Vanguard announced expense ratio reductions to 168 mutual fund and exchange-traded share classes across 87 funds. The reductions will save investors more than $350 million in 2025 alone, the largest annual expense ratio reduction in Vanguard’s nearly 50-year history.
In addition to Vanguard’s lineup of bond mutual funds and ETFs, these expense ratio reductions will lower costs across Vanguard’s U.S. equity, international equity, and money market funds.