##  [# Vanguard Trims 10 ETF Expense Ratios](/sections/news/vanguard-trims-10-etf-expense-ratios) 

 

# Vanguard Trims 10 ETF Expense Ratios

 

 

Index fund giant fires the most recent shot in the ETF fee wars.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Feb 26, 2019

 Edited by: Heather Bell

 

 

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Vanguard announced today it would be shaving basis points off of the expense ratios of 10 of its top funds. The cuts range from 1 to 2 basis points, but that can be a hefty cut, as the most expensive fund in the group only charges 0.14%.

These ETFs include mostly international equity funds, but also a few bond funds.

The table below outlines the cost reduction for each fund:

FundTickerOld Expense Ratio %New Expense Ratio %AUM ($B)[Vanguard Emerging Markets Stock ETF](https://www.etf.com/vwo)[VWO](https://www.etf.com/vwo)0.140.1262.0[Vanguard FTSE All-World ex-US ETF](https://www.etf.com/veu)[VEU](https://www.etf.com/veu)0.110.0922.7[Vanguard High Dividend Yield ETF](https://www.etf.com/vym)[VYM](https://www.etf.com/vym)0.080.0622.5[Vanguard Total International Bond ETF](https://www.etf.com/bndx)[BNDX](https://www.etf.com/bndx)0.110.0915.9[Vanguard FTSE Europe ETF](https://www.etf.com/vgk)[VGK](https://www.etf.com/vgk)0.100.0913.6[Vanguard Total World Stock ETF](https://www.etf.com/vt)[VT](https://www.etf.com/vt)0.100.0913.0[Vanguard Total International Stock ETF](https://www.etf.com/vxus)[VXUS](https://www.etf.com/vxus)0.110.0911.6[Vanguard FTSE All-World ex-US Small-Cap ETF](https://www.etf.com/vss)[VSS](https://www.etf.com/vss)0.130.125.5[Vanguard Tax-Exempt Bond ETF](https://www.etf.com/vteb)[VTEB](https://www.etf.com/vteb)0.090.084.2[Vanguard FTSE Pacific ETF](https://www.etf.com/vpl)[VPL](https://www.etf.com/vpl)0.100.094.0“The growing size and scale of our funds have helped fuel operational efficiencies that lower our costs to serve clients, particularly ETF shareholders. As a result, the ETF share class of these ten funds is now lower than their Admiral share class counterparts,” Vanguard said in a press release.

The ETF industry has been the battleground for a vicious fee war, particularly when it comes to cap-weighted core asset classes, with expense ratios for some funds falling as low as 0.03%.

*Contact Heather Bell at <hbell@etf.com>*



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Emerging Markets](http://www.etf.com/topics/emerging-markets) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

 [Bond](http://www.etf.com/topics/bond)