Vanguard Information Technology Index Fund Admiral Shares (VITAX)
Vanguard Information Technology 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 $498.09, up 1.21% on the session, giving a market capitalisation of $143.47B. Its beta of 1.35 implies it has historically moved more than the broad market.
This affordably priced index fund offers targeted access to the American technology sector. It primarily focuses on companies supporting the electronics and computer industries, or those developing products rooted in advanced scientific applications. The principal risk of this fund lies in its concentrated nature, as it invests exclusively in information technology stocks. Investors should, therefore, anticipate significant price volatility. It is best considered as a small, supplementary component within an already well-diversified overall investment portfolio.
Vanguard Information Technology Index Fund Admiral Shares is most often compared with the following Financial Services names: