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Just between us

People like you, our clients, own Vanguard. There are no stockholders to pay because we don't have any. So with no one wedged between us, we get to focus on you, and you get to keep more of your returns. How we do that, and how it impacts you, is an interesting story.

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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.

For the 10-year period ended December 31, 2015, 10 of 10 Vanguard money market funds, 49 of 52 Vanguard bond funds, 18 of 18 Vanguard balanced funds, and 109 of 122 Vanguard stock funds—for a total of 186 of 202 Vanguard funds—outperformed their Lipper peer-group average. Only funds with a minimum 10-year history were included in the comparison. Source: Lipper, a Thomson Reuters Company. The competitive performance data shown represent past performance, which is not a guarantee of future results.  See the most recent performance of our funds

Vanguard is client-owned. As a client-owner, you own the funds that own Vanguard. Vanguard provides services to the Vanguard funds and ETFs at cost.