Vanguard Large Cap Index Fund expenses

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Vanguard Large Cap Index Fund expenses examines the history of the fund's measurable expenses: the management fees[note 1] and the commission ratio, which measures the cost of fund brokerage commission expense.

Expense Ratios and Turnover [1]
Year Investor ER Admiral ER
[note 2]
ETF ER Turnover Fund CR
[note 3]
Benchmark tracker
[note 4]
2016 0.18% 0.06% 0.06% 5% xxx CRSP Indexes logo.png
2015 0.20% 0.08% 0.08% 4% 0.001 CRSP Indexes logo.png
2014 0.23% 0.09% 0.09% 3% 0.001 CRSP Indexes logo.png
2013 0.24% 0.09% 0.09% 9% 0.001 Transition
2012 0.24% 0.10% 0.10% 8% 0.002 MSCI logo.jpg
2011 0.24% 0.10% 0.10% 7% 0.002 MSCI logo.jpg
2010 0.26% 0.12% 0.12% 8% 0.002 MSCI logo.jpg
2009 0.26% 0.12% 0.12% 8% 0.003 MSCI logo.jpg
2008 0.21% 0.10% 0.07% 9% 0.004 MSCI logo.jpg
2007 0.20% 0.08% 0.07% 8% 0.002 MSCI logo.jpg
2006 0.20% 0.12% 0.07% 9% 0.004 MSCI logo.jpg
2005 0.20% 0.12% 0.07% 9% 0.011 MSCI logo.jpg
2004 0.20% 0.12% 0.12% 5% 0.016 MSCI logo.jpg

Notes

  1. Chart:Expense ratio

    google drive spreadsheet
  2. On October 6, 2010 Vanguard reduced the minimum requirements for Admiral Shares to $10,000. Vanguard lowers the cost of investing again
  3. The Fund CR (Commission Ratio) is derived by dividing the brokerage commissions paid by the fund into a fund's average net assets Brokerage commission expense is the only transaction expense that can be quantified. Additional transaction costs, such as spread costs and market impact costs, must be estimated. See table for data, derived from annual reports and EDGAR NSAR filings:
    Passive table

    (View Google Spreadsheet in browser, then File --> Download as to download the file.)
  4. The fund has tracked two benchmarks over its history:
    • MSCI US Prime Market 750 Index through January 30, 2013.
    • CRSP US Large Cap Index thereafter.

References