So while I'm never putting away the same amount month to month, being able to buy the partial shares is definitely in my better interest. The Luxurious Way To Financial Independence. (Even if it's only $25 per paycheck. https://www.reddit.com/r/investing/comments/3v20d1/voo_vs_vfiax_vs_vfinx/, https://www.reddit.com/r/investing/comments/1xs8t6/voo_vs_vfinx_vs_vfiax/, https://www.reddit.com/r/investing/comments/4i30w7/can_someone_please_explain_vanguard_voo_vs_vfiax/. Even small differences in expense ratios can make a big difference in the total long-term returns of a portfolio. VFINX, provides investors with the same market exposure as. I approached it from a slightly different direction. There is also no minimum investment requirement once you surpass an account balance of $3,000. This just means new investors cannot purchase VFINX anymore. You gain your additional fractional investments (at no commission cost), and the fund's innate growth/dividend compounding of the base capital.). So now you don’t have to leave your money sitting idle in your account. Although both track the S&P 500 Index, they differ in expense ratios and minimum account balance requirements. They also have a different expense ratio because of their different classification. VFINX has a higher expense ratio than VFIAX (0.14% vs 0.04%). Since VFIAX is an admiral share fund, it offers significantly more advantages. Vanguard 500 Index Fund Investor Shares (VFINX) is the non-admiral version of the very popular index fund, VFIAX. Go ad free. This just means new investors cannot purchase VFINX anymore. Thanks for the links. VFINX is an Investor Shares Fund, which means there is no. That being said, I am still at a loss that the comments in those threads didn't do well to answer. Get All My Free Resources For Financial Independence! The only issue is the fund is now closed to all new investors. Nop not yet, VFIAX automatically reinvest dividends in the same Index, while VOO you need to manually reinvest the dividends. The Fund attempts to replicate the target index by investing all of its assets in the stocks that make up the Index with the same approximate weightings as the Index. VFIAX was created in 2000 and currently has an expense ratio of only 0.04%. New investors looking for a no-minimum alternative can purchase the Exchange-Traded Fund (ETF) version of VFINX, which is Vanguard S&P 500 ETF (. Start a free trial. Can you explain what that's about or if I'm missing something? Are you able to explain what that is? VFIAX vs VFINX. They will convert your share class automatically (says this in the prospectus). minimum requirement to purchase VOO and can be bought commission-free with Vanguard. VFINX provides investors with the same market exposure as its admiral version VFIAX but at a higher expense ratio of 0.14%.
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