GO
Loading...

List of Vanguard index funds switching benchmarks

Vanguard this week said that it has negotiated lower cost index-licensing deals that will result in 22 of its index mutual funds switching to new benchmarks, and adjusting the stocks they invest in accordingly.
The changes are expected to eventually lead to fee reductions for investors in Vanguard funds holding $537 billion, or more than a quarter of the $1.95 trillion that the company manages in U.S. mutual funds and exchange-traded funds.
The benchmark changes affect all share classes for the 22 funds, including shares available to average investors, as well as those geared toward institutional investors, such as companies offering 401(k) plans. Also affected are Vanguard's ETF share classes of each fund.
Below are details on which funds will switch in coming months to new indexes from their current benchmarks licensed by the firm MSCI. The new indexes for the domestic funds listed below are licensed from the University of Chicago's Center for Research in Security Prices, or CRSP, while the international funds will track indexes licensed from the firm FTSE.
Domestic fund names Current MSCI benchmark New CRSP benchmark
Vanguard Total Stock Market Index MSCI US Broad Market Index CRSP US Total Market Index
Vanguard Institutional Total Stock Market Index MSCI US Broad Market Index CRSP US Total Market Index
Vanguard Balanced Index Stock-bond balanced index, including MSCI US Broad Market Index Stock-bond balanced index, including CRSP US Total Market Index
Vanguard Mega Cap 300 Index MSCI US Large Cap 300 Index CRSP US Mega Cap Index
Vanguard Mega Cap 300 Growth Index MSCI US Large Cap Growth Index CRSP US Mega Cap Growth Index
Vanguard Mega Cap 300 Value Index MSCI US Large Cap Value Index CRSP US Mega Cap Value Index
Vanguard Large-Cap Index MSCI US Prime Market 750 Index CRSP US Large Cap Index
Vanguard Growth Index MSCI US Prime Market Growth Index CRSP US Large Cap Growth Index
Vanguard Value Index MSCI US Prime Market Value Index CRSP US Large Cap Value Index
Vanguard Mid-Cap Index MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Vanguard Mid-Cap Growth Index MSCI US Mid Cap Growth Index CRSP US Mid Cap Growth Index
Vanguard Mid-Cap Value Index MSCI US Mid Cap Value Index CRSP US Mid Cap Value Index
Vanguard Small-Cap Index MSCI US Small Cap 1750 Index CRSP US Small Cap Index
Vanguard Small-Cap Growth Index MSCI US Small Cap Growth Index CRSP US Small Cap Growth Index
Vanguard Small-Cap Value Index MSCI US Small Cap Value Index CRSP US Small Cap Value Index
VVIF Mid-Cap Index Portfolio MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
International stock fund names Current MSCI benchmark New FTSE benchmark
Vanguard European Stock Index MSCI Europe Index FTSE Developed Europe Index
Vanguard Pacific Stock Index MSCI Pacific Index FTSE Developed Asia Pacific Index
Vanguard Emerging Markets Stock Index MSCI Emerging Markets Index FTSE Emerging Index
Vanguard Total International Stock Index MSCI ACWI ex USA IMI Index FTSE Global All Cap ex US Index
Vanguard Developed Markets Index MSCI EAFE Index FTSE Developed ex North America Index
Vanguard Tax-Managed International MSCI EAFE Index FTSE Developed ex North America Index