Summary
Vanguard Global Minimum Volatility Fund Admiral Shares 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: 241. The ten largest make up 15% of the fund.
- Yearly costs
- 0.14%
- Fund size
- $1.90B
- Positions
- 241
- Dividend yield
- 8.78%
- Running since
- 2013
What speaks for it
- Costs of 0.14% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 15% of the fund.
- A large fund with $1.90B under management.
- It has been running since 2013.
What to watch
Nothing here calls for caution.
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
- +5.4%
- 3 months
- +3.2%
- This year
- +14%
- 1 year
- +4.2%
- 3 years
- +34%
- 5 years
- +21%
- 10 years
- +52%
- Avg. market cap
- $446.6B
- P/E
- 13.3x
- Forward P/E
- 9.1x
- P/S
- 1.8x
- P/B
- 2.6x
- P/FCF
- 11.9x
- EV/EBITDA
- 15.0x
- Dividend yield
- 1.87%
- ROIC
- 19.2%
- ROE
- 29.4%
- Gross margin
- 45.7%
- Operating margin
- 25.2%
- Net margin
- 21.2%
- Payout ratio
- 24.8%
- Net debt/EBITDA
- 2.0x
- Beta
- 0.43
Weighted average of the 50 largest companies, which make up 58% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ASASE ASX 1.7%
- 2 TSTSMC TSM 1.7%
- 3 UMUnited Microelectronics UMC 1.7%
- 4 00Samsung Electronics Co., Ltd. 005935.KS 1.5%
- 5 CSCisco CSCO 1.5%
- 6 KOCoca-Cola KO 1.5%
- 7 IBIBM IBM 1.5%
- 8 MSMicrosoft MSFT 1.5%
- 9 Compass Group PLC 1.4%
- 10 RSRepublic Services RSG 1.4%
Positions in the fund: 241. The ten largest make up 15% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Technology 26%
- Financials 12%
- Industrials 10%
- Healthcare 9.8%
- Consumer defensive 9.4%
- Other 33%
By country
- United States 55%
- United Kingdom 5.6%
- Canada 4.0%
- Switzerland 3.4%
- Other countries 32%
By company size
- Mega cap 22%
- Large cap 65%
- Mid cap 12%
- Small cap 0.3%
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. Counted from the companies that make up 91% of the fund.
Largest sector: Technology (26%). Largest country: United States (55%). Largest size group: Large cap (65%).
What does it cost me?
Cheap- A year from $10,000
- $14.00
- Over 20 years
- $699
From every $10,000 invested the fund takes $14.00 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 $699.
How has it done?
Growing slowly- A year on average, 10 years
- +4.2%
- Deepest drop
- -15%
- Yearly volatility
- 12%
Average yearly growth over the last ten years: 4.2%. Deepest drop in these years: 15% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 8.78%
- Payments a year
- 1
- Last payment
- $3.17
Over the last 12 months it paid $3.17 per share, which is 8.78% of today's price. The last payment was $3.17 on Dec 19, 2025.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.3
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 22%
- Fairly valued 14%
- Overvalued 64%
On average the companies inside trade for 13.3 times their yearly profit. By Fair Price, 64% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 58% 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 | ||
|---|---|---|---|---|---|---|
VM VMIN.AX Vanguard Global Minimum Volatility Active ETF | Australia | 0.28% | $12.4M | +1.6% | Pays out | 53% |
VV VVO.TO Vanguard Global Minimum Volatility ETF | Canada | 0.36% | $29.8M | +7.8% | Reinvests | 50% |
UE UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Dist) | Ireland | 0.30% | $12.6M | +12% | Pays out | 34% |
MV MVSH.SW iShares Edge MSCI World Minimum Volatility UCITS ETF | Ireland | 0.35% | $72.0M | +5.7% | Reinvests | 34% |
IQ IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD | Ireland | 0.30% | $2.76B | +14% | Reinvests | 34% |
SX SXR0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged Accum | Ireland | 0.35% | $185.4M | +8.4% | Reinvests | 34% |