Vanguard S&P Mid-Cap 400 ETF

Frequently Asked Questions About IVOO

What does IVOO invest in?

This exchange-traded fund (ETF) primarily invests in the equity of approximately 400 medium-sized American enterprises, mirroring the composition of the S&P MidCap 400 Index. Its core objective is to closely emulate the performance of this index, which serves as a widely recognized benchmark for the broader U.S. mid-capitalization stock market. While offering significant potential for capital appreciation, this ETF's share value can fluctuate more dramatically than investments in bond funds, reflecting its higher-growth, higher-risk profile. Consequently, it is generally best suited for investors with long-term financial objectives for whom substantial monetary growth is a key priority. On March 14, 2023, the ETF executed a 2-for-1 share split. This corporate action effectively halved the price per share while simultaneously doubling the total number of outstanding shares. It's important to note that historical share price data typically does not reflect this split, unless explicitly stated as market data that has been adjusted accordingly. Regardless of how pre- and post-split prices might be displayed in certain datasets, the overall investment returns remain unaffected by this event.

What is the expense ratio of IVOO?

Vanguard S&P Mid-Cap 400 ETF (IVOO) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IVOO?

Vanguard S&P Mid-Cap 400 ETF (IVOO) manages $5.70B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IVOO actively managed or an index fund?

IVOO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IVOO launched?

Vanguard S&P Mid-Cap 400 ETF (IVOO) launched in September 2010 and is managed by Vanguard.

How has IVOO performed?

IVOO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.