ファンド概要
Vanguard Consumer Discretionary Index Fund ETF Shares (VCR) is categorized within the Consumer Cyclical sector and is managed by the prominent Vanguard fund family. With total assets under management reaching $6.68B, the fund demonstrates significant scale and maintains a substantial position within the exchange-traded fund landscape. While the specific number of holdings is not publicly disclosed in the current data, the absence of a listed holdings count prevents a direct assessment of the fund's diversification breadth based solely on available metrics. The fund operates with an expense ratio of 0.1%, a metric that positions it as a low-cost investment vehicle relative to many actively managed peers or higher-cost index funds, thereby reducing the drag on potential net returns for long-term holders.
パフォーマンス分析
The fund currently distributes a yield of 0.8%, a figure that represents the annualized income generated by the underlying portfolio relative to its share price, though this income level is relatively modest for income-seeking investors compared to high-yield bond or utility sector alternatives. Year-to-date, the fund has recorded a return of -2.4%, indicating a negative performance trajectory in the current fiscal year which may reflect broader market headwinds specific to consumer discretionary spending patterns. Looking at longer horizons, the 3-year average return stands at 14.1%, while the 5-year average return is 4.4%; this disparity suggests that short-term market fluctuations have significantly influenced recent performance, whereas the longer 5-year figure indicates a more moderate historical growth rate. The substantial difference between the negative year-to-date figure and the positive 3-year average highlights the volatility inherent in consumer discretionary equities, where returns can vary dramatically from one period to the next. Furthermore, the minimal 0.1% expense ratio ensures that fees do not materially erode these returns over time, preserving a higher percentage of the gross performance for the investor compared to funds with higher administrative costs.
Price & Risk Profile
Over the past year, the share price has fluctuated between a 52-week low of $285.13 and a 52-week high of $414.28, illustrating a trading range of approximately $129.15 which points to considerable price volatility typical of cyclical industries. Based on the stated high and low prices, the current share price sits within a compressed portion of the 52-week range, suggesting that the asset may be trading near the lower end of its recent historical spectrum or that recent market conditions have suppressed valuations. Although the specific beta value is not available in the current dataset, the wide swing between the high and low prices implies that the fund's price movements are likely more sensitive to market cycles than a low-volatility defensive portfolio. Consequently, the overall risk profile appears elevated due to the inherent sensitivity of consumer discretionary stocks to economic downturns and changes in household spending behavior, meaning investors should expect wider price swings than those found in utility or essential goods sectors.