Did you read the footnotes?This is not what Vanguard says (see https://corporate.vanguard.com/content/ ... vings.html) where they refer to these reduced expense ratios as effective February 1, 2026.Just a reminder that ER is backwards looking, they're just telling you what happened in the past, and is not a guarantee what future expenses will be
All they did is calculate the 2025 expenses and divide by NAV 12/31/2025, and publish the results, and then blast the reductions out worldwide for marketing purposes. If the expenses are higher next year, or the NAV is lower, the ER will go up. It's just math, and it's based on *actuals*, these ERs are estimates.Notes:
Vanguard is reducing expense ratios for certain share classes of some funds. There is no guarantee that any individual investor will save money due to the reductions in fund expense ratios. Not all fund share classes will have a reduced expense ratio and therefore not all investors will experience the estimated savings. Investors that purchase the relevant funds after the expense ratios have been reduced will not experience savings. Savings means future money not spent on expense ratios, and does not entail a rebate or deposit of any sort. Savings figures are estimates and should not be relied upon. Savings is based on data as of December 31, 2025; if other data is used, savings may differ. Estimated savings accrue to existing investors holding relevant share classes for 2025 and 2026. For illustrative purposes only. Past performance is not indicative of future results.
https://investor.vanguard.com/investor- ... ense-ratioAn expense ratio is the total annual expenses of the fund divided by the fund's total net assets. Savings is based on data as of December 31, 2025; if other data is used, savings may differ.
Statistics: Posted by nalor511 — Tue Feb 03, 2026 1:27 pm — Replies 22 — Views 1675