Vanguard Mid-Cap Index Fund ETF Shares (NYSE: VO) employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Fund Overview
- Net Assets: 171.8 billion
- NAV: 257.11
- PE Ratio: 20.88
- Yield: 1.50%
- Expense Ratio: 0.04%
- Inception Date: 01-26-2004
The Vanguard Mid Cap Index Fund is the least expensive ETF (0.04%). VO is comprised of about 350 total stocks. Not even the biggest holdings account for as much as 1% of each portfolio. Still, some top holdings are large stocks, as evidenced by the high average market capitalization of its holdings. Recent high-fliers include fiber optics specialist Amphenol (0.98%) and TransDigm Group Inc (0.88%).
Top 10 Holdings (8.10% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Amphenol Corp Class A | APH | 0.98% |
| TransDigm Group Inc | TDG | 0.88% |
| Motorola Solutions Inc | MSI | 0.85% |
| Welltower Inc | WELL | 0.85% |
| Cintas Corp | CTAS | 0.84% |
| Arthur J. Gallagher & Co | AJG | 0.79% |
| Constellation Energy Corp | CEG | 0.76% |
| Carrier Global Corp Ordinary Shares | CARR | 0.74% |
| Newmont Corp | NEM | 0.72% |
| Palantir Technologies Inc Ordinary Shares – Class A | PLTR | 0.69% |
In conclusion, VO is the best ETF for long term investors who want a broad exposure to the Mid Cap Blend segment of the US equity market.