(VV) Vanguard Large-Cap Shares - Ratings and Ratios

The Vanguard Large-Cap Index Fund ETF Shares (NYSE ARCA: VV) is a low-cost, passively managed exchange-traded fund designed to mirror the performance of the CRSP US Large Cap Index. This index represents the largest U.S. companies, covering approximately the top 85% of the domestic market by capitalization. By tracking this benchmark, the fund provides exposure to a broad swath of blue-chip companies and industry leaders that dominate the U.S. economy.

The fund employs a full-replication strategy, meaning it holds all or substantially all of the securities in the CRSP US Large Cap Index in proportion to their weightings. This approach minimizes tracking error and ensures that investors gain diversified exposure to large-cap U.S. equities. The ETF is classified as non-diversified, which allows it to take larger positions in its top holdings, though this is a regulatory classification and does not imply a lack of diversification in practice.

With an expense ratio of 0.04%, the fund is among the most cost-effective ways to access the U.S. large-cap market. Its low turnover rate further enhances efficiency, reducing transaction costs and tax liabilities. The fund’s structure as an ETF provides the flexibility of trading throughout the day, making it appealing to both institutional and individual investors.

As a large-blend ETF, VV focuses on companies with market capitalizations typically exceeding $10 billion, though the specific threshold may vary over time. The fund’s portfolio includes household names across all sectors, from technology and healthcare to financials and consumer goods. This broad exposure makes it a popular choice for investors seeking a stable core holding or as part of a diversified portfolio.

Domiciled in the United States, the fund is managed by Vanguard, one of the world’s largest and most respected asset managers. With over $41 billion in assets under management, VV is a testament to Vanguard’s expertise in delivering low-cost, index-based investment solutions. For more information, investors can visit Vanguard’s website at http://www.vanguard.com.