The fund launched in November 1992. Parent company Vanguard is the largest mutual fund provider in the U.S. and offers a wide array of mutual funds and ETFs.

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Get your mutual fund recommendation online. Want to learn more? Understand Vanguard's principles for investing success. Interested in exchange-traded funds?

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An ETF can help you obtain the same level of diversification but at a much lower cost. For example, imagine you buy 1 ETF that holds all 25 stocks and costs $50 a share, and you enjoy Vanguard’s commission-free trading. purchase price (1 ETF multiplied by $50 per share) + $0 in commissions (for Vanguard ETFs® held in a Vanguard Brokerage Account)

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How much does it actually cost to own an ETF? The expense ratio is a good initial indication of a fund’s cost, but it only tells part of the tale. The total cost of ownership of an ETF goes …

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