According to a news release, the new offerings feature ETF and Institutional Shares, and provide exposure to the value, growth, and blend segments of the large-cap Russell 1000 Index and small-cap Russell 2000 Index.
A broad market fund and ETF seeking to track the Russell 3000 Index are also being offered.
“Russell benchmarks are well-constructed and well-recognized, and meet Vanguard’s ‘best practice’ standards for index construction. Institutional investors, consultants, financial advisors, and others with a preference for Russell indexes now have low-cost Vanguard options to consider,” said Vanguard Chairman and CEO Bill McNabb, in the news release.
Vanguard said the latest offerings include:
Benchmark/ETF Shares/Institutional Shares
- Russell 1000 Index: VONE, 0.12%/ VRNIX, 0.08%
- Russell 1000 Value Index: VONV, 0.15%/ VRVIX, 0.08%
- Russell 1000 Growth Index: VONG, 0.15%/ VRGWX, 0.08%
- Russell 2000 Index: VTWO, 0.15%/ VRTIX, 0.08%
- Russell 2000 Value Index: VTWV, 0.20%/VRTVX, 0.08%
- Russell 2000 Growth Index: VTWG, 0.20%/VRTGX, 0.08%
- Russell 3000 Index: VTHR, 0.15%/VRTTX, 0.08%
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