All Vanguard share classes with reduced expense ratios, effective February 1, 2025
| Vanguard fund | Old expense ratios | New expense ratios |
|---|---|---|
| California Intermediate-Term Tax-Exempt Fund (Investor Shares) | 0.17% | 0.14% |
| California Long-Term Tax-Exempt Fund (Investor Shares) | 0.17% | 0.14% |
| California Municipal Money Market Fund (Investor Shares) | 0.16% | 0.12% |
| Capital Opportunity Fund (Admiral™ Shares) | 0.36% | 0.35% |
| Commodity Strategy Fund (Admiral Shares) | 0.21% | 0.16% |
| Communication Services ETF (ETF Shares) | 0.10% | 0.09% |
| Communication Services Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Consumer Discretionary ETF (ETF Shares) | 0.10% | 0.09% |
| Consumer Discretionary Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Consumer Staples ETF (ETF Shares) | 0.10% | 0.09% |
| Consumer Staples Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Developed Markets Index Fund (Institutional Shares) | 0.06% | 0.03% |
| Developed Markets Index Fund (Admiral Shares) | 0.08% | 0.05% |
| Developed Markets Index Fund (Institutional Plus Shares) | 0.05% | 0.02% |
| Dividend Appreciation ETF (ETF Shares) | 0.06% | 0.05% |
| Dividend Appreciation Index Fund (Admiral Shares) | 0.08% | 0.07% |
| Emerging Market Government Bond ETF (ETF Shares) | 0.20% | 0.15% |
| Emerging Market Government Bond Index Fund (Institutional Shares) Purchase fee: 0.75% |
0.18% | 0.13% |
| Emerging Markets Bond Fund (Admiral Shares) | 0.40% | 0.35% |
| Emerging Markets Bond Fund (Investor Shares) | 0.55% | 0.50% |
| Emerging Markets Stock Index Fund (Admiral Shares) | 0.14% | 0.13% |
| Emerging Markets Stock Index Fund (Institutional Plus Shares) | 0.08% | 0.07% |
| Emerging Markets Stock Index Fund (Institutional Shares) | 0.10% | 0.09% |
| Energy ETF (ETF Shares) | 0.10% | 0.09% |
| Energy Index Fund (Admiral Shares) | 0.10% | 0.09% |
| ESG International Stock ETF (ETF Shares) | 0.12% | 0.10% |
| European Stock Index Fund (Admiral Shares) | 0.11% | 0.08% |
| European Stock Index Fund (Institutional Plus Shares) | 0.08% | 0.05% |
| European Stock Index Fund (Institutional Shares) | 0.09% | 0.06% |
| Extended Duration Treasury ETF (ETF Shares) | 0.06% | 0.05% |
| Extended Duration Treasury Index Fund (Institutional Shares) Purchase fee: 0.50% |
0.06% | 0.05% |
| Extended Duration Treasury Index Fund (Institutional Plus Shares) Purchase fee: 0.50% |
0.04% | 0.03% |
| Extended Market ETF (ETF Shares) | 0.06% | 0.05% |
| Extended Market Index Fund (Admiral Shares) | 0.06% | 0.05% |
| Financials ETF (ETF Shares) | 0.10% | 0.09% |
| Financials Index Fund (Admiral Shares) | 0.10% | 0.09% |
| FTSE All-World ex-US ETF (ETF Shares) | 0.07% | 0.04% |
| FTSE All-World ex-US Index Fund (Institutional Shares) | 0.08% | 0.05% |
| FTSE All-World ex-US Index Fund (Admiral Shares) | 0.11% | 0.08% |
| FTSE All-World ex-US Index Fund (Institutional Plus Shares) | 0.06% | 0.03% |
| FTSE All-World ex-US Small-Cap Index Fund (Institutional Shares) | 0.12% | 0.10% |
| FTSE Developed Markets ETF (ETF Shares) | 0.06% | 0.03% |
| FTSE Emerging Markets ETF (ETF Shares) | 0.08% | 0.07% |
| FTSE Europe ETF (ETF Shares) | 0.09% | 0.06% |
| FTSE Pacific ETF (ETF Shares) | 0.08% | 0.07% |
| FTSE Social Index Fund (Admiral Shares) | 0.14% | 0.13% |
| FTSE Social Index Fund (Institutional Shares) | 0.12% | 0.07% |
| Global Equity Fund (Investor Shares) | 0.42% | 0.39% |
| Growth and Income Fund (Admiral Shares) | 0.25% | 0.24% |
| Health Care ETF (ETF Shares) | 0.10% | 0.09% |
| Health Care Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Industrials ETF (ETF Shares) | 0.10% | 0.09% |
| Industrials Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Information Technology ETF (ETF Shares) | 0.10% | 0.09% |
| Information Technology Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Intermediate-Term Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Intermediate-Term Bond Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Intermediate-Term Bond Index Fund (Institutional Plus Shares) | 0.04% | 0.03% |
| Intermediate-Term Bond Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Intermediate-Term Corporate Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Intermediate-Term Corporate Bond Index Fund (Admiral Shares) Purchase fee: 0.25% |
0.07% | 0.06% |
| Intermediate-Term Corporate Bond Index Fund (Institutional Shares) Purchase fee: 0.25% |
0.05% | 0.04% |
| Intermediate-Term Investment-Grade Fund (Admiral Shares) | 0.10% | 0.09% |
| Intermediate-Term Treasury ETF (ETF Shares) | 0.04% | 0.03% |
| Intermediate-Term Treasury Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Intermediate-Term Treasury Index Fund (Institutional Shares) | 0.05% | 0.04% |
| International Dividend Appreciation ETF (ETF Shares) | 0.15% | 0.10% |
| International Growth Fund (Admiral Shares) | 0.26% | 0.25% |
| International High Dividend Yield ETF (ETF Shares) | 0.22% | 0.17% |
| International High Dividend Yield Index Fund (Admiral Shares) Purchase fee: 0.25% Redemption fee: 0.25% |
0.22% | 0.17% |
| International Value Fund (Investor Shares) | 0.39% | 0.36% |
| Long-Term Bond Index Fund (Admiral Shares) Purchase fee: 0.50% |
0.07% | 0.06% |
| Long-Term Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Long-Term Bond Index Fund (Institutional Plus Shares) Purchase fee: 0.50% |
0.04% | 0.03% |
| Long-Term Bond Index Fund (Institutional Shares) Purchase fee: 0.50% |
0.05% | 0.04% |
| Long-Term Corporate Bond Index Fund (Admiral Shares) Purchase fee: 1.00% |
0.07% | 0.06% |
| Long-Term Corporate Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Long-Term Corporate Bond Index Fund (Institutional Shares) Purchase fee: 1.00% |
0.05% | 0.04% |
| Long-Term Investment-Grade Fund (Admiral Shares) | 0.11% | 0.10% |
| Long-Term Treasury ETF (ETF Shares) | 0.04% | 0.03% |
| Long-Term Treasury Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Long-Term Treasury Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Massachusetts Tax-Exempt Fund (Investor Shares) | 0.13% | 0.09% |
| Materials ETF (ETF Shares) | 0.10% | 0.09% |
| Materials Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Mortgage-Backed Securities ETF (ETF Shares) | 0.04% | 0.03% |
| Mortgage-Backed Securities Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Mortgage-Backed Securities Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Municipal Money Market Fund (Investor Shares) | 0.15% | 0.11% |
| New Jersey Long-Term Tax-Exempt Fund (Investor Shares) | 0.17% | 0.14% |
| New York Long-Term Tax-Exempt Fund (Investor Shares) | 0.17% | 0.14% |
| New York Municipal Money Market Fund (Investor Shares) | 0.16% | 0.11% |
| Ohio Long-Term Tax-Exempt Fund (Investor Shares) | 0.13% | 0.09% |
| Pacific Stock Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Pacific Stock Index Fund (Institutional Shares) | 0.08% | 0.07% |
| Pennsylvania Long-Term Tax-Exempt Fund (Investor Shares) | 0.17% | 0.14% |
| PRIMECAP Core Fund (Investor Shares) | 0.46% | 0.43% |
| PRIMECAP Fund (Admiral Shares) | 0.31% | 0.29% |
| PRIMECAP Fund (Investor Shares) | 0.38% | 0.37% |
| Russell 1000 ETF (ETF Shares) | 0.08% | 0.07% |
| Russell 1000 Growth ETF (ETF Shares) | 0.08% | 0.07% |
| Russell 1000 Growth Index Fund (Institutional Shares) | 0.07% | 0.06% |
| Russell 1000 Index Fund (Institutional Shares) | 0.07% | 0.06% |
| Russell 1000 Value ETF (ETF Shares) | 0.08% | 0.07% |
| Russell 1000 Value Index Fund (Institutional Shares) | 0.07% | 0.06% |
| Russell 2000 ETF (ETF Shares) | 0.10% | 0.07% |
| Russell 2000 Growth ETF (ETF Shares) | 0.15% | 0.10% |
| Russell 2000 Growth Index Fund (Institutional Shares) | 0.08% | 0.07% |
| Russell 2000 Index Fund (Institutional Shares) | 0.08% | 0.07% |
| Russell 2000 Value ETF (ETF Shares) | 0.15% | 0.10% |
| Russell 2000 Value Index Fund (Institutional Shares) | 0.08% | 0.07% |
| Russell 3000 ETF (ETF Shares) | 0.10% | 0.07% |
| Russell 3000 Index Fund (Institutional Shares) | 0.08% | 0.07% |
| S&P 500 Growth ETF (ETF Shares) | 0.10% | 0.07% |
| S&P 500 Growth Index Fund (Institutional Shares) | 0.08% | 0.05% |
| S&P 500 Value ETF (ETF Shares) | 0.10% | 0.07% |
| S&P 500 Value Index Fund (Institutional Shares) | 0.08% | 0.05% |
| S&P Mid-Cap 400 ETF (ETF Shares) | 0.10% | 0.07% |
| S&P Mid-Cap 400 Growth ETF (ETF Shares) | 0.15% | 0.10% |
| S&P MidCap 400 Growth Index Fund (Institutional Shares) | 0.08% | 0.03% |
| S&P MidCap 400 Index Fund (Institutional Shares) | 0.08% | 0.03% |
| S&P Mid-Cap 400 Value ETF (ETF Shares) | 0.15% | 0.10% |
| S&P MidCap 400 Value Index Fund (Institutional Shares) | 0.08% | 0.03% |
| S&P Small-Cap 600 ETF (ETF Shares) | 0.10% | 0.07% |
| S&P Small-Cap 600 Growth ETF (ETF Shares) | 0.15% | 0.10% |
| S&P SmallCap 600 Index Fund (Institutional Shares) | 0.08% | 0.03% |
| S&P Small-Cap 600 Value ETF (ETF Shares) | 0.15% | 0.10% |
| S&P SmallCap 600 Value Index Fund (Institutional Shares) | 0.08% | 0.03% |
| Short-Term Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Short-Term Bond Index Fund (Institutional Plus Shares) | 0.04% | 0.03% |
| Short-Term Bond Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Short-Term Bond Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Short-Term Corporate Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Short-Term Corporate Bond Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Short-Term Corporate Bond Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Short-Term Inflation-Protected Securities ETF (ETF Shares) | 0.04% | 0.03% |
| Short-Term Inflation-Protected Securities Index Fund (Institutional Shares) | 0.04% | 0.03% |
| Short-Term Investment-Grade Fund (Admiral Shares) | 0.10% | 0.09% |
| Short-Term Tax-Exempt Bond ETF (ETF Shares) | 0.07% | 0.06% |
| Short-Term Treasury ETF (ETF Shares) | 0.04% | 0.03% |
| Short-Term Treasury Index Fund (Admiral Shares) | 0.07% | 0.06% |
| Short-Term Treasury Index Fund (Institutional Shares) | 0.05% | 0.04% |
| Strategic Small-Cap Equity Fund (Investor Shares) | 0.26% | 0.21% |
| Tax-Exempt Bond ETF (ETF Shares) | 0.05% | 0.03% |
| Tax-Exempt Bond Index Fund (Admiral Shares) | 0.09% | 0.07% |
| Total Bond Market Index Fund (Admiral Shares) | 0.05% | 0.04% |
| Total Bond Market Index Fund (Institutional Plus Shares) | 0.03% | 0.02% |
| Total Bond Market Index Fund (Institutional Shares) | 0.035% | 0.025% |
| Total Corporate Bond ETF (ETF Shares) | 0.04% | 0.03% |
| Total International Bond Index Fund (Admiral Shares) | 0.11% | 0.10% |
| Total International Bond Index Fund (Institutional Shares) | 0.07% | 0.06% |
| Total International Stock ETF (ETF Shares) | 0.08% | 0.05% |
| Total International Stock Index Fund (Admiral Shares) | 0.12% | 0.09% |
| Total International Stock Index Fund (Institutional Plus Shares) | 0.08% | 0.05% |
| Total International Stock Index Fund (Institutional Shares) | 0.09% | 0.06% |
| Total World Stock ETF (ETF Shares) | 0.07% | 0.06% |
| Total World Stock Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Total World Stock Index Fund (Institutional Shares) | 0.08% | 0.07% |
| Treasury Money Market Fund (Investor Shares) | 0.09% | 0.07% |
| Ultra-Short-Term Bond Fund (Admiral Shares) | 0.10% | 0.09% |
| Utilities ETF (ETF Shares) | 0.10% | 0.09% |
| Utilities Index Fund (Admiral Shares) | 0.10% | 0.09% |
| Variable Insurance Fund – Conservative Allocation Portfolio | 0.13% | 0.12% |
| Variable Insurance Fund – Moderate Allocation Portfolio | 0.13% | 0.12% |
| Variable Insurance Fund – Total International Stock Market Index Portfolio | 0.11% | 0.08% |
| Windsor™ Fund (Admiral Shares) | 0.32% | 0.26% |
| Windsor II Fund (Admiral Shares) | 0.26% | 0.23% |
| Windsor II Fund (Investor Shares) | 0.34% | 0.32% |