21 Vanguard ETFs Get Fee Cuts

Fee wars intensify as some of the biggest ETFs on the market get cheaper.

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Reviewed by: Lara Crigger
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Edited by: Lara Crigger

Last Friday, Vanguard issued another salvo in the ongoing ETF fee wars by cutting expenses on 21 of its ultra-low-cost funds, including eight of its ten largest ETFs.

The ETFs getting price cuts include some of the largest ETFs on the market today, including the $114 billion Vanguard Total Stock Market ETF (VTI) and the $112 billion Vanguard S&P 500 ETF (VOO), the third and fourth largest funds, respectively. VTI and VOO now each cost 0.03%, down from 0.04% apiece.

Price Drops

Other notable price drops include the $72 billion Vanguard FTSE Developed Markets ETF (VEA), whose expense ratio went from 0.07% to 0.05%; and the $66 billion Vanguard FTSE Emerging Markets ETF (VWO), whose expenses dropped from 0.14% to 0.12%.

Though the above price cuts don't make the Vanguard funds cheapest-in-class, they do match or at least bring them closer to striking distance of the least-expensive funds, which are offered by Schwab, State Street and J.P. Morgan.

The $48 billion Vanguard Value ETF (VTV), $40 billion Vanguard Growth ETF (VUG), and $38 billion Vanguard Total Bond Market ETF (BND) also saw price drops, from 0.05% to 0.04%.

Notably, the fee cut makes BND now the cheapest fixed income ETF on the market.

All the Vanguard ETFs getting price cuts are listed in the table below:

 

Vanguard ETFs Getting Fee Cuts
TickerFundOld Expense RatioNew Expense Ratio
BNDVanguard Total Bond Market ETF0.05%0.04%
BNDXVanguard Total International Bond ETF0.11%0.09%
VEAVanguard FTSE Developed Markets ETF0.07%0.05%
VEUVanguard FTSE All-World ex-US ETF0.11%0.09%
VGKVanguard FTSE Europe ETF0.10%0.09%
VNQIVanguard Global ex-U.S. Real Estate ETF0.14%0.12%
VOVanguard Mid-Cap ETF0.05%0.04%
VOOVanguard S&P 500 ETF0.04%0.03%
VPLVanguard FTSE Pacific ETF0.10%0.09%
VSSVanguard FTSE All-World ex-US Small-Cap ETF0.13%0.12%
VTVanguard Total World Stock ETF0.10%0.09%
VTEBVanguard Tax-Exempt Bond ETF0.09%0.08%
VTIVanguard Total Stock Market ETF0.04%0.03%
VTVVanguard Value ETF0.05%0.04%
VUGVanguard Growth ETF0.05%0.04%
VVVanguard Large-Cap ETF0.05%0.04%
VWOVanguard FTSE Emerging Markets ETF0.14%0.12%
VWOBVanguard Emerging Markets Government Bond ETF0.32%0.30%
VXFVanguard Extended Market ETF0.08%0.07%
VXUSVanguard Total International Stock ETF0.11%0.09%
VYMVanguard High Dividend Yield ETF0.08%0.06%

Source: FactSet; data as of 4/29/2019

Contact Lara Crigger at [email protected]  

Lara Crigger is a former staff writer for etf.com and ETF Report.