Vanguard Group's Standard & Poor's 500 ETF is on the edge of finally seizing the title of the world's largest exchange-traded fund from rival State Street Global Advisors' product, the SPDR S&P 500 Trust ,

With Vanguard taking the top place among the ETF providers, it is now time to consider two of its ETFs with over 10% upside potential in the next 12 months. These include Vanguard Communication Services ETF (VOX) and Vanguard Dividend Appreciation ETF (VIG).

Vanguard has unseated State Street for the title of the world’s biggest exchange-traded fund, ushering in a new world order for the $11 trillion industry.

The oldest exchange-traded fund listed in the U.S. has just been surpassed in assets under management by a Vanguard ETF that more cheaply tracks the S&P 500 index.

Vanguard Group's Standard & Poor's 500 ETF overtook rival State Street Global Advisors' SPDR S&P 500 Trust , on Tuesday to become the world's largest exchange-traded fund, according to data from FactSet.