Vanguard reports approximately $4 trillion eligible and $151 billion participating, with 507,000 participating investors in 2026. Choice applies only to eligible funds and investors.
The number of participating investors increased more than sixfold, from 82,000 in 2025 to 507,000 in 2026. Participating assets also saw significant year-over-year growth, rising nearly 17x from $9 billion to $151 billion.
Vanguard reports approximately $4 trillion eligible and $151 billion participating, with 507,000 participating investors in 2026. Choice applies only to eligible funds and investors.