VANGUARD EXPENSE RATIO.
https://investor.vanguard.com/mutual-funds/no-load-funds?WT.srch=1
Vanguard average expense ratio: 0.19%. Industry average expense ratio: 1.03%. Sources: Vanguard and Lipper, a Thomson Reuters Company, as of December 31, 2015.
footnote**For the 10-year period ended December 31, 2015, 10 of 10 Vanguard money market funds, 49 of 52 Vanguard bond funds, 18 of 18 Vanguard balanced funds, and 109 of 122 Vanguard stock funds—for a total of 186 of 202 Vanguard funds—outperformed their Lipper peer-group averages. Only funds with a minimum 10-year history were included in the comparison. Source: Lipper, a Thomson Reuters Company. The competitive performance data shown represent past performance, which is not a guarantee of future results. See the most recent performance of our funds
footnote†The "Money 50" list published in the January/February 2016 Investor's Guide of Money magazine is based on a low expense ratio, a strong record for putting shareholder interests first, a consistent investment strategy, experienced and trustworthy managers, and long-term performance. Note that past performance cannot be used to predict future returns and that fund share prices will fluctuate, so investors could lose money if they sell when prices have fallen.
You must buy and sell Vanguard ETF Shares through a broker like Vanguard Brokerage Services (we offer them commission-free) or through another broker (you may incur commissions). See the Vanguard Brokerage Services commission and fee schedules for limits. Vanguard ETF Shares aren't redeemable directly with the issuing fund other than very large aggregations worth millions of dollars. Like stocks, ETFs are subject to market volatility. When buying or selling an ETF, you'll pay or receive the current market price, which may be more or less than net asset value.
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