The investment aims to mimic the performance of the Russell 1000 ® Index, which gauges the return on investment for US large-cap stocks. The fund advisor uses an indexing investment strategy that follows the Russell 1000® Index’s performance. The index’s purpose is to assess how well American large-cap stocks are performing. By allocating all or nearly all of its assets to the index’s constituent stocks and holding each one in roughly equal proportion to its weighting within the index, the advisor seeks to replicate the target index.
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Yes, Vanguard offers a Russell 1000 Index Fund known as Vanguard Russell 1000 Index Fund Admiral Shares (VRNDX). This fund seeks to track the investment performance of the Russell 1000 Index, an unmanaged benchmark representing U.S. large-capitalization stocks.
Understanding the Russell 1000 Index
The Russell 1000 Index is a market-capitalization-weighted index that tracks the performance of the 1,000 largest publicly traded companies in the United States. It represents approximately 92% of the total market capitalization of the U.S. equity market.
Investment Strategy of Vanguard Russell 1000 Index Fund
Vanguard Russell 1000 Index Fund employs a full replication strategy, meaning it holds all stocks in the Russell 1000 Index in the same proportion as their weighting in the index. This passive management approach aims to closely track the index’s performance, minimizing tracking error.
Key Features of Vanguard Russell 1000 Index Fund
- Investment Objective: Track the performance of the Russell 1000 Index.
- Investment Style: Large-cap blend.
- Ticker Symbol: VRNDX.
- Expense Ratio: 0.04%.
- Minimum Investment: $3,000.
- Distribution Frequency: Quarterly.
- Share Class: Admiral Shares.
Benefits of Investing in Vanguard Russell 1000 Index Fund
- Low-cost investment: With an expense ratio of 0.04%, this fund offers a cost-effective way to gain exposure to the U.S. large-cap market.
- Diversification: By investing in a broad basket of large-cap stocks, the fund provides instant diversification, reducing portfolio risk.
- Passive management: The fund’s passive management approach minimizes trading costs and avoids the potential for active management errors.
- Tax efficiency: Index funds tend to be more tax-efficient than actively managed funds, as they generate fewer taxable events.
- Liquidity: As an Admiral Share class, VRNDX offers high liquidity, allowing investors to easily buy and sell shares.
Who Should Consider Vanguard Russell 1000 Index Fund?
Vanguard Russell 1000 Index Fund is suitable for investors seeking:
- Broad exposure to the U.S. large-cap market.
- A low-cost and tax-efficient investment option.
- Passive management and diversification benefits.
- A long-term investment horizon.
Alternatives to Vanguard Russell 1000 Index Fund
Investors seeking exposure to the Russell 1000 Index may also consider these alternatives:
- Vanguard Russell 1000 Index Fund Investor Shares (VONE): This Investor Share class has a higher expense ratio of 0.10% and a lower minimum investment of $3,000.
- iShares Russell 1000 Index ETF (IWB): This exchange-traded fund (ETF) tracks the Russell 1000 Index and has an expense ratio of 0.19%.
- Schwab Total Stock Market Index (SWTSX): This mutual fund tracks the performance of the entire U.S. stock market, including large-, mid-, and small-cap stocks.
Vanguard Russell 1000 Index Fund offers a cost-effective and efficient way to gain exposure to the U.S. large-cap market. Its low expense ratio, passive management, and diversification benefits make it an attractive option for investors seeking long-term growth potential.
Highest Returns in Large Blend 1 YEAR
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VRNIX is not currently ranked.
|
1-Month |
3-Month |
6-Month |
1-Year |
|
|---|---|---|---|---|
| VRNIX | -2.42 | -8.63 | 1.34 | 9.43 |
| S&P 500 TR USD | -2.1 | -8.25 | 1.39 | 10.14 |
| Category (LB) | -2.29 | -8.36 | 0.17 | 7.62 |
| +/- S&P 500 TR USD | -0.32 | -0.38 | -0.05 | -0.71 |
| +/- Category (LB) | -0.13 | -0.27 | 1.17 | 1.81 |
| Rank in Category | 59 | 63 | 34 | 38 |
The fund has returned 9. 43 percent over the past year, 9. 47 percent over the past three years, 10. 65 percent over the past five years, and 10. 79 percent over the past decade.
Fees are Low compared to funds in the same category. Expense ratio for the Vanguard Russell 1000 Index Fund is zero. 07 percent.
Category Average: 0.85%*
Category Average: 0.5%*
According to Morningstar, the risk is above average when compared to funds in the same category.
The uncertainty or risk of a change in a security’s value is reflected in volatility measures.
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FAQ
Which Vanguard fund tracks Russell 1000?
What is the best Russell 1000 Index fund?
How to buy Russell 1000?
Is Russell 1000 better than S&P 500?
What is Vanguard Russell 1000 Index Fund?
Vanguard Russell 1000 Index Fund seeks to track the investment performance of the Russell 1000 Index, an unmanaged benchmark representing U.S. large-capitalization stocks. Using full replication, the portfolio holds all stocks in the same capitalization weighting as the index.
What is a Russell 1000 ® Index investment?
The investment seeks to track the performance of the Russell 1000 ® Index that measures the investment return of large-capitalization stocks in the United States. The fund advisor employs an indexing investment approach designed to track the performance of the Russell 1000® Index.
What is Vanguard Russell 1000 ETF (Vone)?
These ETFs offer exposure to shares of high-growth AI industry companies in a liquid and diversified manner. Learn everything you need to know about Vanguard Russell 1000 ETF (VONE) and how it ranks compared to other funds. Research performance, expense ratio, holdings, and volatility to see if it’s the right fund for you.
Are Vanguard ETFs a good investment?
Another way investors can get a piece of index fund action is by buying Vanguard exchange-traded funds, which carry no minimum investment and can be bought and sold throughout the day like stocks. They’re also frequently more tax-efficient than index mutual funds. » Learn more: What is an ETF?