Summary
Vanguard Communication Services 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: 114. The ten largest make up 71% of the fund.
- Yearly costs
- 0.09%
- Fund size
- $6.30B
- Positions
- 114
- Dividend yield
- 1.02%
- Running since
- 2005
What speaks for it
- Costs of 0.09% a year are below the middle of comparable funds (0.40%).
- A large fund with $6.30B under management.
- Average yearly growth over the last ten years: 7.3%.
- It has been running since 2005.
What to watch
- The ten largest positions make up 71% of the fund, so its result rests on a few names.
- 96% of the fund is in one sector (Communication services).
- 99% of the fund is in one country (United States).
- In the last five years its price once dropped by 47% 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
- -0.5%
- 3 months
- +0.4%
- This year
- -2.4%
- 1 year
- +2.0%
- 3 years
- +76%
- 5 years
- +31%
- 10 years
- +102%
- Avg. market cap
- $1.57T
- P/E
- 17.6x
- Forward P/E
- 14.3x
- P/S
- 2.8x
- P/B
- 3.6x
- P/FCF
- 19.4x
- EV/EBITDA
- 12.0x
- Dividend yield
- 1.14%
- ROIC
- 12.8%
- ROE
- 26.5%
- Gross margin
- 63.0%
- Operating margin
- 22.3%
- Net margin
- 22.0%
- Payout ratio
- 20.1%
- Net debt/EBITDA
- 1.3x
- Beta
- 1.05
Weighted average of the 50 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MEMeta META 25%
- 2 GOAlphabet GOOGL 14%
- 3 GOAlphabet GOOG 7.7%
- 4 DIDisney DIS 4.3%
- 5 VZVerizon VZ 4.0%
- 6 TAT&T T 4.0%
- 7 NFNetflix NFLX 3.8%
- 8 SPSpaceX SPCX 2.9%
- 9 Warner Bros Discovery Inc 2.7%
- 10 TMT-Mobile US TMUS 2.4%
Positions in the fund: 114. The ten largest make up 71% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Communication services 96%
- Industrials 2.9%
- Technology 1.2%
- Real estate 0.08%
- Consumer cyclical 0.06%
- Other 0.02%
By country
- United States 99%
- Bermuda 0.2%
- Canada 0.2%
- Other countries 0.8%
By company size
- Mega cap 56%
- Large cap 37%
- Mid cap 6.0%
- Small cap 1.3%
- Micro cap 0.08%
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: Communication services (96%). Largest country: United States (99%). Largest size group: Mega cap (56%).
What does it cost me?
Cheap- A year from $10,000
- $9.00
- Over 20 years
- $451
From every $10,000 invested the fund takes $9.00 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 $451.
How has it done?
Growing over the long run- A year on average, 10 years
- +7.3%
- Deepest drop
- -47%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 7.3%. Deepest drop in these years: 47% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.02%
- Payments a year
- 4
- Last payment
- $0.23
Over the last 12 months it paid $1.00 per share, which is 1.02% of today's price. The last payment was $0.23 on Jun 24, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.6
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 29%
- Overvalued 45%
On average the companies inside trade for 17.6 times their yearly profit. By Fair Price, 45% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 94% 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 VOX Vanguard Communication Services ETF | United States | 0.09% | $6.30B | +2.1% | Pays out | 99% |
FC FCOM Fidelity MSCI Communication Services Index ETF | United States | 0.08% | $1.78B | +1.8% | Pays out | 94% |
XL XLC State Street Communication Services Select Sector SPDR ETF | United States | 0.08% | $23.5B | -4.0% | Pays out | 76% |
XU XUCM.DE Xtrackers MSCI USA Communication Services UCITS ETF 1D | Ireland | 0.12% | $1.10B | +5.5% | Pays out | 74% |
IU IU5C.DE iShares S&P 500 Communication Sector UCITS ETF | Ireland | 0.15% | $1.27B | +7.8% | Reinvests | 72% |
ZP ZPDK.DE State Street SPDR S&P U.S. Communication Services Select Sector UCITS ETF (Acc) | Ireland | 0.15% | $338.4M | +8.5% | Reinvests | 70% |
