Vanguard Russell 1000 ETF

Frequently Asked Questions About VONE

What does VONE invest in?

This exchange-traded fund (ETF) aims to replicate the performance of the Russell 1000 Index, a comprehensive benchmark composed of a wide array of prominent U.S. companies. The index itself is often regarded as a key indicator for large-capitalization U.S. stock returns, particularly those showing growth. While offering substantial potential for capital appreciation, its value tends to experience greater volatility compared to fixed-income investments. Consequently, it is best suited for investors with a long-term investment horizon for whom significant growth of their principal is a primary objective. Regarding 75% of its overall assets, the fund operates under specific investment restrictions: it cannot acquire more than 10% of the voting shares of any single company, nor can it hold more than 5% of its total assets in the securities of one issuer. These limitations, however, can be overridden if necessary to maintain a close approximation of the target index's composition. It's important to note that these particular constraints do not apply to investments in U.S. government or agency obligations.

What is the expense ratio of VONE?

Vanguard Russell 1000 ETF (VONE) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VONE?

Vanguard Russell 1000 ETF (VONE) manages $11.50B 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 VONE actively managed or an index fund?

VONE is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VONE's is 0.06%) because there's no security selection cost.

When was VONE launched?

Vanguard Russell 1000 ETF (VONE) launched in September 2010 and is managed by Vanguard.

How has VONE performed?

VONE'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.