- ISIN
- US9229086296
- CUSIP
- 922908629
- Issuer
- Vanguard
- Inception Date
- Jan 26, 2004
- Region
- North America (U.S.)
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- CRSP US Mid Cap Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $214B
Share Price Chart
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Performance
VO Performance Chart
Vanguard Mid-Cap ETF (VO) is up 10.9% since the beginning of the year. VO is currently trading at $80 per share. Investors who bought $1,000 worth of VO shares 5 years ago would now be looking at an investment worth $1,472.
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Returns By Period
Vanguard Mid-Cap ETF (VO) has returned 10.92% so far this year and 19.49% over the past 12 months. Over the last ten years, VO has returned 11.58% per year, falling short of the S&P 500 Index benchmark, which averaged 13.65% annually.
Vanguard Mid-Cap ETF
- 1D
- 0.79%
- 1M
- 3.19%
- YTD
- 10.92%
- 6M
- 10.35%
- 1Y
- 19.49%
- 3Y*
- 17.10%
- 5Y*
- 8.04%
- 10Y*
- 11.58%
Benchmark (S&P 500 Index)
- 1D
- 0.41%
- 1M
- 4.48%
- YTD
- 10.79%
- 6M
- 10.60%
- 1Y
- 27.02%
- 3Y*
- 21.07%
- 5Y*
- 12.39%
- 10Y*
- 13.65%
VO Monthly Returns History
Based on dividend-adjusted daily data since Jan 30, 2004, VO's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +14.3%, while the worst month was Oct 2008 at -22.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VO closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.9%, 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 | 2.02% | 3.41% | -5.86% | 7.68% | 2.13% | 1.55% | 10.92% | ||||||
| 2025 | 4.35% | -1.85% | -3.97% | -0.98% | 5.49% | 3.98% | 2.20% | 1.38% | 1.67% | -0.96% | 0.43% | -0.27% | 11.62% |
| 2024 | -1.49% | 4.97% | 4.28% | -4.72% | 2.75% | -0.64% | 4.04% | 2.51% | 2.55% | -0.42% | 8.34% | -6.82% | 15.31% |
| 2023 | 7.95% | -2.70% | -1.10% | -0.77% | -2.63% | 8.45% | 3.52% | -3.61% | -4.87% | -4.72% | 10.00% | 7.14% | 16.03% |
| 2022 | -7.88% | -0.97% | 2.66% | -8.02% | -0.36% | -9.36% | 9.55% | -2.94% | -9.88% | 8.52% | 6.15% | -5.36% | -18.73% |
| 2021 | -0.47% | 5.34% | 2.40% | 4.83% | 0.81% | 1.77% | 1.31% | 3.02% | -4.19% | 6.59% | -2.50% | 3.92% | 24.70% |
Benchmark Metrics
Vanguard Mid-Cap ETF has an annualized alpha of 1.22%, beta of 1.04, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since February 02, 2004.
- This ETF captured 110.28% of S&P 500 Index gains and 103.73% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.04 and R2 of 0.91, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.22%
- Beta
- 1.04
- R²
- 0.91
- Upside Capture
- 110.28%
- Downside Capture
- 103.73%
Expense Ratio
VO has an expense ratio of 0.03%, which is considered low.
Return for Risk
Risk / Return Rank
VO ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Mid-Cap ETF (VO) and compare them to S&P 500 Index.
| VO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.41 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 2.98 | -0.59 |
| Martin ratioReturn relative to average drawdown | 9.13 | 13.78 | -4.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Vanguard Mid-Cap ETF provided a 1.35% dividend yield over the last twelve months, with an annual payout of $1.08 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.08 | $1.11 | $0.99 | $0.88 | $0.82 | $0.72 | $0.75 | $0.66 | $0.63 | $0.52 | $0.48 | $0.44 |
Dividend yield | 1.35% | 1.52% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Mid-Cap ETF. 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 | $0.27 | $0.00 | $0.00 | $0.00 | $0.27 | ||||||
| 2025 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.29 | $1.11 |
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.27 | $0.99 |
| 2023 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.30 | $0.88 |
| 2022 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.28 | $0.82 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.23 | $0.72 |
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 ETF. 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 ETF was 58.87%, occurring on Mar 9, 2009. Recovery took 485 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.87%Mar 2009 | 1y 7mo | 1y 11mo | 3y 6moJul 2007 - Feb 2011 |
COVID crash2020 | -39.37%Mar 2020 | 1mo 1d | 5mo 13d | 6mo 14dFeb 2020 - Sep 2020 |
Bear market2022 | -27.57%Oct 2022 | 11mo 1d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
2011 bear market2011 | -24.63%Oct 2011 | 2mo 27d | 5mo 12d | 8mo 9dJul 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -21.22%Dec 2018 | 3mo 26d | 3mo 12d | 7mo 8dAug 2018 - Apr 2019 |
Drawdown Indicators
| VO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.87% | -56.78% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -9.10% | +0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -19.02% | -18.90% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -25.43% | -2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -39.37% | -33.92% | -5.45% |
Current DrawdownCurrent decline from peak | 0.00% | -0.33% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -7.86% | -10.72% | +2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 1.97% | +0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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