We started down this road nearly 45 years ago—so for us, it’s “business as usual.” We’re also proud to have laid the low-cost groundwork for other companies to follow—something industry experts called The Vanguard Effect®, but something we call just another day at Vanguard.

See which Vanguard funds have lower expenses

Unless noted otherwise, each fund’s most recent prospectus published the expense ratios listed below.**

U.S. bond funds


Ticker
Vanguard fund name		 Previous expense ratio New
expense ratio
VCOBX Core Bond Fund Admiral™Shares** 0.13% 0.10%
VCIT Intermediate-Term Corporate Bond ETF 0.07% 0.05%
VGIT Intermediate-Term Treasury ETF 0.07% 0.05%
VCLT Long-Term Corporate Bond ETF 0.07% 0.05%
VGLT Long-Term Treasury ETF 0.07% 0.05%
VMBS Mortgage-Backed Securities ETF 0.07% 0.05%
VCSH Short-Term Corporate Bond ETF 0.07% 0.05%
VTIP Short-Term Inflation-Protected Securities ETF** 0.06% 0.05%
VGSH Short-Term Treasury ETF 0.07% 0.05%
VTEB Tax-Exempt Bond ETF** 0.08% 0.06%
VTC Total Corporate Bond ETF 0.07% 0.05%

 

Balanced funds


Ticker
Vanguard fund name		 Previous expense ratio New
expense ratio
VGYAX Global Wellesley® Income Fund Admiral Shares 0.33% 0.32%
VGWIX Global Wellesley Income Fund Investor Shares 0.43% 0.42%

 

U.S. stock funds


Ticker
Vanguard fund name		 Previous expense ratio New
expense ratio
VEXPX Explorer™ Fund Investor Shares** 0.46% 0.45%
VEVFX Explorer Value™ Fund 0.56% 0.55%
VONE Russell 1000 ETF 0.12% 0.08%
VONG Russell 1000 Growth ETF 0.12% 0.08%
VONV Russell 1000 Value ETF 0.12% 0.08%
VTWO Russell 2000 ETF 0.15% 0.10%
VTWG Russell 2000 Growth ETF 0.20% 0.15%
VTWV Russell 2000 Value ETF 0.20% 0.15%
VTHR Russell 3000 ETF 0.15% 0.10%
VOOG S&P 500 Growth ETF 0.15% 0.10%
VOOV S&P 500 Value ETF 0.15% 0.10%
IVOO S&P Mid-Cap 400 ETF 0.15% 0.10%
IVOG S&P Mid-Cap 400 Growth ETF 0.20% 0.15%
IVOV S&P Mid-Cap 400 Value ETF 0.20% 0.15%
VIOO S&P Small-Cap 600 ETF 0.15% 0.10%
VIOG S&P Small-Cap 600 Growth ETF 0.20% 0.16%
VIOV S&P Small-Cap 600 Value ETF 0.20% 0.15%
VASVX Selected Value Fund** 0.36% 0.33%
VSTCX Strategic Small-Cap Equity Fund** 0.29% 0.26%
VWUAX U.S. Growth Fund Admiral Shares 0.30% 0.28%
VWUSX U.S. Growth Fund Investor Shares 0.42% 0.39%
VWNEX Windsor™Fund Admiral Shares** 0.21% 0.20%
VWNDX Windsor Fund Investor Shares** 0.31% 0.30%

 

International bond funds


Ticker
Vanguard fund name		 Previous expense ratio New
expense ratio
VWOB Emerging Markets Government Bond ETF** 0.30% 0.25%
VGAVX Emerging Markets Government Bond Index Fund Admiral Shares** 0.30% 0.25%
BNDX Total International Bond ETF** 0.09% 0.08%
BNDW Total World Bond ETF 0.09% 0.06%

 

International stock funds


Ticker
Vanguard fund name		 Previous expense ratio New
expense ratio
VMMSX Emerging Markets Select Stock Fund** 0.94% 0.93%
VEU FTSE All-World ex-US ETF** 0.09% 0.08%
VSS FTSE All-World ex-US Small-Cap ETF** 0.12% 0.11%
VWO FTSE Emerging Markets ETF** 0.12% 0.10%
VGK FTSE Europe ETF** 0.09% 0.08%
VPL FTSE Pacific ETF** 0.09% 0.08%
VMNVX Global Minimum Volatility Fund Admiral Shares** 0.15% 0.14%
VMVFX Global Minimum Volatility Fund Investor Shares** 0.23% 0.21%
VIAAX International Dividend Appreciation Index Fund Admiral Shares** 0.25% 0.20%
VIGI International Dividend Appreciation ETF** 0.25% 0.20%
VWIGX International Growth Fund Investor Shares 0.45% 0.43%
VIHAX International High Dividend Yield Index Fund Admiral Shares** 0.32% 0.27%
VYMI International High Dividend Yield ETF** 0.32% 0.27%
VTRIX International Value Fund** 0.38% 0.37%
VXUS Total International Stock ETF** 0.09% 0.08%
VT Total World Stock ETF** 0.09% 0.08%