Expense Ratio History

VIOO expense ratio history

Vanguard S&P Small-Cap 600 Index Fund

Fund company
Vanguard
Type
ETF

Expense ratio: 0.07%

In basis points
7 basis points
Yearly cost per $10,000
$7
Prospectus dated
19 December 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.10% on 20 December 2024

Fee over time

VIOO expense ratio: 0.15% until 20 Dec 2019, then 0.10%; 0.10% until 20 Dec 2024, then 0.07%; read at 0.07% on 19 Dec 2025.0.00%0.05%0.10%0.15%0.20%Dec 2015Sep 2017Jun 2019Mar 2021Dec 2022Sep 20240.15% before0.07% from 20 Dec 2024
VIOO expense ratio: 0.15% until 20 Dec 2019, then 0.10%; 0.10% until 20 Dec 2024, then 0.07%; read at 0.07% on 19 Dec 2025.0.00%0.05%0.10%0.15%0.20%Dec 2015May 2019Oct 20220.15% before0.07% from 20 Dec 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 2 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
VIOO (this page) ETF Shares 0.07% — 19 Dec 2025
VSMSX Institutional Shares 0.03% — 19 Dec 2025

Every figure we've recorded

DateFeeWhat happened
19 Dec 2025 0.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-12-19 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
20 Dec 2024 0.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-20 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
20 Dec 2024 0.07% Cut from 0.10% to 0.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2025-02-03
22 Dec 2023 0.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-12-22 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
21 Dec 2022 0.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-21 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
17 Dec 2021 0.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-12-17 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
22 Dec 2020 0.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-22 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
20 Dec 2019 0.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
20 Dec 2019 0.10% Cut from 0.15% to 0.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-01-13
20 Dec 2018 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-12-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
22 Dec 2017 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-12-22 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
23 Dec 2016 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-12-23 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
14 Dec 2015 0.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-12-14 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.07% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$90 in fees over 10 years

After fees, $10,000 grows to $16,178.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$7.18
3 years$23
5 years$40
10 years$90

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 11 prospectuses for this share class since 2015. Each one is listed above with a link to the filing.

How we read fees

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