Vanguard Morningstar Mid-Cap ETF (VO) is a US mid-cap ETF. As of October 28, 2026, ETF Copilot scores VO 5.1 out of 10 — highest on Risk (6.2), lowest on Quality (3.3). It trades at 21.6 times earnings, against its own median of 21.6. Its ten largest holdings are 10% of the fund.
What stands out in VO's data
U.S. mid-cap stocks, selected through a Morningstar methodology.
Carries a richer price tag than most mid-cap peers — more of each dollar goes toward earnings expectations.
Trailing P/E multiple of 21.6x sits above the 20.7x category median. It holds 274 stocks and charges 0.03% a year.
A mid-cap allocation that leans toward the growth end of the blend spectrum.
How is VO rated? ETF Copilot scores Vanguard Morningstar Mid-Cap ETF (VO) 5.1 out of 10
As of October 28, 2026, ETF Copilot scores Vanguard Morningstar Mid-Cap ETF (VO) 5.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.1 / 10
- Growth: 5.4 / 10
- Value: 5.7 / 10
- Risk: 6.2 / 10
- Quality: 3.3 / 10
- Return: 4.9 / 10
Is VO expensive right now? It trades at 21.6 times earnings, against its own median of 21.6
As of October 28, 2026, VO is more expensive than 50% of its own last 9 years.
Trailing 12 months, built from VO's holdings. How we calculate this →
What's inside VO? 18% Tech
What's inside VO: Size (Large 84%, Mid 16%, Small 0%); Geography (International 5%, US 95%); Tech 17.8%; AI 3.0%; Semiconductors 2.7%; Memory 0.9%.
What are VO's top holdings? The ten largest are 10% of the fund
Cloudflare, Valero Energy, Marathon Petroleum, Phillips 66, Quanta Services, Vertiv, Datadog, Howmet Aerospace, Robinhood Markets and Lumentum are VO's largest holdings, in that order.
Less concentrated than 58% of US Mid Cap ETFs.
Half of VO's weight sits in its 81 largest positions, and once those weights are taken into account it behaves like 207 equally weighted holdings.
What is VO's expense ratio? 0.03% a year
As of October 28, 2026, VO charges 0.03% a year, yields 1.36% and holds $216.8B in assets across 274 positions.
| Measure | VO |
|---|---|
| Expense ratio | 0.03% |
| Dividend yield | 1.36% |
| Assets under management | $216.8B |
| Holdings | 274 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Vanguard Morningstar Mid-Cap ETF (VO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/vo
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