at least iShares (and probably Powershares) samples rather than completely replicates the index.
I would like to believe that Vanguard has no strings attached to their lower ERs. It'd be interesting to be able to buy the Vanguard ETFs from a Fidelity brokerage account without any hassles-- but there's gotta be a catch!