Vanguard Total Stock Market Index Fund Admiral Shares

Frequently Asked Questions About VTSAX

What does VTSAX invest in?

Launched in 1992, the Vanguard Total Stock Market Index Fund is engineered to give investors comprehensive access to the entire U.S. stock market, spanning small, mid, and large-capitalization companies across both growth and value styles. Its defining characteristics are its remarkably low costs, extensive diversification, and potential for tax efficiency. This fund is well-suited for investors seeking an affordable and broad entry into the American equity market who are comfortable with the inherent volatility of stock investments, and it can function as a core equity holding or even as their sole domestic stock fund. For 75% of its total assets, the fund operates under specific investment guidelines: it may not acquire more than 10% of any single company's outstanding voting securities, nor may it invest in an issuer if doing so would cause its total allocation to that issuer's securities to exceed 5% of the fund's assets. These restrictions can be bypassed only if necessary to closely match the structure of its benchmark index. Importantly, these limitations do not apply to obligations issued by the U.S. government or its related agencies and instrumentalities.

What is the expense ratio of VTSAX?

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VTSAX?

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) manages $2.30T 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 VTSAX actively managed or an index fund?

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

When was VTSAX launched?

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) launched in November 2000 and is managed by Vanguard.

How has VTSAX performed?

VTSAX'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.