Wednesday, May 1, 2019

Expense Ratio Update - Vanguard ETF vs. Mutual Fund

Vanguard lowered the expense ratio for 21 ETFs on April 26, 2019 (link).  Some ETFs now have a lower expense ratio than their corresponding Admiral Shares.  Below is a side by side comparison of the funds:

Vanguard FundETF TickerExpense RatioMutual Fund TickerExpense Ratio
Tax-Exempt BondVTEB0.08%VTEAX0.09%
Total Bond MarketBND0.04%VBTLX0.05%
Extended MarketVXF0.07%VEXAX0.07%
GrowthVUG0.04%VIGAX0.05%
High Dividend YieldVYM0.06%VHYAX0.08%
Large-CapVV0.04%VLCAX0.05%
Mid-CapVO0.04%VIMAX0.05%
S&P 500VOO0.03%VFIAX0.04%
Total Stock MarketVTI0.03%VTSAX0.04%
ValueVTV0.04%VVIAX0.05%
Emerging Markets Government BondVWOB0.30%VGAVX0.30%
Total International BondBNDX0.09%VTABX0.11%
FTSE All-World ex-USVEU0.09%VFWAX0.11%
FTSE All-World ex-US Small-CapVSS0.12%VFSAX0.16%
FTSE Developed MarketsVEA0.05%VTMGX0.07%
FTSE Emerging MarketsVWO0.12%VEMAX0.14%
FTSE EuropeVGK0.09%VEUSX0.10%
FTSE PacificVPL0.09%VPADX0.10%
Global ex-U.S. Real EstateVNQI0.12%VGRLX0.12%
Total International StockVXUS0.09%VTIAX0.11%
Total World StockVT0.09%VTWAX0.10%
AVERAGE0.08%0.09%

Expense Ratio Update - Vanguard ETF vs. Mutual Fund

Vanguard lowered the expense ratio for 21 ETFs on April 26, 2019 ( link ).  Some ETFs now have a lower expense ratio than their correspondin...