https://www.bloomberg.com/news/articles/2025-02-03/vanguard-s-average-fee-is-now-just-0-07-after-biggest-ever-cut Skip to content Bloomberg the Company & Its ProductsThe Company & its Products Bloomberg Terminal Demo RequestBloomberg Anywhere Remote Login Bloomberg Anywhere LoginBloomberg Customer SupportCustomer Support * Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers + Bloomberg Anywhere Remote Login + Software Updates + Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 * Company + About + Careers + Diversity and Inclusion + Tech At Bloomberg + Philanthropy + Sustainability + Bloomberg London + Bloomberg Beta Communications + Press Announcements + Press Contacts Follow + Facebook + Instagram + LinkedIn + Twitter + YouTube * Products + Bloomberg Terminal + Data + Trading + Risk + Compliance + Indices Industry Products + Bloomberg Law + Bloomberg Tax + Bloomberg Government + BloombergNEF * Media + Bloomberg Markets + Bloomberg Technology + Bloomberg Pursuits + Bloomberg Politics + Bloomberg Opinion + Bloomberg Businessweek + Bloomberg Live Conferences + Bloomberg Radio + Bloomberg Television + News Bureaus Media Services + Bloomberg Media Distribution + Advertising * Company + About + Careers + Diversity and Inclusion + Tech At Bloomberg + Philanthropy + Sustainability + Bloomberg London + Bloomberg Beta Communications + Press Announcements + Press Contacts Follow + Facebook + Instagram + LinkedIn + Twitter + YouTube * Products + Bloomberg Terminal + Data + Trading + Risk + Compliance + Indices Industry Products + Bloomberg Law + Bloomberg Tax + Bloomberg Government + Bloomberg Environment + BloombergNEF * Media + Bloomberg Markets + Bloomberg Technology + Bloomberg Pursuits + Bloomberg Politics + Bloomberg Opinion + Bloomberg Businessweek + Bloomberg Live Conferences + Bloomberg Radio + Bloomberg Television + News Bureaus Media Services + Bloomberg Media Distribution + Advertising * Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers + Bloomberg Anywhere Remote Login + Software Updates + Manage Contracts and Orders Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Sign InSubscribe Live TV * Markets * Economics * Industries * Tech * Politics * Businessweek * Opinion * More US Edition Subscribe US Stocks: Today's Markets Wrap Safety Trades Big Tech Dominance Dour IPO Outlook Off-Exchange Trading BackForward Markets ETFs & Mutual Funds Vanguard's Average Fee Is Now Just 0.07% After Biggest-Ever Cut * Echoes of fee war as firm slashes cost of almost 90 funds * Jack Bogle-founded investing giant is riding huge inflows Vanguard Slashes Fees in Record Move Gift this article How easy or hard was it to use Bloomberg.com today? Share feedback Have a confidential tip for our reporters? Get in Touch Before it's here, it's on the Bloomberg Terminal LEARN MORE By Katie Greifeld February 3, 2025 at 9:28 AM EST Save Vanguard Group has slashed the fees for dozens of its mutual funds and ETFs in a record move that's likely to send a shock wave through the asset management industry. The Jack Bogle-founded investing giant is lowering expense ratios for 168 share classes across 87 mutual funds and exchange-traded funds effective immediately, it said in a press release on Monday. The cuts mean Vanguard's average asset-weighted fee is now just 0.07% for its $10 trillion under management, compared with 0.44% for the rest of the industry. Have a confidential tip for our reporters? Get in Touch Before it's here, it's on the Bloomberg Terminal LEARN MORE HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents News MarketsEconomicsTechnologyPoliticsGreenCryptoAI Work & Life WealthPursuitsBusinessweekCityLabSportsEqualityPursuitsManagement & Work Market Data StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar Explore NewslettersExplainersThe Big TakeGraphicsSubmit a TipAbout Us Terms of ServiceDo Not Sell or Share My Personal Information TrademarksPrivacy Policy CareersMade in NYCAdvertise Ad Choices Help(c)2025 Bloomberg L.P. All Rights Reserved.