Overview
Description
The Vanguard Mid-Cap ETF is an exchange-traded fund designed to track the performance of the CRSP US Mid Cap Index, which measures the investment return of mid-sized companies in the United States. This ETF's primary function is to provide investors with exposure to a diversified range of mid-cap stocks, which typically exhibit growth potential and stability. Mid-cap companies, generally defined by market capitalizations between $2 billion and $10 billion, represent a key segment of the market, often offering a balance between the high growth potential of small-cap companies and the strong financial stability of large-cap firms.
The Vanguard Mid-Cap ETF is notable for its broad sector coverage, including healthcare, industrials, consumer cyclical, and technology, making it a versatile vehicle for those seeking diversified investment within this market segment. By maintaining a low expense ratio and employing a passively managed strategy, the ETF aims to closely replicate the index performance while minimizing costs.
Vanguard's reputation for low-cost, broadly diversified index products enhances the ETF's significance in the financial market, making it a popular choice among investors looking to achieve mid-cap exposure efficiently.
About
Address
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Phone
800-523-1036
Website
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Instrument type
ETF
Country
Mexico
MIC code
XMEX