Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX)
Vanguard Consumer Discretionary Index Fund Admiral Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $205.36, down 1.06% on the session, giving a market capitalisation of $6.92B. Its beta of 1.24 implies it has historically moved more than the broad market.
This affordable index fund grants investors access to the American stock market's consumer discretionary industry. This particular sector comprises companies that manufacture goods and offer services deemed non-essential by consumers, such as retail businesses, restaurants, and e-commerce or direct marketing firms. The primary drawback of this fund is its specialized concentration, as it invests exclusively in consumer discretionary equities, which are notably prone to economic fluctuations. Consequently, investors should anticipate significant price swings. It is therefore recommended to integrate this fund only as a small part of an already extensively diversified investment portfolio.
Vanguard Consumer Discretionary Index Fund Admiral Shares is most often compared with the following Financial Services names: