|
Vanguard S&P Mid-Cap 400 Value
|
||||||||||||||||||
- Description
- Performance
- Comps
Fundamentals- Valuation
- Rating
| Vanguard S&P Mid-Cap 400 Value ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the S&P Mid-Cap 400 Value Index. |
| Category | US Equities |
| Fund Sponsor | Vanguard Group Inc/The |
| Website | www.vanguard.com |
| Inception date | Sep 09, 2010 |
| Assets (mns) | $745 |
| Currency | USD |
| Expense ratio | 20 bp |
| Distributions | Annually |
| Regulation | Open-Ended Fund |
| Custodian | Bank of New York Mellon |
| Weighting | Market Cap |
| Index replication | Full |
| Uses derivatives | No |
| Options available | No |
| No. of constituents | 304 |
| Wgt avg mkt cap (mns) | $5,090 |
| Large cap (>$10bn) | 5.0% |
| Mid cap ($2-10bn) | 89.2% |
| Small cap (<$2bn) | 5.8% |
| Developed mkts | 100.0% |
| Emerging mkts | 0.0% |
| ALLEGHANY CORP | 1.3 % |
| REINSURANCE GROUP OF AMERICA | 1.2 % |
| WR BERKLEY CORP | 1.1 % |
| JONES LANG LASALLE INC | 0.9 % |
| AMERICAN FINANCIAL GROUP INC | 0.9 % |
| RENAISSANCERE HOLDINGS LTD | 0.9 % |
| RELIANCE STEEL & ALUMINUM | 0.9 % |
| KILROY REALTY CORP | 0.9 % |
| CAESARS ENTERTAINMENT CORP | 0.8 % |
| FIRST AMERICAN FINANCIAL | 0.8 % | Total | 9.7 % |
|---|
 |
UNITED STATES | 96.9 % |
 |
BRITAIN | 1.0 % |
 |
BERMUDA | 1.0 % |
 |
IRELAND | 0.2 % |
 |
SWITZERLAND | 0.2 % |
 |
NETHERLANDS | 0.1 % |
HISTORICAL PERFORMANCE 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 18.8% | 8.5% | 7.3% | -- | 11.4% |
| versus... | Beta | R-squared |
| S&P500 | 1.22 | 79% |
| MSCI EAFE | 0.98 | 43% |
| MSCI Emg. Mkts. | 0.60 | 27% |
| Recent close | $127.93 |
| 30d moving avg. | $124.33 |
| Annualized volatility | 16.6% |
| Short interest (ETF) | 0.0% |
| Short interest (Underlying) | 5.9% |
| Relative strength (RSI) | 70 |
| Avg. volume (thou.) | 13 |
| Turnover | 0.2% |
| Bid/Ask (% of price) | 0.07% |
| ADV underlying (mns) | $10,956 |
FINDING ALTERNATIVE FUNDS
Below is a list of 20 potential alternatives to the Vanguard S&P Mid-Cap 400 Value ETF based on the alternatives' overlap in portfolio holdings with IVOV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
| Benchmark ticker: | IVOV | Expense: | 20 bp | ALTAR Score™: | 7.6% |
| Ticker | Fund Name |
Overlap1 vs IVOV (%) |
Expense ratio (bp) |
Savings vs IVOV (bp) |
ALTAR Score™ (%) |
ALTAR vs IVOV (%) |
| IJJ | iShares S&P MidCap 400 Value | 98.0 | 25 | -5 | 7.5 | -0.1 |
| MDYV | SPDR S&P400 Mid Cap Value | 97.9 | 15 | 5 | 7.6 | -0.1 |
| IVOO | Vanguard S&P Mid-Cap 400 | 64.0 | 15 | 5 | 6.3 | -1.3 |
| EWMC | Invesco S&P Mid Cap 400 Equal Weight | 63.7 | 40 | -20 | 6.8 | -0.9 |
| IJH | iShares Core S&P MidCap | 63.5 | 7 | 13 | 6.4 | -1.2 |
| MDY | S&P MidCap 400 SPDR | 63.5 | 24 | -4 | 6.2 | -1.4 |
| RWK | Invesco S&P MidCap 400 Revenue ETF | 56.5 | 39 | -19 | 8.0 | +0.3 |
| SPMD | SPDR Portfolio Mid Cap | 47.6 | 5 | 15 | 6.3 | -1.3 |
| EZM | WisdomTree Midcap Earnings | 44.8 | 38 | -18 | 7.8 | +0.2 |
| VBR | Vanguard Small-Cap Value ETF | 37.9 | 7 | 13 | 7.8 | +0.2 |
| RFV | Invesco S&P Midcap 400 Pure Value | 37.3 | 35 | -15 | 9.9 | +2.2 |
| JHSC | John Hancock Multifactor Small Cap | 35.6 | 50 | -30 | 5.8 | -1.9 |
| RNMC | First Trust Mid Cap US Equity Select | 35.2 | 60 | -40 | 6.7 | -1.0 |
| FNX | First Trust Mid Cap Core Alpadex | 33.8 | 62 | -42 | 6.8 | -0.9 |
| SFYX | SoFi Next 500 | 33.4 | 0 | 20 | 5.8 | -1.9 |
| FNK | First Trust Mid Cap Value AlphaDEX | 32.7 | 70 | -50 | 9.0 | +1.4 |
| JKL | iShares Morningstar Small Cap Value | 31.8 | 30 | -10 | 9.0 | +1.4 |
| OMFL | Oppenheimer Russell 1000 Dynamic Multifactor | 31.7 | 29 | -9 | 9.6 | +1.9 |
| IVOG | Vanguard S&P Mid-Cap 400 Growth | 29.9 | 20 | 0 | 5.1 | -2.6 |
| VB | Vanguard Smallcap ETF | 29.8 | 5 | 15 | 5.7 | -2.0 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019E | 2020E | |
|---|---|---|---|---|---|---|---|
| Sales per share | ** | ** | ** | ** | ** | ** | ** |
| Earnings per share | ** | ** | ** | ** | ** | ** | ** |
| Dividends per share |
** | ** | ** | ** | ** | ** | ** |
| Book value per share | ** | ** | ** | ** | ** | ** | ** |
| Sales per share growth | **% | **% | **% | **% | **% | **% | |
| EPS growth | **% | **% | **% | **% | **% | **% |
| Sales per share growth | **% | **% | **% | **% | **% | **% | |
| EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
| Long term EPS growth est. | **% | Debt-to-equity | **x | |
| Asset turnover | **% | Assets-to-equity | **x |
| *Six months ago = 100 |
Content on this tab for subscribers only
VALUATION METRICS
| 2018 | 2019E | 2020E | |
|---|---|---|---|
| Price-to-sales | ** | ** | ** |
| Price-to-earnings | ** | ** | ** |
| Price-to-cash flow | ** | ** | ** |
| Price-to-growth | ** | ** | ** |
| Price-to-book value | ** | ** | ** |
| Yield | ** | ** | ** |
Historical valuation trends
| Forward multiple: |
Vanguard S&P Mid-Cap 400 Value | |||
| Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
| Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
|
ALTAR Score™
|
MODERN PORTFOLIO THEORY
|
||||||||||||||||||||
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|
||||||||||||||