Summary
Vanguard Mid-Cap Value Index 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: 174. The ten largest make up 14% of the fund.
- Yearly costs
- 0.07%
- Fund size
- $36.7B
- Positions
- 174
- Dividend yield
- 1.86%
- Running since
- 2011
What speaks for it
- Costs of 0.07% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 14% of the fund.
- A large fund with $36.7B under management.
- Average yearly growth over the last ten years: 8.4%.
- It has been running since 2011.
What to watch
- 95% of the fund is in one country (United States).
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
- +1.8%
- 3 months
- +1.5%
- This year
- +16%
- 1 year
- +20%
- 3 years
- +61%
- 5 years
- +41%
- 10 years
- +124%
- Avg. market cap
- $67.3B
- P/E
- 18.4x
- Forward P/E
- 14.0x
- P/S
- 1.2x
- P/B
- 2.4x
- P/FCF
- 12.8x
- EV/EBITDA
- 12.0x
- Dividend yield
- 2.01%
- ROIC
- 8.1%
- ROE
- 20.4%
- Gross margin
- 30.1%
- Operating margin
- -15.7%
- Net margin
- -105.5%
- Payout ratio
- 37.0%
- Net debt/EBITDA
- 2.9x
- Beta
- 0.76
Weighted average of the 50 largest companies, which make up 49% 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 VLValero Energy Corporation VLO 1.9%
- 2 MPMarathon Petroleum Corporation MPC 1.9%
- 3 PSPhillips 66 PSX 1.7%
- 4 HPHewlett Packard HPE 1.4%
- 5 Warner Bros Discovery Inc 1.3%
- 6 SLSchlumberger Limited SLB 1.2%
- 7 TGTarget TGT 1.2%
- 8 CMCummins Inc. CMI 1.2%
- 9 GMGeneral Motors GM 1.1%
- 10 DLDigital Realty DLR 1.1%
Positions in the fund: 174. The ten largest make up 14% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Financials 19%
- Energy 14%
- Industrials 14%
- Utilities 11%
- Healthcare 8.9%
- Other 34%
By country
- United States 95%
- Ireland 3.8%
- Bermuda 0.5%
- United Kingdom 0.5%
- Other countries 0.2%
By company size
- Large cap 99%
- Mid cap 0.9%
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: Financials (19%). Largest country: United States (95%). Largest size group: Large cap (99%).
What does it cost me?
Cheap- A year from $10,000
- $7.00
- Over 20 years
- $352
From every $10,000 invested the fund takes $7.00 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 $352.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.4%
- Deepest drop
- -21%
- Yearly volatility
- 11%
Average yearly growth over the last ten years: 8.4%. Deepest drop in these years: 21% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.86%
- Payments a year
- 4
- Last payment
- $0.53
Over the last 12 months it paid $1.98 per share, which is 1.86% of today's price. The last payment was $0.53 on Sep 28, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 18.4
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 32%
- Fairly valued 13%
- Overvalued 55%
On average the companies inside trade for 18.4 times their yearly profit. By Fair Price, 55% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 49% 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 | ||
|---|---|---|---|---|---|---|
VO VOE Vanguard Morningstar Mid-Cap Value ETF | United States | 0.05% | $36.8B | +20% | Pays out | 100% |
IM IMCV iShares Morningstar Mid-Cap Value ETF | United States | 0.06% | $1.17B | +22% | Pays out | 62% |
VO VO Vanguard Morningstar Mid-Cap ETF | United States | 0.03% | $216.5B | +11% | Pays out | 59% |
IM IMCB iShares Morningstar Mid-Cap ETF | United States | 0.04% | $1.71B | +18% | Pays out | 45% |
IW IWS iShares Russell Mid-Cap Value ETF | United States | 0.23% | $15.4B | +20% | Pays out | 41% |
XO XOEF iShares S&P 500 ex S&P 100 ETF | United States | 0.20% | $22.4M | +16% | Pays out | 37% |