Is VOE a good investment?

Vanguard Morningstar Mid-Cap Value ETF (VOE) is a US mid-cap ETF. As of September 11, 2026, ETF Copilot scores VOE 4.7 out of 10 — highest on Valuation (5.9), lowest on Quality (2.9). It trades at 17.6 times earnings, against its own median of 16.7. Its ten largest holdings are 13% of the fund.

Updated September 11, 2026

How is VOE rated? ETF Copilot scores Vanguard Morningstar Mid-Cap Value ETF (VOE) 4.7 out of 10

As of September 11, 2026, ETF Copilot scores Vanguard Morningstar Mid-Cap Value ETF (VOE) 4.7 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.7 / 10
Growth: 4.2 / 10
Valuation: 5.9 / 10
Risk: 5.0 / 10
Quality: 2.9 / 10
Return: 5.2 / 10

What is VOE's expense ratio? 0.05% a year

As of September 11, 2026, VOE charges 0.05% a year, yields 2.19% and holds $38.6B in assets across 172 positions.

Vanguard Morningstar Mid-Cap Value ETF (VOE) — cost, income and size
Measure	VOE
Expense ratio	0.05%
Dividend yield	2.19%
Assets under management	$38.6B
Holdings	172

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.

What stands out in VOE's data

U.S. mid-cap value stocks, selected by Morningstar's methodology.

Trades at a lower price than most mid-cap value peers — you pay less for each dollar of earnings.

Trailing P/E multiple of 17.6x sits in the cheapest 10% of its category, below the 20.2x median. Return on capital of 12.7% and a 0.05% expense ratio add to the case.

A value tilt for a portfolio already anchored in broad U.S. equities.

Why did VOE move this week? It fell 1.8% in the week to September 11, 2026 — Arthur J Gallagher and Baker Hughes drove it

VOE fell 1.8% in the week to September 11, 2026. The holdings that moved it most were Arthur J Gallagher (−9.9%), Baker Hughes (−7.2%) and Nasdaq (−7.6%); Hewlett Packa (+14.1%) pushed the other way.

Is VOE expensive right now? It trades at 17.6 times earnings, against its own median of 16.7

As of September 11, 2026, VOE is more expensive than 62% of its own 114 monthly readings since 2017 — 71 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside VOE?

What's inside VOE: Size (Large 77%, Mid 23%, Small 0%); Geography (International 6%, US 94%); Tech 7.4%; AI 0.4%; Semiconductors 0.5%; Memory 0.3%.

What are VOE's top holdings? The ten largest are 13% of the fund

Valero Energy, Marathon Petroleum, Cummins, Phillips 66, General Motors, Schlumberger, Simon Property, Paccar, Allstate and United Rentals are VOE's largest holdings, in that order.

More concentrated than 80% of US Mid Cap ETFs.

Half of VOE's weight sits in its 51 largest positions, and once those weights are taken into account it behaves like 132 equally weighted holdings.

Cite this

ETF Copilot, “Vanguard Morningstar Mid-Cap Value ETF (VOE) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/voe