(VOE) Vanguard Mid-Cap Value - Ratings and Ratios

The Vanguard Mid-Cap Value Index Fund ETF Shares (VOE) is designed to provide exposure to mid-sized U.S. companies with value characteristics. The fund tracks the CRSP US Mid Cap Value Index, which includes stocks of companies with market capitalizations typically between $2 billion and $10 billion. These companies are identified based on value metrics such as book-to-market ratio, dividend yield, and sales-to-price ratio. The fund employs a passive, index-based investment approach, aiming to replicate the performance of the target index by holding a diversified portfolio of stocks in proportions similar to their weights in the index. This approach minimizes tracking error and ensures broad diversification across various sectors, reducing exposure to individual stock risks.

VOE is managed by Vanguard, a well-known issuer with a history of low-cost index funds. The funds replication strategy involves holding all or substantially all the stocks in the CRSP US Mid Cap Value Index, ensuring that investors gain exposure to a broad range of value-oriented mid-cap companies. The funds expense ratio is competitively low, making it an attractive option for long-term investors seeking value exposure in the mid-cap segment. Additionally, the funds structure as an ETF provides the flexibility of trading on an exchange, allowing investors to buy and sell shares throughout the trading day.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: The funds short-term moving averages (SMA 20 and SMA 50) are currently below its last price of $152.25, indicating potential near-term resistance. The SMA 200 at $161.20 suggests a longer-term downtrend may be forming. The ATR of 3.94 indicates moderate volatility, with price fluctuations expected to remain within a $5-6 range over the next three months. - Fundamental Outlook: With an AUM of $16.43 billion, the fund is well-supported by strong investor demand, which typically enhances liquidity and stability. However, the mid-cap value segment may face headwinds if market sentiment shifts away from value stocks. Overall, the fund is expected to trade sideways to slightly lower over the next three months, with a price range of $146-$158.