View source for Vanguard Developed Markets Index Fund (VDVIX) expenses

{{Fund sidebar
| Fund = Vanguard Developed Markets Index Fund (VDVIX)
| HeaderTitle = Developed Markets Index
| TrackingError = 
| FundNumber = 0127
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'''{{PAGENAME}}''' examines the history of the fund's measurable expenses: the [[expense ratios|management fees]]<ref group="note">Chart:Expense ratio<br><html><iframe src="https://docs.google.com/spreadsheets/d/1x5as4GaXPT6Hl3jraIBFkNoIqu2mg1eh6QnepeU8E0I/pubhtml?widget=true&amp;headers=false" width="600px;" height="450px;"></iframe></html><br>[https://docs.google.com/spreadsheets/d/1x5as4GaXPT6Hl3jraIBFkNoIqu2mg1eh6QnepeU8E0I/edit#gid=661167613 google drive spreadsheet]</ref> and the commission ratio, which  measures the cost of fund brokerage commission expense.

The fund, which at inception (August 17, 1999) began operations as the Vanguard Tax-Managed International Fund, accepted the assets of the Vanguard Developed Market Index fund through a fund merger completed on April 4, 2014. The combined fund was renamed the Vanguard Developed Market Index Fund.

{| class=wikitable style="text-align:center"  width=700px
|+ Expense Ratios and Turnover <ref> [https://personal.vanguard.com/us/funds/snapshot?FundId=1397&FundIntExt=INT Vanguard Developed Market Index Fund]</ref>
| align="center" style="background:#f0f0f0; width:12%"|'''Year'''
| align="center" style="background:#f0f0f0; width:12%"|'''Investor ER'''<br> <ref group="note"> The fund created new Investor shares in 2013 as a result of its merger with the Vanguard Developed Market Index fund. </ref>
| align="center" style="background:#f0f0f0; width:12%"|'''Admiral ER'''<br> <ref group="note"> The fund renamed Investor Shares as Admiral Shares on May 13, 2011. </ref>
| align="center" style="background:#f0f0f0; width:12%"|'''ETF  ER''' 
| align="center" style="background:#f0f0f0; width:12%"|'''Turnover'''
| align="center" style="background:#f0f0f0; width:12%"|'''Fund CR%'''<br> <ref group="note"> The Fund CR (Commission Ratio) is derived by dividing the brokerage commissions paid by the fund into a fund's  average net assets. Brokerage commission expense is the only transaction expense that can be quantified. Additional transaction costs, such as spread costs and market impact costs, must be estimated. See table for data, derived from annual reports and EDGAR NSAR filings:

{| class="wikitable mw-collapsible mw-collapsed"
|-
! Passive table 
|-
| {{#widget:Google Spreadsheet
|key=0Ao_KSkmSuU2rcFlTUk5YVGhaYkU0ZFpMY1RGY3ZxUkE
|width=1300
|height=700
}} <br> {{spreadsheet|key=0Ao_KSkmSuU2rcFlTUk5YVGhaYkU0ZFpMY1RGY3ZxUkE}}|}</ref>
| align="center" style="background:#f0f0f0; width:28%"|'''Benchmark tracker'''<br><ref group="note"> The fund has tracked two benchmarks over its history:
* MSCI EAFE through May 28, 2013;
* FTSE Developed ex North America Index thereafter.</ref>
|-
| 2019 ||0.16%||0.07%||0.05%||2%||0.002|| [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A8
|-
| 2018||0.16%||0.07%||0.05%||3%||0.002|| [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A8
|-
| 2017||0.17%||0.07%||0.07%||3%||0.002 || [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A.
|-
| 2016||0.17%||0.07%||0.07%||11%||0.006 || [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A.
|-
| 2015||0.20%||0.09%||0.09%||3%||0.004 || [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A.
|-
| 2014||0.20%||0.09%||0.09%||4%|| 0.004 || [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A.
|-
| 2013||0.20%||0.09%||0.09%||13%||0.007 || Transition to [[File:FTSE Group logo.jpg|50px|left|link=http://www.ftse.com/Products/indices/Home/indexfiltergeis?indexName=GEISAC&currency=USD&rtn=CAP&segment=global-developed--emerging]] Developed ex-N.A.
|-
| 2012||||0.10%||0.10%||7%||0.004 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2011||||0.12%||0.12%||5%||0.002 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2010||||0.18%||0.15%||6%||0.002 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2009||||0.20%||0.11%||9%||0.004 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2008||||0.15%||0.12%||16%||0.015 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2007||||0.15%||||6%||0.037 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2006||||0.20%||||4%||0.036 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2005||||0.20%||||5%||0.041 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2004||||0.23%||||5%||0.064 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2003||||0.28%||||9%||0.060 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2002||||0.31%||||7%||0.055 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2001||||0.35%||||20%||0.180 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 2000||||0.35%||||5%||0.158 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|-
| 1999||||0.35%||||7%||0.247 || [[File:MSCI logo.jpg|50px|left|link=http://www.msci.com/products/indexes/country_and_regional/dm/eafe.html]] EAFE Index
|}

==Transaction fee history==
*The fund imposed a 0.75% [[Purchase fee|purchase fee]] from August 17, 1999 through March 31, 2000.
*The fund imposed a 0.25% purchase fee from March 31, 2000 through March 31, 2002.
*The fund imposed a 2.00% [[Redemption fee|redemption fee]] on shares held less than one month from August 17, 1999, through May 22, 2012. This fee was rescinded on May 23, 2012.
*The fund imposed a 1.00% redemption fee on funds held for at least one year but less than five years from August 17, 1999 through April 27, 2011. On April 28, 2011 this redemption fee was rescinded.

==Notes==
<references group="note"/>

==References==
{{Reflist}}

{{Vanguard fund expense ratios}}
[[Category:Vanguard funds:expenses]]
[[Category:Pages requiring annual expense updates]]