Summary
Vanguard Morningstar Small-Cap Index Fund Investor Shares is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 1,310. The ten largest make up 5.9% of the fund.
- Positions
- 1,310
- Dividend yield
- 1.09%
What speaks for it
- Widely spread: the ten largest positions make up only 5.9% of the fund.
- Average yearly growth over the last ten years: 9.6%.
What to watch
Nothing here calls for caution.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.3%
- 3 months
- -1.6%
- This year
- +13%
- 1 year
- +14%
- 3 years
- +62%
- 5 years
- +24%
- 10 years
- +150%
- Avg. market cap
- $28.6B
- P/E
- 27.8x
- Forward P/E
- 21.8x
- P/S
- 2.3x
- P/B
- 4.8x
- P/FCF
- 26.7x
- EV/EBITDA
- 16.8x
- Dividend yield
- 0.57%
- ROIC
- 6.4%
- ROE
- 18.4%
- Gross margin
- 44.8%
- Operating margin
- -274.3%
- Net margin
- -47.6%
- Payout ratio
- 15.8%
- Net debt/EBITDA
- 1.1x
- Beta
- 1.07
Weighted average of the 50 largest companies, which make up 16% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 SLCMT1142 1.3%
- 2 NTNatera NTRA 0.7%
- 3 TWTwilio Inc. TWLO 0.6%
- 4 RVRevolution Medicines RVMD 0.5%
- 5 ILIllumina ILMN 0.5%
- 6 PEverpure P 0.5%
- 7 OKOkta OKTA 0.4%
- 8 MRModerna MRNA 0.4%
- 9 EMEMCOR EME 0.4%
- 10 CRCredo CRDO 0.4%
Positions in the fund: 1,310. The ten largest make up 5.9% of it.
Composition as of Oct 31, 2026.
Where is it spread?
By company size
- Large cap 57%
- Mid cap 43%
- Small cap 0.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest size group: Large cap (57%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +9.6%
- Deepest drop
- -29%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 9.6%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.09%
- Payments a year
- 4
- Last payment
- $0.36
Over the last 12 months it paid $1.54 per share, which is 1.09% of today's price. The last payment was $0.36 on Sep 28, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.8
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 16%
- Fairly valued 5.5%
- Overvalued 79%
On average the companies inside trade for 27.8 times their yearly profit. By Fair Price, 79% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 16% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VB VB Vanguard Small Cap Index Fund | United States | 0.03% | $173.1B | +14% | Pays out | 94% |
VX VXF Vanguard Extended Market ETF | United States | 0.05% | $89.3B | +8.8% | Pays out | 68% |
JH JHMM John Hancock Investments - Multifactor Mid Cap ETF | United States | 0.41% | $6.04B | +14% | Pays out | 57% |
BB BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | United States | 0.07% | $2.11B | +17% | Pays out | 54% |
SM SMLF iShares U.S. Small-Cap Equity Factor ETF | United States | 0.15% | $4.20B | +15% | Pays out | 48% |
CV CVMC Calvert US Mid-Cap Core Responsible Index ETF | United States | 0.15% | $113.3M | +19% | Pays out | 45% |
