# Vanguard S&P Mid-Cap 400 Value ETF (IVOV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ivov for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Mid Cap Equity - Strategy: Passive Index · Inception: 2010-09-07 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 investme... ## Key Facts | Metric | Value | |---|---| | Price | $111.99 | | Expense Ratio | 0.10% | | Assets Under Management | $1.30B | | NAV | $111.97 | | Holdings Count | 298 | | Distribution Yield (TTM) | 1.64% | | Annual Distribution (TTM) | $1.84 /share | | Distribution Frequency | Annual | | 52-Week Range | $96.11 – $117.42 | | Beta | 0.99 | ## Latest Distribution - Amount: $1.8410 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-24 ## Frequently Asked Questions ### 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 $1.30B 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. ### Does IVOV pay a dividend? Vanguard S&P Mid-Cap 400 Value ETF (IVOV) currently distributes little or no income. Trailing-twelve-month yield is 1.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does IVOV pay dividends? Vanguard S&P Mid-Cap 400 Value ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is IVOV's dividend yield? IVOV's trailing-twelve-month yield is 1.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is IVOV's next ex-dividend date? The most recently announced ex-dividend date for IVOV was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will IVOV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IVOV charge its expense ratio? The expense ratio is deducted in tiny daily slices from IVOV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IVOV cost more than a fund like VOO? IVOV is a passive index fund (current expense ratio 0.10%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to IVOV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IVOV (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ivov - Distribution history: https://www.dividenddata.com/funds/ivov/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ivov/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ivov/expenses - Peer comparison: https://www.dividenddata.com/funds/ivov/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.