Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the Vanguard Dividend Appreciation ETF (NYSE: VIG) has earned a respected four-star ranking.

With that in mind, let's take a closer look at VIG and see what CAPS investors are saying about the ETF right now.

VIG facts

  

Inception

April 2006

Total Net Assets

$14.9 billion

Investment Approach

Seeks to track the performance of the Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time.

Expense Ratio

0.13%

1-Year / 3-year / 5-Year Annualized Returns

18.2%/12.8%/7%

Dividend Yield

2.2%

Alternatives

iShares Dow Jones Select Dividend Index (NYSE: DYY)

Vanguard High Dividend Yield Index ETF (NYSE: DVY)

WisdomTree LargeCap Dividend (NYSE: DLN)

Sources: Morningstar and Motley Fool CAPS.

On CAPS, 95% of the 277 members who have rated VIG believe the ETF will outperform the S&P 500 going forward.

Just last week, one of those Fools, All-Star starpark88, succinctly summed up the VIG bull case for our community:

My core holding and an ETF for the long run. It isn't sexy but the diversification and low fees should make it slightly underperform in good times and significantly overperform in bad. The dividend isn't great but the growth rate far outpaces inflation while the stock screen selects companies that can keep their dividend up. My biggest issue with this fund is how long it takes for a company to qualify, which selects out some huge winners but also many huge losers.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.