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Costs, fees & minimums

See how Vanguard's low-cost approach can help you make the most of your money. You won't pay a commission to buy or sell Vanguard mutual funds and ETFs online.

Investment costs

Account and advice fees

Minimum investing requirements

Mutual funds

Most Vanguard mutual funds require a minimum investment of $3,000.**

But you can invest in any Vanguard Target Retirement Fund or in Vanguard STAR® Fund with as little as $1,000.

Get details on fees & minimums for Vanguard mutual funds

SIMPLE IRAs, Individual 401(k)s, and Vanguard 529 Plan accounts have special account service fees.

Minimums for non-Vanguard mutual funds vary by fund. Details are available in each fund profile.

*Vanguard average ETF and mutual fund expense ratio: 0.08%. Industry average ETF and mutual fund expense ratio: 0.44%. All averages are asset-weighted. Industry average excludes Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2023.

You should consult your plan fee disclosure notice for the applicable annual gross advisory fees that apply to your 401(k) account.

**Some funds have higher minimums to protect the funds from short-term trading activity. Fund-specific details are provided in each fund profile.