Vanguard Large-Cap ETF (VV) is an exchange-traded fund designed to track the performance of a broad index composed of large-cap U.S. equities. The ETF is managed by Vanguard Group Inc. and trades under the ticker VV on NYSE Arca.
Classified as a U.S.-focused equity ETF providing broad exposure to large-cap companies, VV seeks to reflect, before fees and expenses, the aggregated performance of the securities included in its benchmark index.
The fund follows a passive management strategy, replicating the CRSP US Large Cap Index, which consists of large-cap U.S. companies weighted by free-float-adjusted market capitalization.
Diversification and sector exposure
VV provides broad exposure to U.S. large-cap equities across sectors such as:
• Information technology
• Health care
• Consumer discretionary
• Consumer staples
• Financials
• Industrials
• Energy
This composition seeks to broadly represent key segments of the U.S. economy through companies with high market capitalization and liquidity.
Structure and costs
VV shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. VV trades exclusively under the ticker VV.
History and evolution of the ETF
The Vanguard Large-Cap ETF was launched in 2004, during a period of expansion in index-based ETFs focused on the U.S. large-cap equity market.
Since inception, the fund has been widely used by institutional and individual investors seeking diversified exposure to leading U.S. companies.
In recent years, VV has reflected movements in the U.S. equity market amid the pandemic, Federal Reserve policy cycles, performance concentration in technology companies, and rotations between growth and value equities.
Additional Information
Vanguard Large Cap ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $52.69 Billions.
Over the past 12 months, Vanguard Large Cap ETF recorded a return of 29.59%, with its price trading between $271.78 and $348.23 during the same period.
The ETF is traded under the ticker VV.