Vanguard Value Index is one of the cheapest large-value funds available, an excellent, low-turnover strategy that accurately represents the opportunity set available to its peers. Under our new ratings framework, which places a greater focus on fees, the fund's cheapest share classes warrant a Morningstar Analyst Rating upgrade to Gold from Silver. Owing to its higher fee, the Investor share class retains its Silver rating.
Vanguard Value Index Adm VVIAX
NAV / 1-Day Return
47.92
/
0.42
%
Total Assets
63.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.050%
Expense Ratio
0.050%
Fee Level
Low
Longest Manager Tenure
26.06
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
3,000
Status
Open
TTM Yield
2.55%
Turnover
12%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VVIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VVIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VVIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VVIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is one of the cheapest value funds available.
