Take Vanguard ETFs®. They give you the diversification of mutual funds with lower investment minimums and real-time pricing. As more people discover these benefits and invest in our ETFs (exchange-traded funds), we’re able to realize new economies of scale. This helps us to lower costs, and we pass along those savings directly to you.

Now we’re passing along more savings to you in the form of lower expense ratios for 21 Vanguard ETFs, including our 2 largest: Vanguard S&P 500 ETF (VOO) and Vanguard Total Stock Market ETF (VTI). Better yet, if you’re invested in any of these 21 funds, you’re already reaping the rewards. The expense ratios listed in the table below were announced in each fund’s prospectus between February 26, 2019, and April 26, 2019.

See which ETFs are affected

U.S bond ETFs

Ticker

Vanguard ETF name

New

expense ratio

Previous expense ratio

VTEB

Tax-Exempt Bond ETF

0.08%

0.09%

BND

Total Bond Market ETF

0.04%

0.05%

 

U.S. stock ETFs

Ticker

Vanguard ETF name

New

expense ratio

Previous expense ratio

VXF

Extended Market ETF

0.07%

0.08%

VUG

Growth ETF

0.04%

0.05%

VYM

High Dividend Yield ETF

0.06%

0.08%

VV

Large-Cap ETF

0.04%

0.05%

VO

Mid-Cap ETF

0.04%

0.05%

VOO

S&P 500 ETF

0.03%

0.04%

VTI

Total Stock Market ETF

0.03%

0.04%

VTV

Value ETF

0.04%

0.05%

 

International bond ETFs

Ticker

Vanguard ETF name

New

expense ratio

Previous expense ratio

VWOB

Emerging Markets Government Bond ETF

0.30%

0.32%

BNDX

Total International Bond ETF

0.09%

0.11%

 

International stock ETFs

Ticker

Vanguard ETF name

New

expense ratio

Previous expense ratio

VEU

FTSE All-World ex-US ETF

0.09%

0.11%

VSS

FTSE All-World ex-US Small-Cap ETF

0.12%

0.13%

VEA

FTSE Developed Markets ETF

0.05%

0.07%

VWO

FTSE Emerging Markets ETF

0.12%

0.14%

VGK

FTSE Europe ETF

0.09%

0.10%

VPL

FTSE Pacific ETF

0.09%

0.10%

VNQI

Global ex-U.S. Real Estate ETF

0.12%

0.14%

VXUS

Total International Stock ETF

0.09%

0.11%

VT

Total World Stock ETF

0.09%

0.10%

 

Low costs are just one reason to love ETFs

Are you ready for high-quality, low-cost ETFs?

Choose your Vanguard ETFs now

Why are more people investing in Vanguard ETFs? Their low costs are just one reason—the average expense ratios of Vanguard ETFs is 74% less than the industry average.1 In fact, our passion for low costs has been our driving force since we opened our doors more than 40 years ago.

And ETF investment minimums are as low as the price of 1 share, keeping them within reach of the average investor. In addition, our ETFs have been commission-free* for nearly a decade when you buy and sell them in a Vanguard Brokerage Account.

Another reason to love our ETFs: We don’t chase investing fads. We never have. We make thoughtful decisions about every ETF we introduce and believe in providing investment options that have proven, enduring value.

So take a look at Vanguard ETFs. You can trust that we’ll continue to look for ways to drive down the cost of investing—now and in the future—to help you achieve your investing goals.

 

*Commission-free trading of Vanguard ETFs applies to trades placed both online and by phone. All ETFs are subject to management fees and expenses; refer to each ETF’s prospectus for more information. Account service fees may also apply. All ETF sales are subject to a securities transaction fee. See the Vanguard Brokerage Services® commission and fee schedules for full details.

1Vanguard average ETF expense ratio: 0.07%. Industry average ETF expense ratio: 0.27%. All averages are asset-weighted. Industry averages exclude Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2018.

Notes:

You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). See the Vanguard Brokerage Services commission and fee schedules for full details. Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.

All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss.

Vanguard is client-owned. As client owners, individual shareholders own the funds that own Vanguard.