# Vanguard Total Stock Market Index Fund expenses

Vanguard Total Stock Market Index Fund expenses examines the history of the fund's measurable expenses: the management fees[note 1]and the commission ratio, which measures the cost of fund brokerage commission expense.

 Year Investor ER Admiral ER [note 2] ETF ER Turnover [note 3] Fund CR%[note 4] Benchmark tracker[note 5] 2019 0.14% 0.04% 0.03% 4% 0.002 2018 0.14% 0.04% 0.03% 3% 0.002 2017 0.14% 0.04% 0.04% 3% 0.002 2016 0.15% 0.04% 0.04% 4% 0.002 2015 0.16% 0.05% 0.05% 3% 0.001 2014 0.17% 0.05% 0.05% 3% 0.002 2013 0.17% 0.05% 0.05% 4% 0.002 Transition 2012 0.17% 0.05% 0.05% 3% 0.002 2011 0.17% 0.05% 0.05% 5% 0.003 2010 0.17% 0.06% 0.06% 5% 0.004 2009 0.18% 0.07% 0.07% 5% 0.006 2008 0.16% 0.08% 0.07% 5% 0.006 2007 0.15% 0.07% 0.07% 4% 0.004 2006 0.19% 0.09% 0.07% 4% 0.005 2005 0.19% 0.09% 0.07% 12% 0.011 Transition 2004 0.19% 0.10% 0.13% 4% 0.007 2003 0.20% 0.15% 0.15% 2% 0.001 2002 0.20% 0.15% 0.15% 2% 0.008 2001 0.20% 0.15% 0.15% 3% 0.008 2000 0.20% 0.15% 7% 0.006 1999 0.20% 3% 0.014 1998 0.20% 3% 1997 0.20% 2% 1996 0.22% 3% 1995 0.25% 3% 1994 0.20% 2% 1993 0.20% 1% 1992 0.21% 3%

## Transaction fee history

• From 1992 through 1995, the fund imposed a 0.25% transaction fee on purchases

## Notes

1. Chart:

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2. On October 6, 2010 Vanguard reduced the minimum requirements for Admiral Shares to \$10,000. Vanguard lowers the cost of investing again
3. The fund's higher than average turnover in fiscal year 2005 was due to a change in the fund's target index.
4. 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