Summary
Vanguard Mid-Cap Growth Fund is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 53. The ten largest make up 34% of the fund.
- Yearly costs
- 0.33%
- Fund size
- $2.70B
- Positions
- 53
- Dividend yield
- 18.54%
- Running since
- 1997
What speaks for it
- Costs of 0.33% a year are below the middle of comparable funds (0.40%).
- A large fund with $2.70B under management.
- It has been running since 1997.
What to watch
- 89% of the fund is in one country (United States).
- In the last five years its price once dropped by 56% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.2%
- 3 months
- -2.7%
- This year
- -4.3%
- 1 year
- -20%
- 3 years
- +19%
- 5 years
- -38%
- 10 years
- +8.0%
- Avg. market cap
- $37.3B
- P/E
- 34.7x
- Forward P/E
- 26.1x
- P/S
- 2.5x
- P/B
- 7.3x
- P/FCF
- 28.9x
- EV/EBITDA
- 26.5x
- Dividend yield
- 0.33%
- ROIC
- 6.9%
- ROE
- 14.2%
- Gross margin
- 47.5%
- Operating margin
- 7.3%
- Net margin
- 2.8%
- Payout ratio
- 11.3%
- Net debt/EBITDA
- 2.9x
- Beta
- 1.32
Weighted average of the 48 largest companies, which make up 98% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 VRVaronis Systems, Inc. VRNS 4.2%
- 2 SMSemtech Corporation SMTC 3.8%
- 3 MKMKS Instruments MKSI 3.7%
- 4 LYLive Nation Entertainment, Inc. LYV 3.4%
- 5 AIAixtron Se AIXA.DE 3.3%
- 6 SPSpotify SPOT 3.3%
- 7 AFAffirm AFRM 3.2%
- 8 NECloudflare NET 3.2%
- 9 FOFormFactor, Inc. FORM 3.2%
- 10 BEBloom Energy Corporation BE 3.1%
Positions in the fund: 53. The ten largest make up 34% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 34%
- Communication services 16%
- Industrials 16%
- Consumer cyclical 13%
- Healthcare 8.1%
- Other 13%
By country
- United States 89%
- Germany 3.3%
- Sweden 3.3%
- Singapore 1.8%
- Other countries 2.9%
By company size
- Large cap 77%
- Mid cap 23%
- Small cap 0.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (34%). Largest country: United States (89%). Largest size group: Large cap (77%).
What does it cost me?
Cheap- A year from $10,000
- $33.00
- Over 20 years
- $1,619
From every $10,000 invested the fund takes $33.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,619.
How has it done?
Growing slowly- A year on average, 10 years
- +0.8%
- Deepest drop
- -56%
- Yearly volatility
- 28%
Average yearly growth over the last ten years: 0.8%. Deepest drop in these years: 56% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 18.54%
- Payments a year
- 1
- Last payment
- $4.41
Over the last 12 months it paid $4.41 per share, which is 18.54% of today's price. The last payment was $4.41 on Dec 17, 2025.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 34.7
- Average Bulios Score
- 55 out of 100
Weight by Bulios Fair Price
- Undervalued 12%
- Fairly valued 2.4%
- Overvalued 86%
On average the companies inside trade for 34.7 times their yearly profit. By Fair Price, 86% of the rated weight comes out as overvalued.
Counted from its largest companies (48), which make up 98% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
TO TOGA Tremblant Global ETF | United States | 0.69% | $172.1M | -14% | Reinvests | 43% |
IW IWP iShares Russell Mid-Cap Growth ETF | United States | 0.23% | $18.9B | -7.1% | Pays out | 23% |
FE FEMG Fidelity Enhanced Mid Cap Growth ETF | United States | 0.23% | $5.10M | - | Pays out | 20% |