- What does VEXPX invest in?
- The Vanguard Explorer Fund Investor Shares (VEXPX) concentrates its investments on small and medium-sized companies believed to possess significant growth potential. Owing to its focus on these emerging enterprises, the fund inherently experiences a higher degree of price fluctuation and unpredictability compared to investment vehicles tracking larger, more established corporations. However, to help temper the risks associated with this often-dynamic market sector, the fund employs a multi-manager approach, leveraging the diverse strategies of several investment advisors. Furthermore, its substantial portfolio breadth, encompassing holdings in over 500 different stocks, contributes to significant diversification. While these measures are designed to reduce exposure to market volatility, they cannot entirely eliminate all investment risk. This fund may serve as an effective supplementary component within a comprehensively diversified, long-term investment portfolio.
- What is the expense ratio of VEXPX?
- Vanguard Explorer Fund Investor Shares (VEXPX) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VEXPX?
- Vanguard Explorer Fund Investor Shares (VEXPX) is one share class of a fund that manages $21.70B across all of its share classes (VEXRX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is VEXPX actively managed or an index fund?
- VEXPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VEXPX's is 0.39%) in exchange for the discretion to over- or under-weight positions.
- When was VEXPX launched?
- Vanguard Explorer Fund Investor Shares (VEXPX) launched in December 1967 and is managed by Vanguard.
- How has VEXPX performed?
- VEXPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
