Vanguard Explorer Fund Admiral Shares

Frequently Asked Questions About VEXRX

What does VEXRX invest in?

The objective of this fund is to pinpoint promising small and mid-sized companies that demonstrate strong potential for growth. Due to its concentration on these specific market segments, it typically experiences more volatility and unpredictability compared to equity funds primarily invested in larger, more established corporations. However, the fund endeavors to lessen some of this inherent risk through a dual approach: employing multiple investment advisors who each utilize diverse strategies, and maintaining extensive diversification across over 500 distinct stock holdings. While these measures contribute to reducing the potential for significant swings in this often-dynamic market niche, they do not completely remove all associated risks. This fund can be a beneficial addition to a well-rounded, long-term investment portfolio.

What is the expense ratio of VEXRX?

Vanguard Explorer Fund Admiral Shares (VEXRX) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VEXRX?

Vanguard Explorer Fund Admiral Shares (VEXRX) manages $21.70B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VEXRX actively managed or an index fund?

VEXRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VEXRX launched?

Vanguard Explorer Fund Admiral Shares (VEXRX) launched in November 2001 and is managed by Vanguard.

How has VEXRX performed?

VEXRX'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.