Vanguard Consumer Discretionary Index Fund Admiral Shares

Frequently Asked Questions About VCDAX

What does VCDAX invest in?

This affordable index fund grants investors access to the American stock market's consumer discretionary industry. This particular sector comprises companies that manufacture goods and offer services deemed non-essential by consumers, such as retail businesses, restaurants, and e-commerce or direct marketing firms. The primary drawback of this fund is its specialized concentration, as it invests exclusively in consumer discretionary equities, which are notably prone to economic fluctuations. Consequently, investors should anticipate significant price swings. It is therefore recommended to integrate this fund only as a small part of an already extensively diversified investment portfolio.

What is the expense ratio of VCDAX?

Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VCDAX?

Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) manages $6.80B 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 VCDAX actively managed or an index fund?

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

When was VCDAX launched?

Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) launched in July 2005 and is managed by Vanguard.

How has VCDAX performed?

VCDAX'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.