Vanguard has announced fee reductions across 84 mutual fund and exchange-traded share classes spanning 53 funds, totaling nearly $250 million in savings for 2026. Combined with 2025 reductions, the firm will have delivered an estimated $600 million in total savings over two years, its largest-ever combined cost reduction.
The product lineup now carries an average expense ratio of 0.06%, with fee cuts averaging 27% across impacted funds. The reductions span index and active products across equity, bond, money market, and multi-asset solutions. Specific ETFs receiving reductions include the Growth ETF (VUG), Value ETF (VTV), FTSE Emerging Markets ETF (VWO), Dividend Appreciation ETF (VIG), and High Dividend Yield ETF (VYM).
CEO Salim Ramji said, “When investors keep more of what they earn, the benefits compound over the long term.” Vanguard noted that 84% of its funds have outperformed their peer group averages over the past decade, and more than 60% of funds have received expense ratio reductions in 2025 or 2026.