VANGUARD S&P MID-CAP 400 INDEX FUND

VANGUARD ADMIRAL FUNDS · 2 share classes

U.S. equity index ETF
One fund, 2 share classes:IVOOVSPMX
$5.60B NAV
403 positions · as of 2026-05-31 · filed 2026-07-29

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD S&P MID-CAP 400 INDEX FUND is a U.S. equity index ETF that tracks the S&P MidCap 400 Index. 18% of IVOO’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard S&P Mid-Cap 400 ETF, an exchange-traded share class of Vanguard S&P Mid-Cap 400 Index Fund (the Fund), seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks in the United States.

Strategy · summarised

The fund tracks the S&P MidCap 400 Index through full replication, holding all or substantially all of the index constituents in the same proportions. Because the fund holds each stock in approximately the same weight as the index, its performance will closely track the index.

Expenses
0.03% 0.07%across 2 share classes
Share classExpense ratio
IVOO0.07%
VSPMX0.03%

Portfolio turnover 15.00% · as of 2026 Q2

Allocation

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

100.20%
of net assets
Stocks99.84%
Cash & short-term0.36%
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
Industrials25.8%
Information Technology15.9%
Financials14.1%
Consumer Discretionary10.6%
10 smaller33.6%

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
18%of stock holdings in top-quartile growers
covering 97% 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: 9 new11 exited

Largest new: SITM, SOLS, DOCN, MOG/A, CTRE, SN, VICR, IDCC

Largest exited: LITE, COHR, CASY, ECHO, FLO, KMPR, EFOR, GTM

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+29.40%+52.72%+43.60%11.69%-14.78%
+29.45%+52.85%+43.83%11.69%-14.77%

These classes hold the same portfolio, so the 0.24pp spread over 5 years is the cost difference between them — roughly 0.05pp 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
Flex LtdFLEX1.58%$88.46M
Twilio IncTWLO0.82%$46.12M
TechnipFMC PLCFTI0.79%$44.16M
Curtiss-Wright CorpCW0.79%$43.99M
nVent Electric PLCNVT0.77%$43.00M
Sterling Infrastructure IncSTRL0.75%$42.20M
XPO IncXPO0.71%$40.05M
Everpure IncP0.71%$39.80M
Illumina IncILMN0.71%$39.76M
United Therapeutics CorpUTHR0.68%$38.26M
Showing 10 of 403Sign 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 8.32% of net assets, top 25 17.58%, across 402 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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