Vanguard has lowered the expense ratios on a bunch of their ETFs, but they haven’t made an official announcement yet. Their press page here still doesn’t mention it.
Some of the biggest reductions include the Total International Stock ETF (VXUS), which dropped from 0.08% to 0.05%—a 37.5% cut. Lower fees mean more of your money stays invested, which is always a good thing.
If you already own any of these ETFs, the lower fees apply automatically. Here’s the full list of changes:
Name
Ticker
Old Expense Ratio
New Expense Ratio
Change (bps)
Communication Services ETF
VOX
0.10%
0.09%
-1
Consumer Discretionary ETF
VCR
0.10%
0.09%
-1
Consumer Staples ETF
VDC
0.10%
0.09%
-1
Dividend Appreciation ETF
VIG
0.06%
0.05%
-1
Emerging Markets Government Bond ETF
VWOB
0.20%
0.15%
-5
Energy ETF
VDE
0.10%
0.09%
-1
ESG International Stock ETF
VSGX
0.12%
0.10%
-2
Extended Duration Treasury ETF
EDV
0.06%
0.05%
-1
FTSE All-World ex-US ETF
VEU
0.07%
0.04%
-3
FTSE Developed Markets ETF
VEA
0.06%
0.03%
-3
FTSE Emerging Markets ETF
VWO
0.08%
0.07%
-1
FTSE Europe ETF
VGK
0.09%
0.06%
-3
FTSE Pacific ETF
VPL
0.08%
0.07%
-1
Health Care ETF
VHT
0.10%
0.09%
-1
Intermediate-Term Bond ETF
BIV
0.04%
0.03%
-1
International Dividend Appreciation ETF
VIGI
0.15%
0.10%
-5
International High Dividend Yield ETF
VYMI
0.22%
0.17%
-5
Total International Stock ETF
VXUS
0.08%
0.05%
-3
Total World Stock ETF
VT
0.07%
0.06%
-1
And plenty more…
What do you guys think? Surprised by any of these changes?