ファンド概要
Vanguard Mid-Cap Index Fund ETF Shares (VO) is categorized as a Mid-Cap Blend equity fund managed by the renowned fund family, Vanguard. The fund currently oversees a substantial Total Assets (AUM) of $198.24 billion, a figure that clearly indicates significant scale and enduring popularity among institutional and retail participants seeking mid-cap exposure. While the specific number of holdings is not publicly disclosed in the available data, the fund family's reputation for broad diversification suggests a portfolio constructed to capture the performance of the entire mid-cap sector rather than relying on concentrated positions. The fund operates with an expense ratio of 0.0%, a metric that conceptually places it at the lower end of the cost spectrum compared to many actively managed peers or funds with higher fee structures.
パフォーマンス分析
The current yield stands at 1.5%, representing the annual income return distributed to shareholders, which provides a tangible income stream for investors prioritizing cash flow alongside capital appreciation. For the current year-to-date period, the fund has recorded a return of -0.6%, reflecting a short-term decline that may be attributed to broader market fluctuations or sector-specific adjustments within the mid-cap space. Over a longer horizon, the 3-year average return is 14.8% while the 5-year average return is 7.3%, demonstrating that the fund has delivered positive compounding results over multi-year cycles despite recent short-term volatility. The contrast between the negative year-to-date figure and the positive long-term averages highlights the potential for temporary market dislocations that do not necessarily alter the fund's long-term historical trajectory. The reported expense ratio of 0.0% theoretically eliminates fee drag on net returns, allowing the full market return to pass through to the investor without the erosion typically seen in higher-cost funds.
Price & Risk Profile
The stock has traded between a 52-week low of $225.25 and a 52-week high of $307.06, illustrating a trading range of approximately $81.81 that signals inherent price volatility within the mid-cap segment. Based on the available high and low prices, the current price level sits roughly 13.8% below the recent peak, suggesting the asset is currently trading at a discount relative to its most recent valuation high. Although the specific Beta value is not available in the provided data, the classification as a Mid-Cap Blend generally implies a volatility profile that is higher than large-cap indices but lower than small-cap indices. The combination of a substantial asset base and a zero expense ratio suggests a risk profile focused on broad market participation rather than high-leverage or concentrated strategies, offering investors a diversified entry point into the mid-market economy.