Vanguard US cuts fees

Fees on numerous Vanguard US have been cut

https://www.marketwatch.com/articles/vanguard-group-makes-tiny-etf-fee-cuts-51551203965

Of particular interest to Mustachians, the VT is now 0.09%, VXUS is 0.09%, VEA is 0.07% and VWO is 0.12%, VTI remains unchanged at 0.04%.

edit:

effective TER for market weight all-world allocations as of today:
VT is 0.09%
VTI+VXUS (55%/45%) is 0.0625%
VTI+VEA+VWO (55%/35%/10%) is 0.0585%

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Great news. I still hope Ireland based ETFs will also cut their fees,
Currently, Emerging ETF US based (VWO) is 0.12% and the one based in IE is 0.25% (VFEM).
I don’t understand why the european ones can’t beneficiate from the economy of scale.

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They’re completely separate funds, run by separate entities, in a different country. The US one is 40x as large. (Those two also happen to track different indexes.)

It seems that there are some further cuts : yahoo
It says VTI is now at 0.03% and VEA at 0.05%

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Nice. Thanks. With these cuts,the market cap weighted VTI+VEA+VWO combo now costs 0.046%.

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Would be nice if they slashed those fees the same way (not to the same level) for their Ireland-based ETFs.

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Yes, Vanguard lowered its fees
VOO is now 0.03%
VTI is now 0.03%

Full list

This is bloody amazing - what I would call financial art :smiley: (either that or “tax evasion art”)
https://www.bloomberg.com/graphics/2019-vanguard-mutual-fund-tax-dodge/

(Sorry haven’t found a better fitting topic)

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Fresh cuts for the new round around the Sun :slight_smile:
Investment education, resources, & guidance | Vanguard

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New round of cut: Announcing the largest fee cut in Vanguard history | Vanguard

Fund Name Ticker Share Class Prior Expense Ratio New Expense Ratio
FTSE Developed Markets ETF VEA ETF Shares 0.06% 0.03%
Dividend Appreciation ETF VIG ETF Shares 0.06% 0.05%
Information Technology ETF VGT ETF Shares 0.10% 0.09%
FTSE Emerging Markets ETF VWO ETF Shares 0.08% 0.07%
Total International Stock ETF VXUS ETF Shares 0.08% 0.05%

VT only drops to 0.06%, would have expected something closer to the average of VTI+VXUS at least (so below 0.05)

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Convenience fees. :slight_smile:

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FYI, Vanguard will reduce the fees for many of the ETFS they offer as of 1st Feb. 2025 :smiling_face_with_three_hearts:

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VT AUM 42B * 0.06% = 25M USD/year

VWRL AUM 17B * 0.22% = 37M USD/year

+ VT includes small cap that cost more to manage.

Would be nice if VWRL TER 25/37 * 0.22% = 0.15% :slight_smile:

(I know, it’s more complex than this…:))

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There is already a thread: Vanguard US cuts fees

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Vanguard is not reducing European fees. In fact they increased fees for UK fund account activity . I think they treat two markets differently

Fee cut for UCITS bond funds: https://www.ch.vanguard/en/professional/insights/vanguard-reduces-fees-across-fixed-income-etf-range (2 basis points)

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