Enduring investments

A leader in active management and indexing

A leader in active management and indexing

Vanguard offers a large variety of high-quality investments at low cost. We manage the assets of many of our funds in-house. In other cases, we entrust Vanguard fund assets to the best outside managers we can find. In every case, our focus is on long-term performance that helps investors achieve their goals.

A client-focused approach

Vanguard funds are better investments by design. We seek to launch only products that have enduring investment merit, fulfill long-term client needs, and offer compelling advantages over competitors.

Link to a video about Vanguard’s investment lineup.

Molly Concannon, head of product strategy, and Matthew Brancato, head of Institutional Investor Services, discuss how we develop our diverse investment lineup.

Active management: Outperformance by design

Active management: Outperformance by design

Three factors distinguish our approach to active management:

Exceptional talent

Our scale and reputation have attracted some of the world’s best money managers to our team.

Discipline

Our patient approach to active management has enabled outperformance over the long term, despite inevitable interim periods of disappointing results.

Unique client alignment

Because our investors are our owners, we can consistently pass along economies of scale and lower the cost of investing, so our investors keep more of their potential returns.* Our built-in cost advantage also helps our portfolio managers avoid unnecessary investment risks.

A person at a computer accompanying a link to a video about Vanguard’s active fund management process.

A behind-the-scenes look at how we manage active funds.

94%

Share of our actively managed funds that outperformed their average competitors over the last ten years**

$1.4T

Assets under management

0.18%

Average expense ratio, dollar-weighted

Notes: All data include both mutual funds and exchange-traded funds. The outperformance and asset figures are as of September 30, 2022. The expense figure reflects operating costs for the funds’ fiscal years that ended in 2021. 

Sources: Vanguard and Lipper, a Thomson Reuters Company.

Pioneering index funds

Pioneering index funds

We launched the first index fund for individual investors in 1976, and we've been perfecting our indexing capabilities every day since. Low costs benefit our investors. So does our sophisticated approach to benchmark tracking, which lends performance predictability relative to the markets in which the funds invest.

A man on a phone accompanying a link to a video about indexing at Vanguard.

Meet the people behind our index methodologies.

81%

Share of our index funds that outperformed their average competitors over the last ten years***

0.06%

Average expense ratio, dollar-weighted

Notes: All data include both mutual funds and exchange-traded funds. The outperformance and asset figures are as of September 30, 2022. The expense figure reflects operating costs for the funds’ fiscal years that ended in 2021. 

Sources: Vanguard and Lipper, a Thomson Reuters Company.

Learn more about Vanguard investments

Learn more about Vanguard investments

Individuals, institutions, and financial advisors can all benefit from our experience and expertise in both active management and indexing.

Get detailed Vanguard fund information for:

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Vanguard is the trusted name in investing. Since our founding in 1975, we’ve put investors first.