Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX)
Vanguard Mid-Cap Index Fund Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $87.54, up 0.39% on the session, giving a market capitalisation of $221.39B. Its beta of 1.00 implies it has historically moved less than the broad market.
This economical index fund offers extensive exposure to mid-sized American companies. Its primary objective is to replicate a benchmark index composed of firms with moderate market capitalizations. Equities from these enterprises typically exhibit greater price fluctuations compared to those of larger corporations, and this inherent volatility represents a significant risk for the fund. Investors aiming to incorporate a passively managed, mid-capitalization stock allocation into an already diversified investment portfolio may find this fund to be a suitable option.
Vanguard Mid-Cap Index Fund Institutional Shares is most often compared with the following Financial Services names: