VONE Fees and Costs — Vanguard Russell 1000 Index Fund
Data updated: 2026-07-29
The net expense ratio is 0.06%: a 0.05% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 3%.
VONE Fees and Expenses
Annual operating expenses and sales charges of VONE. Prospectus, as of February 2, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.06% |
| Fee waiver | — |
| Net expense ratio | 0.06% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VONE Costs Over Time
On $10,000 invested in VONE, assuming 5% a year before costs, total costs come to $38 over 5 years, cutting the return by 0.06% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.06%) | $6 | $20 | $35 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $6 | $21 | $38 |
| Value after costs | $10,494 | $11,555 | $12,724 |
| Impact on return, per year | 0.06% | 0.06% | 0.06% |
VONE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $594.5M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $67K (0.001% of average net assets)
VONE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $4K | 24.85% |
| CITIGROUP INC. | $4K | 22.15% |
| BANK OF AMERICA CORPORATION | $2K | 13.27% |
| JPMORGAN CHASE & CO. | $2K | 11.63% |
| MORGAN STANLEY | $2K | 10.05% |
| JEFFERIES FINANCIAL GROUP INC. | $1K | 6.25% |
| THE GOLDMAN SACHS GROUP, INC. | $623 | 3.76% |
| CITADEL SECURITIES LP | $555 | 3.35% |
| VIRTU FINANCIAL, INC. | $472 | 2.85% |
| Royal Bank of Canada | $305 | 1.84% |
VONE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Vanguard Market Liquidity Fund | $586.1M | 98.59% |
| JPMORGAN CHASE & CO. | $3.3M | 0.56% |
| THE GOLDMAN SACHS GROUP, INC. | $3.1M | 0.52% |
| MORGAN STANLEY | $1.3M | 0.21% |
| CITIGROUP INC. | $283K | 0.05% |
| BANK OF AMERICA CORPORATION | $162K | 0.03% |
| BARCLAYS PLC | $140K | 0.02% |
| JEFFERIES FINANCIAL GROUP INC. | $135K | 0.02% |
| FMR LLC | $13K | 0.00% |
| Mizuho Financial Group, Inc. | $2K | 0.00% |
Vanguard Russell 1000 Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VRNIX | Institutional Shares | 0.05% | — |
| VONE | ETF Shares | 0.06% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.