Vanguard 500 Index is one of the best funds available in the U.S. large-blend Morningstar Category. As one of the cheapest funds in the category, it tracks the broadly diversified and market-cap-weighted S&P 500. It has a high probability of outperforming the average fund in the large blend Morningstar Category over the long term, so its Admiral, ETF, and Institutional Select share classes earn a Morningstar Analyst Rating of Gold. Owing to its relatively higher fee, the fund’s Investor share class earns a Silver rating.
Will VFIAX 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 VFIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VFIAX 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 VFIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.