Vanguard Mid-Cap Growth Index is one of the cheapest mid-cap growth funds available. On top of its considerable cost advantage, it effectively diversifies risk and keeps turnover low. 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 relatively higher fee, the Investor share class retains its Silver rating.
Will VMGMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMGMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VMGMX 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 VMGMX’s parent organization’s priorities and whether they’re in line with investors’ interests.