Vanguard Mega Cap Value ETF MGV is one of the cheapest options for exposure to the largest U.S. value stocks. This isn't as well-diversified as broader large-cap value index funds, but it still has limited exposure to firm-specific risk. Under Morningstar's new ratings framework, which places greater emphasis on fees, the fund warrants an upgrade to a Morningstar Analyst Rating of Gold from Silver.
Will VMVLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMVLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VMVLX 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 VMVLX’s parent organization’s priorities and whether they’re in line with investors’ interests.