Vanguard keeps bolstering its reputation as one of the low-cost leaders among ETF issuers. Just days after the Pennsylvania-based firm announced lower fees for the popular Vanguard High Dividend Yield ETF (NYSE:VYM), the company unveiled lower expense ratios on eight other ETFs.
Included in the new batch of fee reductions is the Vanguard FTSE Emerging Markets ETF (NYSE:VWO), which has over $60 billion in assets under management making it the largest emerging markets ETF by that metric. VWO will now charge 0.18 percent from year, down from 0.2 percent.
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At 0.18 percent, VWO now has the same expense ratio as the iShares Core MSCI Emerging Markets ETF (NYSE:IEMG), the ETF rolled about by BlackRock's iShares unit in October as lower cost alternative to VWO and the iShares MSCI Emerging Markets Index Fund (NYSE:EEM).
Other Vanguard ETFs that now have lower fees include the Vanguard MSCI Pacific ETF (NYSE:VPL) and the Vanguard MSCI Europe ETF (NYSE:VGK) now have expense ratios of 0.12 percent down from 0.14 percent.
The Vanguard Total International Stock Index ETF (NYSE:VXUS) is home to a 0.16 percent annual expense ratio compared with 0.18 percent previously while the Vanguard Total World Stock Index ETF (NYSE:VT) is now charging 0.19 percent compared with 0.22 percent prior to the announcement.
Investors will now pay 0.32 percent per year to own the Vanguard Global ex-US Real Estate ETF (NYSE:VNQI), down from 0.35 percent. The Vanguard FTSE All-World ex-US ETF (NYSE:VEU) also saw a three-basis point fee reduction to 0.15 percent from 0.18 percent.
The Vanguard FTSE All-World ex-US Small-Cap Index ETF (NYSE:VSS) has a new expense ratio of 0.25 percent down from 0.28 percent.
Over the past year, Vanguard has lowered fees on 45 of its ETFs, including its 10 sector funds.
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