- ISIN
- US9229085207
- CUSIP
- 922908520
- Issuer
- Vanguard
- Inception Date
- Aug 17, 2006
- Category
- Mid Cap Value Equities
- Min. Investment
- $3,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
VMVIX Performance Chart
Vanguard Mid-Cap Value Index Fund (VMVIX) is up 11.0% since the beginning of the year. VMVIX is currently trading at $77 per share. Investors who bought $1,000 worth of VMVIX shares 5 years ago would now be looking at an investment worth $1,571.
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Returns By Period
Vanguard Mid-Cap Value Index Fund (VMVIX) has returned 11.02% so far this year and 23.19% over the past 12 months. Over the last ten years, VMVIX has returned 10.38% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard Mid-Cap Value Index Fund
- 1D
- 0.05%
- 1M
- 0.73%
- YTD
- 11.02%
- 6M
- 9.98%
- 1Y
- 23.19%
- 3Y*
- 14.72%
- 5Y*
- 9.45%
- 10Y*
- 10.38%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VMVIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 24, 2006, VMVIX's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +16.2%, while the worst month was Oct 2008 at -22.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VMVIX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +11.4%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.24% | 5.11% | -4.64% | 5.62% | -0.14% | 0.74% | 11.02% | ||||||
| 2025 | 2.59% | -0.00% | -3.24% | -2.94% | 3.57% | 2.41% | 1.70% | 3.31% | 1.51% | -1.29% | 2.93% | 0.45% | 11.22% |
| 2024 | -1.89% | 4.11% | 5.43% | -4.46% | 3.17% | -1.57% | 6.01% | 3.01% | 2.53% | -1.06% | 6.12% | -7.61% | 13.48% |
| 2023 | 7.08% | -3.52% | -3.59% | 0.66% | -5.23% | 8.80% | 3.72% | -3.87% | -4.60% | -3.68% | 8.68% | 6.88% | 10.00% |
| 2022 | -2.60% | -0.71% | 3.42% | -4.91% | 2.14% | -10.51% | 7.63% | -2.61% | -9.93% | 10.17% | 6.54% | -4.49% | -8.00% |
| 2021 | -0.19% | 7.40% | 6.03% | 4.60% | 2.20% | -1.96% | 0.45% | 3.15% | -3.68% | 4.26% | -2.25% | 6.15% | 28.60% |
Benchmark Metrics
Vanguard Mid-Cap Value Index Fund has an annualized alpha of 0.00%, beta of 1.02, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since August 24, 2006.
- With beta of 1.02 and R2 of 0.88, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.00%
- Beta
- 1.02
- R²
- 0.88
- Upside Capture
- 102.99%
- Downside Capture
- 103.62%
Expense Ratio
VMVIX has an expense ratio of 0.19%, which is considered low.
Return for Risk
Risk / Return Rank
VMVIX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Mid-Cap Value Index Fund (VMVIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VMVIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 2.78 | +0.61 |
| Martin ratioReturn relative to average drawdown | 12.92 | 12.44 | +0.48 |
Dividends
Dividend History
Vanguard Mid-Cap Value Index Fund provided a 1.76% dividend yield over the last twelve months, with an annual payout of $1.36 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.36 | $0.99 | $1.27 | $1.23 | $1.14 | $0.99 | $1.06 | $0.91 | $0.98 | $0.77 | $0.69 | $0.65 |
Dividend yield | 1.76% | 1.42% | 1.99% | 2.15% | 2.15% | 1.67% | 2.26% | 1.95% | 2.60% | 1.75% | 1.81% | 1.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Mid-Cap Value Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.37 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.35 | $0.99 |
| 2024 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.37 | $1.27 |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.42 | $1.23 |
| 2022 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.42 | $1.14 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.32 | $0.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Mid-Cap Value Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Mid-Cap Value Index Fund was 61.61%, occurring on Mar 9, 2009. Recovery took 540 trading sessions.
The current Vanguard Mid-Cap Value Index Fund drawdown is 1.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.61%Mar 2009 | 1y 9mo | 2y 1mo | 3y 10moJun 2007 - Apr 2011 |
COVID crash2020 | -43.08%Mar 2020 | 1mo 9d | 8mo 16d | 9mo 25dFeb 2020 - Dec 2020 |
2011 bear market2011 | -24.12%Oct 2011 | 5mo 4d | 5mo 12d | 10mo 16dMay 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -21.61%Dec 2018 | 10mo 29d | 8mo 22d | 1y 7moJan 2018 - Sep 2019 |
Bear market2022 | -19.81%Sep 2022 | 5mo 12d | 1y 4mo | 1y 10moApr 2022 - Feb 2024 |
Drawdown Indicators
| VMVIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -56.78% | -4.83% |
Max Drawdown (1Y)Largest decline over 1 year | -6.96% | -9.10% | +2.14% |
Max Drawdown (3Y)Largest decline over 3 years | -18.94% | -18.90% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -19.81% | -25.43% | +5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -43.08% | -33.92% | -9.16% |
Current DrawdownCurrent decline from peak | -1.67% | -1.80% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -8.44% | -10.71% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.03% | -0.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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