Vanguard Slashes Expenses On VWO, Five Other International ETFs

Vanguard led all ETF issuers in cash inflows last year, thanks in no small part to a shift among investors towards the most cost-efficient ETF options. Now the company is lowering expenses on six of its international equity ETFs, reflecting greater efficiencies realized in the form of asset growth and operating cost reductions. The ETFs impacted by the expense ratio reduction include: Ticker ETF Old ER New ER VWO Emerging Markets ETF 0.27% 0.22% VGK Europe ETF 0.16% 0.14% VPL Pacific ETF 0.16% 0.14% VT Total World Stock ETF 0.30% 0.25% VEU FTSE All-World ex-U.S. ETF 0.25% 0.22% VSS FTSE All-World ex-U.S. Small Cap ETF 0.40% 0.33% The reduction to VWO makes it the cheapest option in the Emerging Markets Equities ETFdb Category–an honor previously held by Schwab’s SCHE. VWO recently became the largest U.S.-listed emerging markets ETF, surpassing iShares EEM. Both funds offer exposure to the MSCI Emerging Markets Index, but there is a considerable expense differential between the two. iShares recently lowered the fee on EEM from 0.72% to 0.69%, but at just 22 basis points, [...] Click here to read the original article on ETFdb.com. Related Posts: Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds GlobalShares Launches Three New ETFs (GSZ, GSO, GSW) Who Else Wants Ex-U.S. ETFs? Old Mutual to Launch Five New ETFs Global X Debuts ASEAN ETF (ASEA)