What are ETFs?
ETFs combine the broad diversification of conventional index mutual funds with the continual pricing and trading flexibility of individual stocks and bonds—generally at a lower cost than conventional funds.
Learn the basics of ETFs
Are ETFs right for you?
An ETF may be appropriate if you:
How do you buy them?
You can only buy and sell ETFs through a brokerage account. Setting up a Vanguard Brokerage Account is free, and you'll pay no commissions—ever—to buy and sell Vanguard ETFs in that account.
Open your brokerage account online
Why Vanguard ETFs®?
Benefit from the experience of the company that introduced the first index mutual fund to individual investors in 1976. We've been honing our strategy for selecting indexes ever since—focusing on the ones we believe best represent the target market. Then we try to track those indexes as closely as possible.
Tailor your portfolio to meet your needs by choosing from more than 60 ETFs covering the U.S. and international stock and bond markets as well as industry-specific sectors.
Buy and sell Vanguard ETFs commission-free* in a Vanguard Brokerage Account, giving you even more value for your investment.
Pay almost 75% less for Vanguard ETFs than you'd pay for other ETFs.**
Compare Vanguard ETFs vs. other ETFs
Get a recommendation
Answer a few questions and we'll give you an ETF recommendation.
Or call us at:
888-992-8327 if you're a Vanguard client
888-241-1395 if you're new to Vanguard
3/11/2014 1:25 PM
* Trading limits, fund expenses, and minimum investments may apply.
** Vanguard average ETF expense ratio: 0.14%. Industry average ETF expense ratio: 0.58%. Sources: Vanguard and Lipper, a Thomson Reuters Company, as of December 31, 2013.
You must buy and sell Vanguard ETF Shares through a broker like Vanguard Brokerage Services (we offer them commission-free) or through another broker (you may incur commissions). Trading limits, fund expenses, and minimum investments may apply. See the Vanguard Brokerage Services commission and fee schedules for limits. Vanguard ETF Shares aren't redeemable directly with the issuing fund other than in creation unit aggregations. Like stocks, ETFs are subject to market volatility. When buying or selling an ETF, you'll pay or receive the current market price, which may be more or less than net asset value.
All investing is subject to risk, including possible loss of principal. Investments in stocks issued by non-U.S. companies are subject to risks including country/regional risk, which is the chance that political upheaval, financial troubles, or natural disasters will adversely affect the value of securities issued by companies in foreign countries or regions; and currency risk, which is the chance that the value of a foreign investment, measured in U.S. dollars, will decrease because of unfavorable changes in currency exchange rates. Bond funds are subject to the risk that an issuer will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments. Funds that concentrate on a relatively narrow market sector face the risk of higher share-price volatility.
Vanguard provides its services to the Vanguard funds and ETFs at cost.
Vanguard Brokerage Services is a division of Vanguard Marketing Corporation, Member FINRA.