Vanguard S&P Mid-Cap 400 Value ETF

Frequently Asked Questions About IVOV

What does IVOV invest in?

This exchange-traded fund (ETF) is designed to replicate the performance of the S&P MidCap 400 Value Index, an index composed of value-oriented companies within the broader S&P 400. Its primary objective is to closely match the returns of this index, which acts as a representative measure for the overall market performance of U.S. mid-capitalization value stocks. Investors can expect a notable upside potential for growth, though its share price typically exhibits greater volatility compared to bond-focused investments. Therefore, this fund is particularly well-suited for long-range investment objectives where capital growth is a crucial factor. It is important to note that on March 14, 2023, the ETF underwent a two-for-one share split, resulting in a reduced price per share and a proportional increase in the total number of outstanding shares. Historical share price data may not always reflect this adjustment unless designated as market data; nevertheless, the overall investment returns are unaffected by this split.

What is the expense ratio of IVOV?

Vanguard S&P Mid-Cap 400 Value ETF (IVOV) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IVOV?

Vanguard S&P Mid-Cap 400 Value ETF (IVOV) manages $1.50B 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 IVOV actively managed or an index fund?

IVOV is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IVOV's is 0.10%) because there's no security selection cost.

When was IVOV launched?

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

How has IVOV performed?

IVOV'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.