VO — Vanguard Mid-Cap Index Fund ETF Shares
US Mid Cap Ranked #60 of 120 tracked ETFs · Issued by Vanguard
Overview
The Vanguard Mid-Cap Index Fund ETF Shares (VO) operates within the US Mid Cap category, which ETFValuer currently tracks with a total of 5 funds. Issued by Vanguard, this fund has accumulated assets under management of $224 billion and trades at a price of $80.14. It holds an overall rank of #60 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 63.2 out of 100. The fund offers a low expense ratio of 0.03% while providing a dividend yield of 3.72%. The substantial asset base and low cost structure suggest significant investor adoption relative to the small number of peers in its specific category.
Over the last trading day, the fund declined by 0.58%, following a weekly drop of 0.53%. However, the trend shifted positively over the month with a gain of 2.37%, which accelerated significantly to a 10.48% return over three months. This momentum continued into the six-month period with a 9.02% gain, while the year-to-date return stands at 10.31%. The one-year return reached 15.23%, and the three-year cumulative return is recorded at 48.33%. The data indicates a divergence where short-term daily and weekly movements were negative, contrasting with strong positive performance across all longer-term horizons.
VO carries a volatility label of Low and a beta of 0.95, suggesting price movements that are generally less volatile than the broader market. The fund has a Sharpe ratio of 0.80, indicating a moderate risk-adjusted return profile relative to the risk taken. During market downturns, the fund experienced a maximum drawdown of -19.02%. This combination of a low volatility label, a beta below 1.0, and a specific maximum drawdown figure implies the fund has historically exhibited restrained downside behavior compared to higher-beta assets, while the Sharpe ratio reflects the efficiency of returns generated during these periods.
AI-generated summary based on the data on this page.
VO Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Vertiv Holdings Co | 1.03% | $2.03B |
| 2 | Howmet Aerospace Inc | 1.01% | $2.00B |
| 3 | Western Digital Corp | 1.00% | $1.98B |
| 4 | Constellation Energy Corp | 0.94% | $1.86B |
| 5 | Seagate Technology Holdings PLC | 0.93% | $1.85B |
| 6 | Quanta Services Inc | 0.89% | $1.77B |
| 7 | SLB Ltd | 0.84% | $1.66B |
| 8 | Cummins Inc | 0.81% | $1.61B |
| 9 | Valero Energy Corp | 0.80% | $1.60B |
| 10 | Phillips 66 | 0.80% | $1.58B |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
VO Performance History
| Period | Return |
|---|---|
| 1-Day | -0.58% |
| 1-Week | -0.53% |
| 1-Month | +2.37% |
| 3-Month | +10.48% |
| 6-Month | +9.02% |
| YTD | +10.31% |
| 1-Year | +15.23% |
| 3-Year | +48.33% |
How VO Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #52 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +25.82% | 0.03% | $15.3B |
| #60 | C |
VO | Vanguard Mid-Cap Index Fund ETF Shares | +15.23% | 0.03% | $224B |
| #63 | C |
IWR | iShares Russell Mid-Cap ETF | +18.64% | 0.18% | $57.0B |
| #66 | C |
IJH | iShares Core S&P Mid-Cap ETF | +19.88% | 0.05% | $124B |
| #88 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +19.48% | 0.23% | $28.1B |