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Vanguard funds have on average 0.18% expense, with the industry having much higher than that. How do they use Vanguard funds?
by ucaetano 10y ago
Vanguard funds have on average 0.18% expense, with the industry having much higher than that. How do they use Vanguard funds?
- boulos 10y agoNot all the funds are that high. The .18% vanguard quotes is their real, across customers, result. Their more active funds are higher (like VEXPX at .49%) while their larger scale Admiral funds are often as low as .05% (like VTSAX). Vanguard ETFs offer the same rates as the equivalent Admiral class shares, so services like Wealthfront use those. Wrapping Vanguard is a lot easier these days ;)
- loeg 10y agoInstitutional class expense ratios are much lower than 0.18% average. Also, they can pick the lower cost funds.