Vanguard Global Minimum Volatility Fund is an attractive, low-cost fund that dials back risk. Its low fee and proven ability to mitigate volatility should provide better risk-adjusted performance than the market. But after re-examining the fund’s advantages, we no longer think it stands among the very best in the world small/mid stock Morningstar Category, so we have downgraded its Morningstar Analyst Rating to Silver from Gold.
Vanguard Global Minimum Volatility Inv VMVFX
NAV / 1-Day Return
14.82
/
0.34
%
Total Assets
2.8 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.
0.210%
Expense Ratio
0.210%
Fee Level
Low
Longest Manager Tenure
2.72
years
Category
World Small/Mid Stock
Investment Style
Large BlendMin. Initial Investment
3,000
Status
Open
TTM Yield
1.87%
Turnover
58%
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 VMVFX 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 VMVFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VMVFX 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 VMVFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A more stable approach to the global stock market.
