VOT — Vanguard Mid-Cap Growth Index Fund ETF Shares
US Mid Cap Ranked #363 of 458 tracked ETFs · Issued by Vanguard
VOT Price Performance — Growth of $10,000
Value of a $10,000 investment in VOT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
VOT Drawdown
The "underwater" chart: VOT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in VOT?
See what a lump sum in VOT would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Vanguard Mid-Cap Growth Index Fund ETF Shares (VOT) operates within the US Mid Cap category, which ETFValuer tracks with a total of 14 funds. Issued by Vanguard, this fund has accumulated assets under management of $34.8 billion and trades at a price of $294.68. It holds an overall rank of #363 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 52.4 out of 100. The fund offers a low expense ratio of 0.05% while providing a dividend yield of 0.59%. The substantial asset size and low cost structure suggest significant investor adoption despite the fund's mid-tier ranking relative to the broader universe of tracked ETFs.
Recent performance data shows a decline over the shortest horizons, with the fund down 0.33% over one day and 0.29% over one week. This short-term weakness extended into the month, resulting in a 1.80% loss, before the trend reversed into positive territory over longer periods. The fund posted gains of 4.11% over three months and 4.58% over six months, indicating a recovery from the recent dip. Year-to-date returns stand at +5.11%, while the one-year return is recorded at +3.15%. The longer-term trajectory is significantly stronger, with a three-year return of +42.43% demonstrating substantial growth over the multi-year period.
The fund carries a Moderate volatility label and exhibits a beta of 1.19, suggesting it tends to move more than the broader market. A Sharpe ratio of -0.11 indicates that the risk-adjusted returns have been negative over the measured period. The maximum drawdown of -21.77% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a negative Sharpe ratio implies that the fund has experienced periods where increased market sensitivity did not translate into adequate compensation for the risk taken. The moderate volatility classification aligns with the observed drawdown, reflecting the fund's behavior in both rising and falling market conditions.
AI-generated summary based on the data on this page.
VOT Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Vertiv Holdings Co | 2.49% | $729M |
| 2 | Howmet Aerospace Inc | 2.40% | $703M |
| 3 | Constellation Energy Corp | 2.24% | $654M |
| 4 | Seagate Technology Holdings PLC | 2.22% | $650M |
| 5 | Quanta Services Inc | 2.14% | $625M |
| 6 | Motorola Solutions Inc | 1.87% | $547M |
| 7 | Ross Stores Inc | 1.82% | $533M |
| 8 | Royal Caribbean Cruises Ltd | 1.74% | $510M |
| 9 | TransDigm Group Inc | 1.70% | $498M |
| 10 | Cloudflare Inc | 1.62% | $473M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 20.2% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VOT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With VOT
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VOT's top 10 — VO overlaps most, holding 5 of the same companies as VOT's top 10 (11.5% of VOT's assets).
| ETF | Name | Shared Companies | VOT Weight | Examples |
|---|---|---|---|---|
| VO | Vanguard Mid-Cap Index Fund ETF Shares | 5 | 11.5% | Vertiv Holdings Co, Howmet Aerospace Inc, Constellation Energy Corp… |
| IWP | iShares Russell Mid-Cap Growth ETF | 4 | 8.3% | Howmet Aerospace Inc, Royal Caribbean Cruises Ltd, Vertiv Holdings Co… |
| IWR | iShares Russell Mid-Cap ETF | 3 | 5.8% | Howmet Aerospace Inc, Royal Caribbean Cruises Ltd, Cloudflare Inc |
| PAVE | Global X U.S. Infrastructure Development ETF | 2 | 4.5% | Howmet Aerospace Inc, Quanta Services Inc |
| JEPI | JPMorgan Equity Premium Income ETF | 2 | 4.2% | Howmet Aerospace Inc, Ross Stores Inc |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.
What VOT's Fees Cost You
VOT charges an expense ratio of 0.05% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
VOT Dividend Income Estimator
VOT currently yields 0.59%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
VOT Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.04% and average daily volume is 215K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $34.8B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: VOT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
VOT Performance History
| Period | Return |
|---|---|
| 1-Day | -0.33% |
| 1-Week | -0.29% |
| 1-Month | -1.80% |
| 3-Month | +4.11% |
| 6-Month | +4.58% |
| YTD | +5.11% |
| 1-Year | +3.15% |
| 3-Year | +42.43% |
How VOT Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #31 | B+ |
VOE | Vanguard Mid-Cap Value Index Fund ETF Shares | +22.10% | 0.05% | $37.2B |
| #103 | B |
IWS | iShares Russell Mid-Cap Value ETF | +22.53% | 0.23% | $15.6B |
| #130 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +23.46% | 0.03% | $15.3B |
| #160 | B |
IJH | iShares Core S&P Mid-Cap ETF | +19.66% | 0.05% | $124B |
| #163 | B |
VO | Vanguard Mid-Cap Index Fund ETF Shares | +14.00% | 0.03% | $224B |
| #184 | C |
IWR | iShares Russell Mid-Cap ETF | +16.66% | 0.18% | $57.0B |
| #186 | C |
SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | +19.70% | 0.03% | $18.4B |
| #202 | C |
IJK | iShares S&P Mid-Cap 400 Growth ETF | +22.40% | 0.17% | $11.3B |
| #207 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +19.28% | 0.23% | $28.1B |
| #229 | C |
MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | +22.38% | 0.15% | $2.92B |
| #266 | C |
IJJ | iShares S&P Mid-Cap 400 Value ETF | +16.59% | 0.18% | $8.73B |
| #297 | C |
MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | +16.68% | 0.15% | $2.68B |
| #363 | C |
VOT | Vanguard Mid-Cap Growth Index Fund ETF Shares | +3.15% | 0.05% | $34.8B |
| #397 | D |
IWP | iShares Russell Mid-Cap Growth ETF | -0.79% | 0.23% | $21.6B |