The power to outperform

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BARRON'S: Vanguard active funds rank #1 over five and ten years . . . again

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Active strategies

Active management can outperform—given the right combination of talent, discipline, and incentives strictly aligned with those of clients. And Vanguard has that in spades.

Vanguard funds are better investments by design. We only launch products that have enduring investment merit, fulfill long-term client needs, and have a compelling advantage over competitors. As a result, 86% of our actively managed funds have outperformed the average returns of their peer groups over 10 years.2 Vanguard's disciplined approach applies to our full suite of products across regions, asset classes, and investment styles, including alternative, ESG, and factor-driven strategies.

Few people realize we’re among the world’s largest active investment managers with more than $1.6 trillion entrusted to us by investors seeking outperformance.3 Active is in our DNA
—we've had 46 years to hone a system that has delivered superior results for our investors year after year.

Dan Newhall

Principal, Global Oversight and Manager Search

Exceptional talent

Exceptional talent

Vanguard’s scale and reputation attract world-class talent, both internal and external. Where else can you get so many top asset managers under one roof at low cost?

Proven discipline

Proven discipline

Better investments by design through finely honed processes, risk controls, and oversight. There will be no surprises from Vanguard.

Unique alignment

Unique alignment

Our investor-owned corporate structure4—combined with fee structures that reward investment managers when they make money for you and penalize them if they don't—ensures we're solely focused on providing value to investors.

We partner with leading investment managers


Wellington Management Company • Schroder Investment Management North America • Vanguard Fixed Income Group • PRIMECAP Management Company • Vanguard Quantitative Equity Group • Marathon Asset Management • Oaktree Capital Management • Baillie Gifford Overseas • Hotchkis & Wiley • Donald Smith & Company • Pzena Investment Management • Lazard Asset Management • Jennison Associates • Frontier Capital Management • Cardinal Capital Management • Sanders Capital • D. E. Shaw Investment Management • Los Angeles Capital • ARGA Investment Management • Stephens Investment Management Group • ArrowMark Partners • RS Investments • ClearBridge Investments • TimesSquare Capital Management • Aristotle Capital Management • Cooke & Bieler • Sprucegrove Investment Management

MORE ABOUT ALPHA STRATEGIES

1 Barron's story on February 19, 2021, calculated returns before all fees, loads, or charges were deducted. Index funds were excluded. Results were asset-weighted and ranked against actively managed peers in the relevant Lipper category.

2 For the three-year period, 79 of 110 Vanguard funds outperformed their peer-group averages; for the five-year period, 83 of 102 Vanguard funds outperformed; for the ten-year period, 81 of 94 Vanguard funds outperformed. All data as of December 31, 2020. Results will vary for other time periods. Only funds with a minimum of three-, five-, or ten-year history, respectively, were included in the comparison. (Source: Lipper, a Thomson Reuters Company.) Note that the competitive performance data shown represent past performance, which is not a guarantee of future results, and that all investments are subject to risks. For the most recent performance, visit our website at www.vanguard.com/performance.

3 Assets under management are as of December 31, 2020.

4 Vanguard is investor-owned. Investors own the funds that own Vanguard.

All investing is subject to risk, including the possible loss of the money you invest.

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