Vanguard Total World Stock Index Fund Admiral Shares
VTWAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Feb 7, 2019
- CIK
- 0000857489
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) is an index mutual fund that employs a passive investment approach designed to track the performance of the FTSE Global All Cap Index, which measures the market performance of large-, mid-, and small-capitalization stocks across developed and emerging markets worldwide. The fund invests all or substantially all of its assets in common stocks included in the index or in a representative sample of securities that closely resembles the index's key risk factors, including industry weightings, country weightings, and market capitalization; it holds approximately 10,000 stocks from 49 markets, with top holdings such as NVIDIA Corp., Apple Inc., Microsoft Corp., Amazon.com Inc., and Broadcom Inc. representing about 22% of assets as of late 2025. The portfolio emphasizes broad diversification, with U.S. stocks comprising roughly 62% of assets, followed by non-U.S. stocks at 37%, and sector allocations led by technology (26%), financial services (17%), and industrials (11%); it maintains a low portfolio turnover of 3-4% and an adjusted expense ratio of 0.09-0.10%. Launched on February 7, 2019, the Admiral Shares class requires a minimum initial investment of $3,000 and targets long-term investors seeking comprehensive global equity exposure through a single, low-cost vehicle in the global large-stock blend category. Managed by Vanguard Group, Inc., based in Malvern, Pennsylvania—the firm founded in 1975 with over $11 trillion in global assets under management as of early 2025—the fund is co-managed by Christine D. Franquin (since 2013) and Scott E. Geiger (since 2017). In early 2025, Vanguard implemented its largest round of fee cuts across funds, costing an estimated $350 million, reinforcing its commitment to low-cost investing while the firm established a dedicated division for advice and wealth management services to enhance competitiveness in those areas. The parent company has sustained robust asset growth, with inflows rivaling BlackRock's and client numbers more than doubling since 2015, alongside launches of about a dozen low-cost bond ETFs in the 12 months through June 2025; however, rapid expansion has strained service capacity, prompting temporary curbs on certain offerings and selective fee increases. VTWAX itself manages total net assets of approximately $73.5 billion, delivering solid category-relative performance, including a 20.88% one-year return and 12.61% annualized since inception through mid-2025.