Vanguard Total International Stock ETF
Supplement to the Prospectus and Summary Prospectus Dated February 27, 2024
As approved by the Fund’s Board of Trustees, Vanguard Total International Stock ETF (the Fund) has reduced its expense ratio. Effective February 3, 2025, the Annual Fund Operating Expenses table and the hypothetical expenses example for the Fund are hereby deleted and replaced with the following:
Prospectus and Summary Prospectus Text Changes for Vanguard Total International Stock ETF
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
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Total Annual Fund Operating Expenses1
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1
The expense information shown in the table has been restated to reflect current fees.
The following example is intended to help you compare the cost of investing in the Fund’s ETF Shares with the cost of investing in other funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Fund’s shares. This example assumes that the shares provide a return of 5% each year and that total annual fund operating expenses remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to sell your shares at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
This example does not include the brokerage commissions that you may pay to buy and sell ETF Shares of the Fund.
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