Only two Vanguard ETFs have outperformed Buffett's favorite ETF over the long run. Warren Buffett has dropped enough hints to ascertain that his favorite exchange-traded fund (ETF) is the Vanguard S&P 500 ETF (NYSEMKT: VOO). This ETF has been a huge winner historically, but which Vanguard ETFs have beaten Buffett's favorite ETF since inception?