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VOE · Vanguard Morningstar Mid-Cap Value ETF

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$208.70
0.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

VOE tracks an index of Mid-Cap Value and returned +22.8% over the past year.

What drove VOE’s returns?Is a 0.05% fee low for a fund like VOE?What does VOE cost to hold and to trade?
Equity fund · Tracks the Morningstar US Mid Cap Value IndexVanguard ↗Expense ratio 0.05%Fund assets $22.8bn on Sep 30, 2026First traded Aug 25, 2006Benchmark Its own holdings, as of Sep 30, 2026; no other fund tracks the Morningstar US Mid Cap Value Index, the index its prospectus namesFund page at the issuer ↗SEC filings ↗Every Vanguard fund ETFIQ coversDividend history

VOE returned +22.8% over the year to Oct 28, 2026, charges 0.05% a year and holds $22.8bn in net assets on Sep 30, 2026.

Promise check: Not measuredNo other ETF tracks the index it names, so its tracking cannot be measured.

Compare with…Trading costsPut to the committeeaskIQ about VOEAdd to portfolioOverlapFlowsAlerts

VOE risk and return scorecard

vs its own holdings

Not measured: its benchmark is its own holdings, which has no weekly price series.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

VOE +5.6%: total return over one month to Oct 28, 2026.
VOE+5.6%
VOE +1.9%: total return over three months to Oct 28, 2026.
VOE+1.9%
VOE +9.9%: total return over six months to Oct 28, 2026.
VOE+9.9%
VOE +19.5%: total return over the year to Oct 28, 2026.
VOE+19.5%
VOE +22.8%: total return over one year to Oct 28, 2026.
VOE+22.8%
VOE +79.5%: total return over three years to Oct 28, 2026.
VOE+79.5%
VOE +60.2%: total return over five years to Oct 28, 2026.
VOE+60.2%
VOE +187.4%: total return over ten years to Oct 28, 2026.
VOE+187.4%
VOE +531.0%: total return since launch to Oct 28, 2026.
VOE+531.0%
askIQ: what drove VOE’s returns? ↗

How concentrated, and what does it cost?

Morningstar US Mid Cap Value Index
+22.8%
Total return, 1 year
Report
0.05%
Expense ratio
Report
169
Holdings
Report
−0.6%
Below its high
Report
2.2%
12-month yield, capital gains included, on its starting price
Report
$1.0332
Last payment (paid quarterly), ex-date Sep 28, 2026
Report
Sector mix
Cost against like funds
askIQ: is a 0.05% fee low for a fund like VOE? ↗

More on VOE

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Price, 1 year

$208.700.0%1 day, priceClose, Oct 28, 2026

Price only. Total return over the same days, distributions reinvested, was +22.8%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

VOE returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026+5.6%+0.9%
3M Jul 29 – Oct 28, 2026+1.9%+6.1%
6M Apr 29 – Oct 28, 2026+9.9%+9.1%
YTD Dec 31, 2025 – Oct 28, 2026+19.5%+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+22.8%+13.6%
3Y Oct 27, 2023 – Oct 28, 2026+79.5%+95.0%
5Y Oct 29, 2021 – Oct 28, 2026+60.2%+79.8%
10Y Oct 28, 2016 – Oct 28, 2026+187.4%+325.8%
Since launch Aug 25, 2006 – Oct 28, 2026+531.0%+761.9%
Since launch, annualised Aug 25, 2006 – Oct 28, 2026+9.6%–

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Jun 30, 2026

VOE’s fund, all share classes together: in the month to Jun 30, 2026, net $20.1m came in, by its SEC filing.

Computed by ETFIQ from the monthly sales and redemptions VOE files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. The filing covers all share classes of the fund, not the ETF alone: Vanguard sells its ETF as one share class of a fund that also has mutual fund shares. Every day and month ETFIQ holds for VOE, back to Jul 2019, is in its flows file. Flows across every fund · How these flows are computed · Compare VOE with other funds in the flows tool

Month by month, money in and money outJul 2023 to Jun 2026

VOE, all share classes of its fund, money in and money out each month from Jul 2023 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from VOE’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 12 and went out in 24.

Every bar is from VOE’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 12 and went out in 24.

MonthInOutNet
Jun 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.2bn−$1.1bn+$20.1m
May 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$216m−$223m−$7.8m
Apr 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$339m−$298m+$40.8m
Mar 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$2.0bn−$1.9bn+$113m
Feb 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$385m−$272m+$114m
Jan 2026 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$247m−$287m−$40.5m
Dec 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.2bn−$659m+$590m
Nov 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$255m−$383m−$127m
Oct 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$217m−$463m−$245m
Sep 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.0bn−$898m+$113m
Aug 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$288m−$337m−$49.3m
Jul 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$247m−$230m+$16.5m
Jun 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.1bn−$1.1bn−$490k
May 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$464m−$636m−$171m
Apr 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$358m−$262m+$96.7m
Mar 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.4bn−$1.3bn+$11.7m
Feb 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$275m−$316m−$40.9m
Jan 2025 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$294m−$340m−$45.8m
Dec 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$380m−$344m+$36.4m
Nov 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$230m−$272m−$42.1m
Oct 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$302m−$215m+$86.8m
Sep 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$687m−$638m+$48.6m
Aug 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$195m−$195m−$479k
Jul 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$159m−$240m−$80.9m
Jun 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$827m−$916m−$89.0m
May 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$161m−$214m−$53.3m
Apr 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$197m−$221m−$24.8m
Mar 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.3bn−$1.5bn−$186m
Feb 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$179m−$962m−$782m
Jan 2024 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$196m−$454m−$258m
Dec 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.1bn−$1.3bn−$151m
Nov 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$144m−$315m−$171m
Oct 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$163m−$344m−$181m
Sep 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$1.2bn−$1.2bn−$69.3m
Aug 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$148m−$254m−$106m
Jul 2023 SEC Form N-PORT, all share classes of the fund, not the ETF alone+$122m−$415m−$293m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.

VOE key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$211.01 on Aug 14, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$168.89 on Nov 20, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$208.70, 95% of the way from the low to the high
Holdings169
Top ten weight14.0%
P/E ratio (Vanguard, Sep 30, 2026)16.9
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices. P/E as Vanguard states it, under its terms.

Trading

as of Oct 27, 2026
Trading · VOEas of Oct 27, 2026
·
Not scored2 of 6 measured · Oct 27, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$0.120.012%
$10,000$1.200.012%
Premium or discount to NAV, Oct 27 close−0.03%
−0.1%95% of days within ±0.05% · the 1% band is off this scale+0.1%
How to tradeLimit: midpoint + 3¢ to buy, midpoint − 3¢ to sell.At the Oct 27 close of $208.62, that’s $208.65 to buy and $208.59 to sell.
Full trading page: components, premium history, dealers →

VOE top ten by weight, 14.0% of the fund, of its 169 equity positions, from the holdings filed for Sep 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

Valero Energy Corp VLO 1.90%
Marathon Petroleum Corp MPC 1.89%
Phillips 66 PSX 1.73%
Hewlett Packard Enterprise Co HPE 1.37%
Warner Bros Discovery Inc WBD 1.25%
SLB Ltd SLB 1.23%
Target Corp TGT 1.21%
Cummins Inc CMI 1.21%
General Motors Co GM 1.15%
Digital Realty Trust Inc DLR 1.10%
Fund filings on SEC EDGAR ↗See all 169 holdings →Check overlap with another fund →

Source: Vanguard’s month-end holdings file. Data as of Sep 30, 2026. Updated monthly.

About VOE

What it tracksMorningstar US Mid Cap Value Index
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap value
Expense ratio (485BPOS XBRL, Apr 28, 2026)0.05%
Price$208.70
First tradedAug 25, 2006
Net assets (the issuer’s own number for this ETF, month end, as of Sep 30, 2026)$22.8bnReport
Benchmark (ETFIQ, from its filings)Its own holdings, as of Sep 30, 2026; no other fund tracks the Morningstar US Mid Cap Value Index, the index its prospectus names
VOE, Sep 30, 2026 to Oct 28, 2026+6.74%
Its book of Sep 30, 2026, the same days (ETFIQ, measured on 95% of the book by weight)+6.58%
Against its own holdings (ETFIQ)+0.16 pts
Below its high (ETFIQ)−0.6%
Holdings169
Top ten weight14.0%
Holdings as of (the issuer’s month-end file)Sep 30, 2026
Already in the S&P 500, by weight (ETFIQ)96.0%
Active share vs the S&P 500 (ETFIQ)90.1%
Already in the Nasdaq-100, by weight (ETFIQ)10.5%
IQ Investment Committee on VOE

12 seats on VOE, as of Oct 28, 2026: 2 Supports, 1 Mixed, 7 Challenges, 2 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyChallenges
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityChallenges
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceChallenges
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationChallenges
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put VOE to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about VOE

How has VOE performed?
Over the year to Oct 28, 2026, VOE returned +22.8% with distributions reinvested. Over three years the number is +79.5%.
What does VOE cost?
The prospectus expense ratio is 0.05% a year.
What does VOE hold?
169 positions as published by its issuer as of Sep 30, 2026, with the top ten at 14.0% of the fund. 96% of its weight is in stocks the S&P 500 also holds.
How far is VOE below its high?
0.6% below its high of Aug 14, 2026, measured on the reinvested series to Oct 28, 2026.
Sources and dates
Prices, VOE and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Fee, 0.05%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $22.8bnThe issuer’s own number for this ETF, month end · Sep 30, 2026
HoldingsHoldings, the issuer’s own month-end file · Sep 30, 2026 ↗
IssuerVanguard page for VOE ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

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ETFIQ, VOE, stock fund, data as of Oct 28, 2026. https://etfiq.com/funds/voe

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VOE: VOE over 1 year: total return +22.8%. Data to Oct 28, 2026.
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<a href="https://etfiq.com/funds/voe"><img src="https://etfiq.com/assistant/api/embed/core/voe.svg" alt="VOE: VOE over 1 year: total return +22.8%. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">VOE: VOE over 1 year: total return +22.8%. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/voe">ETFIQ</a></figcaption>
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Snapshot, Oct 28, 2026. More on the tabs above.