Have you been searching for a Large Cap Growth fund? You might want to begin with Vanguard Consumer Discret Index Admiral (VCDAX Quick QuoteVCDAX - Free Report) . VCDAX has no Zacks Mutual Fund Rank, but we have been able to look into other metrics like performance, volatility, and cost.

Objective

VCDAX is part of the Large Cap Growth section, and this segment boasts an array of other possible options. Large Cap Growth mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. Companies are usually considered to be large-cap if their market capitalization is over $10 billion.

History of Fund/Manager

Vanguard Group is responsible for VCDAX, and the company is based out of Malvern, PA. Since Vanguard Consumer Discret Index Admiral made its debut in January of 2004, VCDAX has garnered more than $585.99 million in assets. The fund is currently managed by Chris Nieves who has been in charge of the fund since February of 2025.

Performance

Of course, investors look for strong performance in funds. VCDAX has a 5-year annualized total return of 5.37%, 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 11.06%, which places it in the middle third during this time-frame.

It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower.

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. Over the past three years, VCDAX's standard deviation comes in at 17.97%, compared to the category average of 16.97%. The fund's standard deviation over the past 5 years is 22.03% compared to the category average of 20.29%. This makes the fund more volatile than its peers over the past half-decade.

Risk Factors

Investors should note that the fund has a 5-year beta of 1.25, which means it is hypothetically more volatile than the market at large. 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 -7.75, 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 0.09% compared to the category average of 0.93%. From a cost perspective, VCDAX is actually cheaper than its peers.

Investors need to be aware that with this product, the minimum initial investment is $100,000; each subsequent investment needs to be at least $1.

Fees charged by investment advisors have not been taken into consideration. Returns would be less if those were included.

Bottom Line

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