Vanguard Growth Index Fund expenses
Growth Index |
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Vanguard Growth Index Fund expenses examines the history of the fund's measurable expenses: the management fees[note 1] and the commission ratio (CR), which measures the cost of fund brokerage commission expense.[note 2]
Year | Investor ER | Admiral ER [note 3] |
ETF ER | Turnover [note 4] |
Fund CR% [note 5] |
Benchmark tracker [note 6] |
2019 | 0.17% | 0.05% | 0.04% | 11% | 0.001 | |
2018 | 0.17% | 0.05% | 0.04% | 11% | 0.001 | |
2017 | 0.17% | 0.05% | 0.05% | 8% | 0.001 | |
2016 | 0.18% | 0.06% | 0.06% | 11% | 0.001 | |
2015 | 0.22% | 0.08% | 0.08% | 9% | 0.001 | |
2014 | 0.23% | 0.09% | 0.09% | 9% | 0.001 | |
2013 | 0.24% | 0.09% | 0.09% | 32% | 0.003 | Transition |
2012 | 0.24% | 0.10% | 0.10% | 21% | 0.001 | |
2011 | 0.24% | 0.10% | 0.10% | 23% | 0.002 | |
2010 | 0.26% | 0.12% | 0.12% | 26% | 0.003 | |
2009 | 0.26% | 0.14% | 0.14% | 29% | 0.005 | |
2008 | 0.23% | 0.11% | 0.10% | 27% | 0.004 | |
2007 | 0.22% | 0.10% | 0.10% | 23% | 0.003 | |
2006 | 0.22% | 0.11% | 0.11% | 28% | 0.005 | |
2005 | 0.22% | 0.11% | 0.11% | 23% | 0.004 | |
2004 | 0.22% | 0.11% | 0.15% | 24% | 0.006 | |
2003 | 0.22% | 42% | 0.012 | Transition | ||
2002 | 0.23% | 23% | 0.023 | |||
2001 | 0.23% | 31% | 0.012 | |||
2000 | 0.22% | 33% | 0.005 | |||
1999 | 0.22% | 33% | 0.002 | |||
1998 | 0.22% | 29% | ||||
1997 | 0.20% | 20% | ||||
1996 | 0.20% | 29% | ||||
1995 | 0.20% | 24% | ||||
1994 | 0.20% | 28% | ||||
1993 | 0.20% | 36% |
Notes
- ↑ Chart:Expense ratio
(View Google Spreadsheet in browser, then File --> Download as to download the file.)
Note: If the spreadsheet is blank, select a different sheet, then back to that sheet. The image will be refreshed. - ↑ 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:
Passive table
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- ↑ On October 6, 2010 Vanguard reduced the minimum requirements for Admiral Shares to $10,000. Vanguard lowers the cost of investing again
- ↑ The higher than average turnover in 2003 was due to a change in the fund's tracking index.
- ↑ From the 2013 SAI: Portfolio rebalancing in response to the benchmark index change for the Fund resulted in an increase in brokerage commissions for the Fund during the fiscal year ended December 31, 2013.
- ↑ The fund has changed tracking indexes two times in its history:
- S&P 500 Barra Large Growth Index from November 2, 1992 through May 16, 2003.
- MSCI Prime Market Growth Index from May 17, 2003 through April 16, 2013.
- CRSP US Large Growth Index thereafter.