Morningstar

Vanguard Morningstar Mega Cap Value Index Fund Institutional Shares VMVLX

Morningstar Medalist Rating Tracks Morningstar Index
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 320.59  /  +0.24 %
  • Total Assets 13.9B
  • Adj. Expense Ratio
    0.050%
  • Expense Ratio 0.060%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 1.91%
  • Turnover 8%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis VMVLX

Will VMVLX outperform in the 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 VMVLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    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.

  • Parent Pillar

    The Parent Pillar is our rating of VMVLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Big and cheap.

Analyst Zachary Evens

Zachary Evens

Analyst

Summary

Vanguard Mega Cap Value Index’s market-cap-weighted portfolio of the cheapest mega-cap stocks and razor-thin expense ratio make it a compelling choice.

by Zachary Evens
Rated on Published on

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Portfolio Holdings VMVLX

More VMVLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micron Technology Inc

5.00 695M
Technology

JPMorgan Chase & Co

4.41 613M
Financial Services

Berkshire Hathaway Inc Class B

3.30 458M
Financial Services

ExxonMobil Holdings Corp

3.08 429M
Energy

Johnson & Johnson

2.96 411M
Healthcare

Walmart Inc

2.13 296M
Consumer Defensive

AbbVie Inc

2.09 291M
Healthcare

Costco Wholesale Corp

1.94 269M
Consumer Defensive

Bank of America Corp

1.83 254M
Financial Services

Cisco Systems Inc

1.81 252M
Technology

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