Vanguard Total Stock Market Index Fund expenses

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Vanguard Total Stock Market 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
[note 3]
Fund CR%
[note 4]
Benchmark tracker
[note 5]
2016 0.15% 0.04% 0.04% 4% xxx CRSP Indexes logo.png
2015 0.16% 0.05% 0.05% 3% 0.001 CRSP Indexes logo.png
2014 0.17% 0.05% 0.05% 3% 0.002 CRSP Indexes logo.png
2013 0.17% 0.05% 0.05% 4% 0.002 Transition
2012 0.17% 0.05% 0.05% 3% 0.002 MSCI logo.jpg
2011 0.17% 0.05% 0.05% 5% 0.003 MSCI logo.jpg
2010 0.17% 0.06% 0.06% 5% 0.004 MSCI logo.jpg
2009 0.18% 0.07% 0.07% 5% 0.006 MSCI logo.jpg
2008 0.16% 0.08% 0.07% 5% 0.006 MSCI logo.jpg
2007 0.15% 0.07% 0.07% 4% 0.004 MSCI logo.jpg
2006 0.19% 0.09% 0.07% 4% 0.005 MSCI logo.jpg
2005 0.19% 0.09% 0.07% 12% 0.011 Transition
2004 0.19% 0.10% 0.13% 4% 0.007 Wilshirelogo.jpg
2003 0.20% 0.15% 0.15% 2% 0.001 Wilshirelogo.jpg
2002 0.20% 0.15% 0.15% 2% 0.008 Wilshirelogo.jpg
2001 0.20% 0.15% 0.15% 3% 0.008 Wilshirelogo.jpg
2000 0.20% 0.15% 7% 0.006 Wilshirelogo.jpg
1999 0.20% 3% 0.014 Wilshirelogo.jpg
1998 0.20% 3% Wilshirelogo.jpg
1997 0.20% 2% Wilshirelogo.jpg
1996 0.22% 3% Wilshirelogo.jpg
1995 0.25% 3% Wilshirelogo.jpg
1994 0.20% 2% Wilshirelogo.jpg
1993 0.20% 1% Wilshirelogo.jpg
1992 0.21% 3% Wilshirelogo.jpg

Transaction fee history

  • From 1992 through 1995, the fund imposed a 0.25% transaction fee on purchases

Notes

  1. Chart:

    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's higher than average turnover in fiscal year 2005 was due to a change in the fund's target index.
  4. 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.)
  5. The fund has tracked three indexes in its history:
    • Dow Jones U.S. Total Stock Market Index (formerly known as the Dow Jones Wilshire 5000 Index) through April 22, 2005.
    • MSCI US Broad Market Index through June 2, 2013.
    • CRSP US Total Market Index thereafter.

References