Vanguard Tax-Managed Capital Appreciation is a great option for well-diversified and tax-efficient exposure to large-cap U.S. stocks. It tracks the Russell 1000 Index, which effectively diversifies risk and has proved tough to beat, while minimizing the tax consequences of its trades. It earns a Morningstar Analyst Rating of Gold.
Will VTCLX 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 VTCLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTCLX 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 VTCLX’s parent organization’s priorities and whether they’re in line with investors’ interests.