Vanguard 500 Index offers diversified, low-turnover exposure to U.S. large-cap stocks at an attractive price. It tracks the market-cap-weighted S&P 500, which has historically been tough competition for active managers in the large-blend Morningstar Category. Its miniscule expense ratio gives this fund a durable performance edge over its category peers. Its Admiral, Institutional Select, and exchange-traded fund share classes earn a Morningstar Analyst Rating of Gold, while the Investor share class receives a Silver rating due to its relatively higher fee.
Vanguard 500 Index Admiral VFIAX
NAV / 1-Day Return
387.05
/
1.04
%
Total Assets
223.5 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.
0.040%
Expense Ratio
0.040%
Fee Level
Low
Longest Manager Tenure
5.03
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
3,000
Status
Open
TTM Yield
1.40%
Turnover
4%
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 VFIAX 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 VFIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of VFIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
One of the cheapest funds to track the broadly diversified S&P 500.
