(VIOO) Vanguard S&P Small-Cap 600 - Ratings and Ratios

The Vanguard S&P Small-Cap 600 Index Fund ETF Shares (VIOO) is an exchange-traded fund that employs an indexing investment approach to track the S&P SmallCap 600 Index. By replicating the target index, the fund invests in the constituent stocks, maintaining a similar weighting to the index. This passive management strategy allows the fund to provide broad exposure to the small-cap segment of the US market.

As a Small Blend ETF, VIOO offers a diversified portfolio of small-cap stocks, which can be an attractive addition to a investors portfolio seeking to tap into the growth potential of smaller companies. With an Assets Under Management (AUM) of approximately $2.9 billion, the fund demonstrates a reasonable level of liquidity and scale. Key Performance Indicators (KPIs) to monitor for this fund include tracking error, expense ratio, and dividend yield. A low tracking error indicates the funds ability to closely follow the underlying index, while a low expense ratio highlights the cost-effectiveness of the investment. The dividend yield can provide insight into the income generated by the fund.

To further evaluate VIOOs performance, one can analyze its relative performance against its benchmark, the S&P SmallCap 600 Index, as well as its peers within the Small Blend ETF category. Other relevant metrics include the funds sector allocation, market capitalization distribution, and turnover rate. These metrics can help investors understand the funds underlying drivers and potential risks. For instance, a high turnover rate may indicate increased trading activity, potentially resulting in higher costs and tax implications.