Vanguard Morningstar Mid-Cap ETF

Frequently Asked Questions About VO

What does VO invest in?

The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

What is the expense ratio of VO?

Vanguard Morningstar Mid-Cap ETF (VO) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VO?

Vanguard Morningstar Mid-Cap ETF (VO) manages $224.70B 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 VO actively managed or an index fund?

VO 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 (VO's is 0.03%) because there's no security selection cost.

When was VO launched?

Vanguard Morningstar Mid-Cap ETF (VO) launched in January 2004 and is managed by Vanguard.

How has VO performed?

VO'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.