Morningstar

Vanguard 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 324.03  /  −0.12 %
  • Total Assets 13.3B
  • 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 1.87%
  • Turnover 8%

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 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 28.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micron Technology Inc

5.25 665M
Technology

JPMorgan Chase & Co

3.63 461M
Financial Services

Berkshire Hathaway Inc Class B

3.14 399M
Financial Services

Exxon Mobil Corp

2.91 369M
Energy

Johnson & Johnson

2.61 331M
Healthcare

Walmart Inc

2.44 309M
Consumer Defensive

Intel Corp

2.20 279M
Technology

Cisco Systems Inc

2.05 261M
Technology

Costco Wholesale Corp

2.04 258M
Consumer Defensive

Caterpillar Inc

1.96 248M
Industrials

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