See what your fund actually adds
Vanguard Morningstar Mega Cap Value Index Fund Institutional Shares VMVLX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | VMVLX | Replication |
|---|---|---|
| Annualized growth | -15.2% | -14.6% |
| Annualized volatility | 6.9% | 7.4% |
| Sharpe ratio | -2.35 | -2.11 |
| Maximum drawdown | 3.3% | 3.6% |
| Replication fit (R²) | 0.95 · Tracking error 1.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model VMVLX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VTV | Style · Value | 100.0% |