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Vanguard Review
Home of the World's Lowest-Cost Index Funds
4.7/ 5.0
Commissions$0 on ETFs/stocks
Avg Fund Expense0.09%
Assets Under Mgmt$7.7 trillion
Business ModelInvestor-owned
Top Pick · Investing
Vanguard
Lowest-cost index funds in the industry
Investor-owned
CalcMoney Editor's Take
Vanguard's investor-owned structure is its most powerful differentiator — when Vanguard profits, it reinvests in lower fees for fund holders. For pure long-term index investing, no one beats Vanguard's cost structure.
Pros
- Lowest-cost index funds and ETFs in the industry
- Investor-owned: no external shareholders to pay
- Ideal for buy-and-hold, three-fund portfolio strategy
- Strong selection of target-date retirement funds
Cons
- Dated web interface compared to Fidelity or Schwab
- No fractional shares on individual stocks
- Higher minimum for admiral shares ($3,000)
- Poorer experience for active traders
Best For
Pure index fund investorsBogleheads and passive investorsLong-term retirement saversInvestors with $3,000+
Run the Numbers First
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