Investment Products

Mutual funds

Build your legacy with high-quality, low-cost mutual funds that fit your needs.

Use our tool to see historical market performance

What's a mutual fund?

A mutual fund is a collection of investors' money that fund managers use to invest in stocks, bonds, and other securities.

Index funds

Enjoy the benefits of diversification, tax efficiency, and low costs with index mutual funds.

Actively managed funds

Our diligent selection of talent, paired with our consistent investment approach and client-first focus, sets our actively managed funds apart.

Target retirement funds

You make just one decision and the fund's managers do all the rebalancing for you.

ESG funds

Invest in what matters to you. Our ESG (environmental, social, governance) funds allow you to invest in funds that align with your personal preferences.

Choose from more than just Vanguard funds

Your choice, your way. Your brokerage account gives you access to a wide variety of mutual funds from hundreds of companies.

Helpful resources

Investing on your own?

Check out key information you can use as you begin your successful DIY investing journey.

Get professional advice

We offer expert help at the low cost we're known for.

Other investment products

We have a variety of products to select from. See which best fits your needs.

Expense ratios: What they are & how they work
Expense ratios represent how much it costs to operate mutual funds and ETFs. And those expenses directly affect your bottom line.
Diversification: There's no crystal ball
Once you've chosen your asset mix, you'll select specific investments. By building a diversified portfolio, you can vastly lower your risk.
Investing in a stock, bond, ETF, or mutual fund
Learn more about some of the different investment products you can choose for your portfolio.

Frequently asked questions

*Vanguard average index ETF and mutual fund expense ratio: 0.05%. Industry average index ETF and mutual fund expense ratio: 0.18%. All averages are asset-weighted. Industry average excludes Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2023.

All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss.

Vanguard's advice services are provided by Vanguard Advisers, Inc. ("VAI"), a registered investment advisor, or by Vanguard National Trust Company ("VNTC"), a federally chartered, limited-purpose trust company.

The services provided to clients will vary based upon the service selected, including management, fees, eligibility, and access to an advisor. Find VAI's Form CRS and each program's advisory brochure here for an overview.

VAI and VNTC are subsidiaries of The Vanguard Group, Inc., and affiliates of Vanguard Marketing Corporation. Neither VAI, VNTC, nor its affiliates guarantee profits or protection from losses.

You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free online) or through another broker (who may charge commissions). See the Vanguard Brokerage Services Commission and Fee Schedules for limits. Vanguard ETF Shares are not redeemable directly with the issuing Fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.