VANGUARD CONSUMER DISCRETIONARY INDEX FUND

VANGUARD WORLD FUND · 2 share classes

U.S. equity index ETF
One fund, 2 share classes:VCDAXVCR
$6.96B NAV
285 positions · as of 2026-05-31 · filed 2026-07-29

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD CONSUMER DISCRETIONARY INDEX FUND is a U.S. equity index ETF that tracks the MSCI US Investable Market Index (IMI)/Consumer Discretionary 25/50. 13% of VCR’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Consumer Discretionary Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of consumer discretionary stocks.

Strategy · summarised

The fund tracks the MSCI US Investable Market Index (IMI)/Consumer Discretionary 25/50 by holding all or substantially all of its constituent stocks in the same proportions as the index, which comprises large, mid-size, and small U.S. consumer discretionary companies. The fund is nondiversified, meaning it may hold a greater percentage of assets in particular issuers than a diversified fund would.

Expenses
0.09% 0.09%across 2 share classes
Share classExpense ratio
VCDAX0.09%
VCR0.09%

Portfolio turnover 6.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.05%
of net assets
Stocks99.87%
Cash & short-term0.17%
Derivatives0.00%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Consumer Discretionary99.8%
Cash0.2%
International0.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
13%of stock holdings in top-quartile growers
covering 99% of the fund’s equity
Earnings growth
36%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new8 exited

New: CCL, VGNT, COOK, ORBS

Exited: Carnival Corp, Tri Pointe Homes Inc, Mister Car Wash Inc, GDEN, Udemy Inc, European Wax Center Inc, Traeger Inc, QVCAQ

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+21.77%+60.96%+31.08%16.04%-16.44%
+21.77%+60.95%+31.07%16.04%-16.44%

These classes hold the same portfolio, so the 0.02pp spread over 5 years is the cost difference between them — roughly 0.00pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Amazon.com IncAMZN24.41%$1.70B
Tesla IncTSLA17.72%$1.23B
The Home Depot IncHD4.57%$318.17M
McDonald's CorpMCD2.90%$201.70M
The TJX Cos IncTJX2.52%$175.02M
Booking Holdings IncBKNG1.98%$138.00M
Lowe's Cos IncLOW1.77%$122.97M
Starbucks CorpSBUX1.67%$116.05M
Marriott International IncMAR1.28%$89.12M
General Motors CoGM1.17%$81.16M
Showing 10 of 285Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 59.99% of net assets, top 25 73.35%, across 283 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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