Vanguard Mega Cap Value Index is sensibly constructed, rarely turns over, and boasts a paper-thin fee. It sports a lean portfolio that only focuses on the largest edge of the value market. This narrow focus and a competitive Morningstar Category warrant a Morningstar Analyst Rating downgrade to Silver from Gold.
Will MGV outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGV’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MGV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MGV’s parent organization’s priorities and whether they’re in line with investors’ interests.