Vanguard S&P Mid-Cap 400 Value ETF

Vanguard S&P Mid-Cap 400 Value ETF

About

Vanguard S&P Mid-Cap 400 Value ETF (US9219328443) is a US-listed equity ETF tracking the S&P MidCap 400 Value Index. With a expense ratio of 0.1%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 304 positions across 1 region with 1.3B in assets, with heavy concentration — 100% in United States.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.6 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.9 Tracking Difference: 9.3 · TD Consistency: — · Expense Ratio: 8.1
Diversification (45%) 6.3 Holding Count: 5.5 · Country Concentration: 4.8 · Sector Concentration: 10.0
Liquidity (25%) 8.4 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker IVOV
ISIN
Fund Size $1.3B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Sep 2010
Base Currency USD
Index S&P MidCap 400 Value Index
Asset Class Equities
Category US Equity

Costs

8.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.10%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.02%
3 Months +0.10%
6 Months +0.11%
1 Year +0.17%
3 Years +0.36%
5 Years -0.31%
10 Years +0.15%
YTD +0.07%
Since Inception +0.15%

Holdings

5.5
This fund holds 304 individual investments, offering moderate diversification compared to other ETFs.
#1
Alcoa Corp
1.19%
#2
Reliance Inc
1.18%
#3
TD SYNNEX Corp
1.16%
#4
US Foods Holding Corp
1.07%
#5
WESCO International Inc
1.04%
#6
Annaly Capital Management Inc
0.93%
#7
Ovintiv Inc
0.92%
#8
Performance Food Group Co
0.92%
#9
BorgWarner Inc
0.88%
#10
Pinnacle Financial Partners Inc
0.87%
View all holdings (50)
# Holding Ticker Weight
1 Alcoa Corp AA 119.00%
2 Reliance Inc RS 118.00%
3 TD SYNNEX Corp SNX 116.00%
4 US Foods Holding Corp USFD 107.00%
5 WESCO International Inc WCC 104.00%
6 Annaly Capital Management Inc NLY 93.00%
7 Ovintiv Inc OVV 92.00%
8 Performance Food Group Co PFGC 92.00%
9 BorgWarner Inc BWA 88.00%
10 Pinnacle Financial Partners Inc PNFP 87.00%
11 Prc Newco Inc PR 85.00%
12 Aramark ARMK 83.00%
13 Regal Rexnord Corp RRX 80.00%
14 Jones Lang LaSalle Inc JLL 79.00%
15 Reinsurance Group of America Inc RGA 78.00%
16 Toll Brothers Inc TOL 78.00%
17 Watsco Inc WSO 76.00%
18 Entegris Inc ENTG 75.00%
19 Unum Group UNM 75.00%
20 Saia Inc SAIA 75.00%
21 Knight-Swift Transportation Holdings Inc KNX 73.00%
22 Fidelity National Financial Inc FNF 72.00%
23 Ally Financial Inc ALLY 71.00%
24 Webster Financial Corp WBS 70.00%
25 First Horizon Corp FHN 70.00%
26 Illumina Inc ILMN 68.00%
27 BJ's Wholesale Club Holdings Inc BJ 66.00%
28 Arrow Electronics Inc ARW 65.00%
29 HF Sinclair Corp DINO 65.00%
30 Crown Holdings Inc CCK 63.00%
31 Essential Utilities Inc WTRG 62.00%
32 American Homes 4 Rent AMH 62.00%
33 Antero Resources Corp AR 62.00%
34 Owens Corning OC 61.00%
35 Wintrust Financial Corp WTFC 60.00%
36 Ryder System Inc R 59.00%
37 OGE Energy Corp OGE 58.00%
38 Booz Allen Hamilton Holding Corp BAH 57.00%
39 American Airlines Group Inc AAL 57.00%
40 UMB Financial Corp UMBF 56.00%
41 Darling Ingredients Inc DAR 56.00%
42 SOUTHSTATE BANK CORP SSB 56.00%
43 Range Resources Corp RRC 55.00%
44 Zions Bancorp NA ZION 55.00%
45 CNH Industrial NV CNH 54.00%
46 Dick's Sporting Goods Inc DKS 54.00%
47 Toro Co/The TTC 52.00%
48 Jefferies Financial Group Inc JEF 52.00%
49 Columbia Banking System Inc COLB 52.00%
50 GameStop Corp GME 52.00%

Sectors

10.0
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Financials 2263.00%
Industrials 1924.00%
Consumer Discretionary 1306.00%
Materials 840.00%
Technology 825.00%
Real Estate 824.00%
Energy 661.00%
Consumer Staples 524.00%
Utilities 414.00%
Health Care 339.00%
Unknown 57.00%
Communication Services 36.00%

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
United States 9969.00%
UNKNOWN 31.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
65.8%
Volatility
-15.5%
Max Drawdown
6.69
Sharpe Ratio
10.81
Sortino Ratio
28.31
Calmar Ratio
0.78
Beta
-5.81%
Alpha (Jensen's)
0.547
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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