Any investors who are searching for Mutual Fund Equity Report funds should take a look at Vanguard Consumer Discret Index Admiral (VCDAX Quick QuoteVCDAX - Free Report) . The fund does not have a Zacks Mutual Fund Rank, though we have been able to explore other metrics like performance, volatility, and cost.

History of Fund/Manager

Vanguard Group is based in Malvern, PA, and is the manager of VCDAX. Vanguard Consumer Discret Index Admiral debuted in January of 2004. Since then, VCDAX has accumulated assets of about $549.72 million, according to the most recently available information. Awais Khan is the fund's current manager and has held that role since November of 2017.

Performance

Of course, investors look for strong performance in funds. VCDAX has a 5-year annualized total return of 14.74% and is in the middle third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 15.51%, which places it in the middle third during this time-frame.

When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. VCDAX's standard deviation over the past three years is 27.91% compared to the category average of 25.05%. Looking at the past 5 years, the fund's standard deviation is 24.14% compared to the category average of 22.18%. This makes the fund more volatile than its peers over the past half-decade.

Risk Factors

With a 5-year beta of 1.31, the fund is likely to be more volatile than the market average. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. With a negative alpha of -0.82, managers in this portfolio find it difficult to pick securities that generate better-than-benchmark returns.

Expenses

For investors, taking a closer look at cost-related metrics is key, since costs are increasingly important for mutual fund investing. Competition is heating up in this space, and a lower cost product will likely outperform its otherwise identical counterpart, all things being equal. In terms of fees, VCDAX is a no load fund. It has an expense ratio of 0.10% compared to the category average of 0.99%. From a cost perspective, VCDAX is actually cheaper than its peers.

While the minimum initial investment for the product is $100,000, investors should also note that each subsequent investment needs to be at least $1.

Bottom Line

This could just be the start of your research on VCDAXin the Mutual Fund Equity Report category. Consider going to www.zacks.com/funds/mutual-funds for additional information about this fund, and all the others that we rank as well for additional information. Zacks provides a full suite of tools to help you analyze your portfolio - both funds and stocks - in the most efficient way possible.