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Vanguard Small Cap Index Inv NAESX

Analyst rating as of
NAV / 1-Day Return
98.67  /  1.17 %
Total Assets
42.5 Bil
Adj. Expense Ratio
0.170%
Expense Ratio
0.170%
Fee Level
Low
Longest Manager Tenure
4.85 years
Category
Small Blend
Investment Style
Small Blend
Min. Initial Investment
3,000
Status
Limited
TTM Yield
0.96%
Turnover
16%
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Morningstar’s Analysis

Will NAESX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A well-constructed small-cap fund with a sizable cost advantage.

Summary

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Vanguard Small-Cap Index has some great features. Its well-diversified portfolio and rock-bottom expense ratio should provide a sustainable edge over its Morningstar Category peers. But small-cap stocks are less liquid than large caps, so forced trades can impart additional costs to index-tracking strategies. Although the fund takes prudent steps to mitigate these costs, its lowest-cost share classes warrant a Morningstar Analyst Rating downgrade to Silver from Gold.

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