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Vanguards ETF expense ratios seem to be slightly lower than/on par with the admiral type funds from my experience.
by plandis 10y ago
Vanguards ETF expense ratios seem to be slightly lower than/on par with the admiral type funds from my experience.
- tanderson92 10y agoVanguard ETF expense ratios are almost always^* exactly equal to the corresponding admiral type funds. The reason is because Vanguard holds a patent on the dual-share class[1] idea, where the ETF and admiral share mutual fund are precisely the same fund. *: The exceptions tend to be new-ish funds which are less liquid and have purchase costs on the mutual fund side. I haven't seen more than one or two of these recently. [1]: http://www.ft.com/cms/s/0/3e0cc962-ec0c-11e4-b428-00144feab7de.html http://www.ft.com/cms/s/0/3e0cc962-ec0c-11e4-b428-00144feab7...