- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Aug 25, 2006
- Business
- Vanguard Mid-Cap Growth ETF (VOT) is an exchange-traded fund that employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Growth Index, which measures the investment return of mid-capitalization growth stocks in the United States. The fund invests all or substantially all of its assets in the stocks that make up the index, with holdings selected and weighted based on growth factors such as future long-term growth in earnings per share, future short-term growth in earnings per share, and three-year historical growth in earnings per share; it currently comprises approximately 124 holdings, including top positions in companies like Robinhood Markets, Inc. (HOOD), Constellation Energy Corporation (CEG), and DoorDash, Inc. (DASH). The ETF maintains a low expense ratio of 0.07%, pays quarterly dividends with a trailing twelve-month yield of approximately 0.63%, and as of late 2025 manages total assets under management of around $18.14 billion.
Launched on August 17, 2006, VOT is issued and managed by The Vanguard Group, Inc., which was founded in 1975 and is headquartered in Malvern, Pennsylvania. Vanguard, owned by the funds it manages and thus by its investors, operates globally with offices across North America, Europe, Asia, Australia, and other regions, providing a broad range of equity, fixed income, and multi-asset investment products to individual and institutional investors worldwide. The ETF targets investors seeking diversified exposure to U.S. mid-cap growth equities across sectors such as technology, industrials, and consumer discretionary, offering a complement to large-cap and small-cap strategies within domestic equity portfolios.
In recent developments, VOT has benefited from strong performance amid mid-cap growth outperformance relative to large-caps, driven by robust earnings growth expectations, favorable interest rate trends, and sector diversification, with a one-year total return of approximately 15.83% as of late 2025. While the fund itself has not undergone major structural changes like launches or closures, its parent company Vanguard has pursued strategic expansions including the November 2024 launches of new active municipal bond ETFs (VCRM and VSDM) and the expansion of its Investor Choice pilot program with additional funds and voting options in the same period. These broader Vanguard initiatives, alongside ongoing CRSP index methodology consistency and routine portfolio rebalancing with a 21% turnover ratio, support VOT's positioning in a dynamic mid-cap growth landscape.