Summary
Vanguard Windsor II 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: 183. The ten largest make up 20% of the fund.
- Yearly costs
- 0.24%
- Fund size
- $65.2B
- Positions
- 183
- Dividend yield
- 9.48%
- Running since
- 2001
What speaks for it
- Costs of 0.24% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 20% of the fund.
- A large fund with $65.2B under management.
- It has been running since 2001.
What to watch
- 81% 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
- +1.1%
- 3 months
- +4.9%
- This year
- +12%
- 1 year
- +5.4%
- 3 years
- +33%
- 5 years
- +9.0%
- 10 years
- +50%
- Avg. market cap
- $961.7B
- P/E
- 16.9x
- Forward P/E
- 13.1x
- P/S
- 1.6x
- P/B
- 2.2x
- P/FCF
- 12.6x
- EV/EBITDA
- 11.4x
- Dividend yield
- 1.46%
- ROIC
- 14.5%
- ROE
- 26.3%
- Gross margin
- 52.5%
- Operating margin
- 23.2%
- Net margin
- 20.9%
- Payout ratio
- 24.8%
- Net debt/EBITDA
- 1.3x
- Beta
- 0.78
Weighted average of the 50 largest companies, which make up 54% 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 MKTLIQ 12/31/2049 3.1%
- 2 GOAlphabet GOOG 3.0%
- 3 TSTSMC TSM 2.7%
- 4 MSMicrosoft MSFT 1.9%
- 5 AMAmazon AMZN 1.9%
- 6 ELElevance Health ELV 1.8%
- 7 AIAmerican International Group, Inc. AIG 1.7%
- 8 CTCorteva, Inc. CTVA 1.5%
- 9 00Samsung Electronics Co., Ltd. 005930.KS 1.5%
- 10 CRSalesforce CRM 1.4%
Positions in the fund: 183. The ten largest make up 20% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 23%
- Financials 20%
- Healthcare 12%
- Industrials 9.6%
- Communication services 7.7%
- Other 28%
By country
- United States 81%
- United Kingdom 3.2%
- Ireland 1.8%
- Switzerland 1.5%
- Other countries 13%
By company size
- Mega cap 31%
- Large cap 66%
- Mid cap 3.5%
- Small cap 0.2%
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 94% of the fund.
Largest sector: Technology (23%). Largest country: United States (81%). Largest size group: Large cap (66%).
What does it cost me?
Cheap- A year from $10,000
- $24.00
- Over 20 years
- $1,187
From every $10,000 invested the fund takes $24.00 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 $1,187.
How has it done?
Growing slowly- A year on average, 10 years
- +4.1%
- Deepest drop
- -28%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 4.1%. Deepest drop in these years: 28% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 9.48%
- Payments a year
- 2
- Last payment
- $8.89
Over the last 12 months it paid $8.89 per share, which is 9.48% of today's price. The last payment was $8.89 on Dec 17, 2025.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.9
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 31%
- Fairly valued 11%
- Overvalued 58%
On average the companies inside trade for 16.9 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 54% 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 | ||
|---|---|---|---|---|---|---|
FN FNDX Schwab Fundamental U.S. Large Company ETF | United States | 0.25% | $28.2B | +22% | Pays out | 33% |
FN FNDB Schwab Fundamental U.S. Broad Market Index ETF | United States | 0.25% | $1.49B | +22% | Pays out | 32% |
VL VLU State Street SPDR S&P 1500 Value Tilt ETF | United States | 0.12% | $779.0M | +19% | Pays out | 32% |
6P 6PSA.DE Invesco RAFI US Fundamental Value UCITS ETF | Ireland | 0.39% | $994.4M | +29% | Pays out | 31% |
RW RWL Invesco S&P 500 Revenue ETF | United States | 0.39% | $10.2B | +20% | Pays out | 31% |
IL ILCV iShares Morningstar Value ETF | United States | 0.04% | $1.37B | +20% | Pays out | 31% |