Vanguard Slashes Fees Across 84 Funds in $250M Cost Cut
The latest reductions hit equity ETFs including VYMI, VTWG, and VTWV, with some fees falling by more than half.
Vanguard said Monday that it is cutting expense ratios on 84 mutual fund and ETF share classes across 53 funds, a move that will translate into nearly $250 million in fee reductions for investors in 2026.
The average cut for affected funds is about 27%, according to the firm. Vanguard said that over the past two years, fee reductions across its lineup have delivered roughly $600 million in cumulative savings to investors.
Following the latest round of cuts, Vanguard’s lineup across all asset classes and styles now carries an average expense ratio of 0.06%.
Among ETFs, some of the largest reductions came from equity funds. The Vanguard International High Dividend Yield ETF (VYMI) saw its expense ratio drop from 0.17% to 0.07%. The Vanguard Russell 2000 Growth ETF (VTWG) and Vanguard Russell 2000 Value ETF (VTWV) both saw their fees fall from 0.10% to 0.06%.
The expense ratio reductions are effective immediately. A full list of the affected ETFs is provided below.





