About Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares (IVOV)

Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares (IVOV) is an exchange-traded fund that aims to track the performance of the S&P MidCap 400 Value Index. The fund is managed by Vanguard, one of the largest investment management companies in the world. IVOV provides investors with a low-cost way to gain exposure to mid-cap value stocks in the US market.

The S&P MidCap 400 Value Index is designed to measure the performance of mid-cap companies that are considered value stocks. These companies typically have lower price-to-earnings ratios and higher dividend yields compared to growth stocks. By investing in IVOV, investors can potentially benefit from the long-term growth prospects and attractive valuations of mid-cap value stocks.