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Should Vanguard Mid-Cap Value Index Fund ETF Shares (VOE) Be on Your Investing Radar?
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The Vanguard Mid-Cap Value Index Fund ETF Shares (VOE - Free Report) was launched on August 17, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Value segment of the US equity market.
The fund is sponsored by Vanguard. It has amassed assets over $22.69 billion, making it the largest ETF attempting to match the Mid Cap Value segment of the US equity market.
Why Mid Cap Value
With market capitalization between $2 billion and $10 billion, mid cap companies usually contain higher growth prospects than large cap companies, and are considered less risky than their small cap counterparts. Thus, companies that fall under this category provide a stable and growth-heavy investment.
Value stocks are known for their lower than average price-to-earnings and price-to-book ratios, but investors should also note their lower than average sales and earnings growth rates. While value stocks have outperformed growth stocks in nearly all markets when you consider long-term performance, growth stocks are more likely to outpace value stocks in strong bull markets.
Costs
Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.
Annual operating expenses for this ETF are 0.05%, making it the least expensive products in the space.
It has a 12-month trailing dividend yield of 1.88%.
Sector Exposure and Top Holdings
It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Financials sector -- about 17.3% of the portfolio. Industrials and Energy round out the top three.
Looking at individual holdings, Slb Ltd (SLB) accounts for about 1.44% of total assets, followed by Cummins Inc (CMI) and Valero Energy Corp (VLO).
The top 10 holdings account for about 8.24% of total assets under management.
Performance and Risk
VOE seeks to match the performance of the CRSP U.S. Mid Cap Value Index before fees and expenses. The CRSP U.S. Mid Cap Value Index measures the investment return of mid-capitalization value stocks.
The ETF has gained about 10.72% so far this year and is up roughly 23.39% in the last one year (as of 06/08/2026). In the past 52-week period, it has traded between $161.50 and $197.16.
The ETF has a beta of 0.85 and standard deviation of 13.55% for the trailing three-year period, making it a medium risk choice in the space. With about 177 holdings, it effectively diversifies company-specific risk.
Alternatives
Vanguard Mid-Cap Value Index Fund ETF Shares holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VOE is an excellent option for investors seeking exposure to the Style Box - Mid Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well.
The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) and the iShares Russell Mid-Cap Value ETF (IWS) track a similar index. While First Trust SMID Cap Rising Dividend Achievers ETF has $10.80 billion in assets, iShares Russell Mid-Cap Value ETF has $15.17 billion. SDVY has an expense ratio of 0.58% and IWS charges 0.23%.
Bottom-Line
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Should Vanguard Mid-Cap Value Index Fund ETF Shares (VOE) Be on Your Investing Radar?
The Vanguard Mid-Cap Value Index Fund ETF Shares (VOE - Free Report) was launched on August 17, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Value segment of the US equity market.
The fund is sponsored by Vanguard. It has amassed assets over $22.69 billion, making it the largest ETF attempting to match the Mid Cap Value segment of the US equity market.
Why Mid Cap Value
With market capitalization between $2 billion and $10 billion, mid cap companies usually contain higher growth prospects than large cap companies, and are considered less risky than their small cap counterparts. Thus, companies that fall under this category provide a stable and growth-heavy investment.
Value stocks are known for their lower than average price-to-earnings and price-to-book ratios, but investors should also note their lower than average sales and earnings growth rates. While value stocks have outperformed growth stocks in nearly all markets when you consider long-term performance, growth stocks are more likely to outpace value stocks in strong bull markets.
Costs
Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.
Annual operating expenses for this ETF are 0.05%, making it the least expensive products in the space.
It has a 12-month trailing dividend yield of 1.88%.
Sector Exposure and Top Holdings
It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Financials sector -- about 17.3% of the portfolio. Industrials and Energy round out the top three.
Looking at individual holdings, Slb Ltd (SLB) accounts for about 1.44% of total assets, followed by Cummins Inc (CMI) and Valero Energy Corp (VLO).
The top 10 holdings account for about 8.24% of total assets under management.
Performance and Risk
VOE seeks to match the performance of the CRSP U.S. Mid Cap Value Index before fees and expenses. The CRSP U.S. Mid Cap Value Index measures the investment return of mid-capitalization value stocks.
The ETF has gained about 10.72% so far this year and is up roughly 23.39% in the last one year (as of 06/08/2026). In the past 52-week period, it has traded between $161.50 and $197.16.
The ETF has a beta of 0.85 and standard deviation of 13.55% for the trailing three-year period, making it a medium risk choice in the space. With about 177 holdings, it effectively diversifies company-specific risk.
Alternatives
Vanguard Mid-Cap Value Index Fund ETF Shares holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VOE is an excellent option for investors seeking exposure to the Style Box - Mid Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well.
The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) and the iShares Russell Mid-Cap Value ETF (IWS) track a similar index. While First Trust SMID Cap Rising Dividend Achievers ETF has $10.80 billion in assets, iShares Russell Mid-Cap Value ETF has $15.17 billion. SDVY has an expense ratio of 0.58% and IWS charges 0.23%.
Bottom-Line
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.