For more information about Vanguard mutual funds and ETFs, visitVanguard mutual fund prospectusesorVanguard ETF prospectusesto obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
*Vanguard average mutual fund expense ratio: 0.09%. Industry average mutual fund expense ratio: 0.50%. All averages are asset-weighted. Industry average excludes Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2023.
**Commission-free trading of Vanguard ETFs applies to trades placed both online and by phone. Commission-free trading of non-Vanguard ETFs excludesleveraged and inverse ETFsand applies only to trades placed online; most clients will pay a commission to buy or sell non-Vanguard ETFs by phone. Commission-free trading of non-Vanguard ETFs also excludes 401(k) participants using the Self-Directed Brokerage Option; see your plan's current commission schedule. Vanguard Brokerage reserves the right to change the non-Vanguard ETFs included in these offers at any time. 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 theVanguard Brokerage Services commission and fee schedulesfor limits.
***Some funds have higher minimums to protect the funds from short-term trading activity. Fund-specific details are provided ineach fund profile.
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). Vanguard ETF Shares aren't 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'll pay or receive the current market price, which may be more or less than net asset value.
Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year (the "target date") when an investor in the fund would retire and leave the workforce. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in a Target Retirement Fund is not guaranteed at any time, including on or after the target date.
All investing is subject to risk, including the possible loss of the money you invest.
FAQs
Vanguard Brokerage Services® won't assess the fee if a client's total qualifying Vanguard assets are at least $5 million. Mutual fund-only accounts: $25 for each Vanguard mutual fund. We'll waive the fee if you have at least $5 million in qualifying Vanguard assets.
What is the average mutual fund fee for Vanguard? ›
Stocks, CDs & bonds
Buy and sell: *Vanguard average ETF and mutual fund expense ratio: 0.08%. Industry average ETF and mutual fund expense ratio: 0.44%.
Why are Vanguard fees so low? ›
To keep costs low, Vanguard often uses a sampling strategy to construct its index funds using less than the total number of assets in an index. Vanguard offers funds that track a wide variety of market indices, large and small.
Is Vanguard now charging fees? ›
Vanguard charges a $25 annual service fee on brokerage account holders that haven't signed up for electronic delivery of statements and other materials rather than getting them through snail mail, and investors who haven't converted legacy mutual fund accounts into brokerage accounts are tapped for $25 annually for ...
Is Fidelity better than Vanguard? ›
Overall, however, Fidelity is a better fit for investors and traders who want a more high-tech experience, technical analysis tools, advanced charting, and access to a broader range of offerings. In fact, Fidelity is our overall pick for the best online broker in 2024, so it is very hard to beat.
Is there a $100 fee to close a Vanguard account? ›
Vanguard, the country's second-largest financial-advisory firm, will start charging brokerage-account holders a slew of new fees starting July 1 — including a $100 processing fee to close an account or transfer assets to another firm. That fee, however, will be waived for customers with at least $5 million in assets.
What is a reasonable fee for a mutual fund? ›
A number of factors determine whether an expense ratio is considered high or low. A good expense ratio, from the investor's viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.
What are the disadvantages of a Vanguard brokerage account? ›
Cons
- Relatively high minimum investment requirements for many fund options.
- Higher-than-average per-contract options fee.
- Slow process to open an account.
- No trading platform for active traders.
- No fractional shares of stocks or ETFs.
Investors can buy and sell Vanguard mutual funds and ETFs through any number of brokerage firms and financial advisors. If you buy directly through Vanguard, you may benefit from lower fees, better customer service, and additional product research.
Which is the best Vanguard fund? ›
7 Best Vanguard Funds to Buy and Hold
| Vanguard Fund | Expense Ratio |
|---|
| Vanguard Total Stock Market ETF (ticker: VTI) | 0.03% |
| Vanguard S&P 500 ETF (VOO) | 0.03% |
| Vanguard Total International Stock ETF (VXUS) | 0.08% |
| Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) | 0.10% |
3 more rowsJun 4, 2024
Best-performing U.S. equity mutual funds
| Ticker | Name | 5-year return (%) |
|---|
| GQEPX | GQG Partners US Select Quality Eq Inv | 19.33 |
| FGRTX | Fidelity Mega Cap Stock | 17.23 |
| SSAQX | State Street US Core Equity Fund | 16.89 |
| FGLGX | Fidelity Series Large Cap Stock | 16.88 |
3 more rowsMay 31, 2024
Here are a few different ways to tell if you're getting the most from your fund.
- Read Fund Facts. ...
- Compare it to other mutual funds. ...
- Use a benchmark. ...
- Add up the fees. ...
- Disclosure documents. ...
- Review account statements. ...
- Consult your advisor. ...
- Follow stock market news.
If you're the primary account owner, you can eliminate the fee on brokerage accounts by signing up for e-delivery of statements and the annual privacy policy notice; confirmations; reports, prospectuses, and proxy materials; and notices, amendments, and other important account updates.
What is the minimum amount for Vanguard mutual funds 1000? ›
The minimum amount of money you need to begin investing in a specific mutual fund. $1,000 for Vanguard Target Retirement Funds and Vanguard STAR® Fund. $3,000 for most actively managed funds. Most Vanguard index funds no longer offer Investor Shares to new investors.
Who has the lowest investment fees? ›
Compare the Best Discount Brokers
| Company | Account Minimum | Fee & Commissions |
|---|
| Interactive Brokers | $0 | $0 commissions for stock/ETF trades, $0.65 per contract for options trades |
| Webull | $0 | $0 commissions for stock, ETF, and options |
| moomoo | $0 | $0 commissions for stock, ETF, and options |
1 more rowNo worries - Vanguard is a reliable broker that lets you access your funds any time. You can use only bank transfers to withdraw funds. In most cases, you can get your money back within 2 days. Vanguard charges $0 for basic withdrawals, but some methods may cost more.
Does Vanguard charge an early redemption fee? ›
You'll also pay a $50 early redemption fee for all sales executed within 60 calendar days of the trade date of your most recent purchase of the same fund.
How do I change my Vanguard cost basis? ›
To set or change your preferred cost basis method for each holding prior to the transfer, do one of the following: • Log on to your Vanguard account, and from the menu, choose My Accounts and select Account maintenance. Then, under Account profile, select Cost basis method and follow the instructions.
How do I opt out of the Vanguard class action service? ›
You may cancel Your enrollment in the Class Action Service at any time by notifying Us. If You cancel Your enrollment in the Class Action Service and wish to reenroll, You will be required to agree to the terms and conditions for the Class Action Service in effect at the time of reenrollment.
