Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.14: the stock has moved about 14% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerVanguard S&P Mid-Cap 400 Growth ETF (IVOG) trades at $140.06. Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) aims to replicate the performance of the S&P MidCap 400 Growth Index. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for IVOG: IVOG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) Financial Services Profile
Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) provides targeted exposure to U.S. mid-cap growth stocks, mirroring the S&P MidCap 400 Growth Index. With a focus on long-term capital appreciation, IVOG offers a gauge of overall U.S. mid-cap growth stock returns, suitable for investors with long-term goals and a higher risk tolerance.
What Is the Investment Thesis for IVOG?
IVOG presents an investment opportunity for those seeking exposure to the U.S. mid-cap growth segment. The ETF's primary value driver is its ability to closely track the S&P MidCap 400 Growth Index, providing a benchmark for investors seeking to align their portfolios with mid-cap growth performance. A key growth catalyst for IVOG is the continued expansion of the mid-cap growth market, driven by innovation, economic growth, and evolving consumer preferences. The ETF's low expense ratio enhances its appeal, as it minimizes the impact of fees on overall returns. Potential risks include market volatility, economic downturns, and shifts in investor sentiment toward growth stocks. The ETF's performance is also subject to the performance of the underlying companies within the S&P MidCap 400 Growth Index. With a beta of 1.14, IVOG exhibits slightly higher volatility than the overall market, indicating a potential for both increased gains and losses.
Based on FMP financials and quantitative analysis
IVOG Key Highlights
IVOG tracks the S&P MidCap 400 Growth Index, providing targeted exposure to U.S. mid-cap growth stocks.
- The ETF underwent a 2:1 share split on March 14, 2023, increasing the number of shares outstanding and decreasing the price per share.
- IVOG offers high potential for investment growth, with share value rising and falling more sharply than funds holding bonds.
- The ETF is designed for long-term investment goals where capital appreciation is essential.
- IVOG has a beta of 1.14, indicating slightly higher volatility than the overall market.
Who Are IVOG's Competitors?
IVOG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| EUSA iShares MSCI USA Equal Weighted ETF | $113.31 | +0.71% | $1.72B | — |
| FIDU FIDELITY MSCI INDUSTRIALS INDEX ETF | $90.37 | +0.10% | $2.24B | — |
| FXL First Trust Technology AlphaDEX Fund | $229.92 | +0.82% | $1.52B | — |
| IVOV Vanguard S&P Mid-Cap 400 Value ETF | $109.27 | +0.21% | $1.42B | — |
| KLMT Invesco MSCI Global Climate 500 ETF | $35.20 | +0.54% | $1.59B | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $165B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IVOG's Key Strengths?
Low expense ratio
- Tracks the S&P MidCap 400 Growth Index
- Exposure to U.S. mid-cap growth stocks
- Part of the Vanguard family of funds
What Are IVOG's Weaknesses?
No dividend payouts
- Share value fluctuates more sharply than funds holding bonds
- Performance is tied to the performance of the S&P MidCap 400 Growth Index
- Beta of 1.14 indicates higher volatility than the overall market
What Are the Key Risks for IVOG?
Market volatility can impact IVOG's performance, leading to potential losses for investors.
- Economic downturns can negatively affect the performance of mid-cap growth stocks.
- Shifts in investor sentiment toward growth stocks can lead to decreased demand for IVOG.
- Competition from other ETFs and investment vehicles can impact IVOG's market share.
- Changes in the composition of the S&P MidCap 400 Growth Index can affect IVOG's performance.
What Are IVOG's Competitive Advantages?
- Low-Cost Structure: Vanguard is known for its low-cost investment options, providing IVOG with a competitive advantage.
- Index Tracking: IVOG's focus on tracking the S&P MidCap 400 Growth Index provides a benchmark for investors.
- Brand Reputation: Vanguard's established brand reputation enhances investor confidence.
What Does IVOG Do?
The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is designed to track the performance of the S&P MidCap 400 Growth Index, offering investors a focused approach to U.S. mid-cap growth stocks. The fund provides exposure to companies within the S&P 400 that exhibit growth characteristics. IVOG operates under the umbrella of Vanguard, a well-established investment management firm known for its low-cost investment options and commitment to investor-focused principles. The ETF's investment strategy centers on closely replicating the index's return, making it a tool for investors seeking to align their portfolios with the performance of mid-cap growth companies. IVOG is designed for investors with long-term investment horizons and a higher risk tolerance, as the value of its shares can fluctuate more sharply than funds holding bonds. The ETF underwent a 2:1 share split on March 14, 2023, which decreased the price per share while proportionately increasing the number of shares outstanding. This split aimed to enhance the ETF's accessibility to a broader range of investors. IVOG's investment portfolio reflects the composition of the S&P MidCap 400 Growth Index, encompassing a range of sectors and industries within the mid-cap market segment. The fund's performance is directly tied to the performance of these underlying growth stocks, making it a tool for participating in the potential upside of the mid-cap growth market. IVOG does not offer dividend payouts, emphasizing its focus on capital appreciation rather than income generation. The ETF's expense ratio is designed to be competitive, aligning with Vanguard's commitment to providing cost-effective investment solutions. IVOG's structure as an ETF provides intraday liquidity, allowing investors to buy and sell shares throughout the trading day. This feature enhances the fund's flexibility and accessibility for investors seeking to manage their positions in response to market conditions.
What Products and Services Does IVOG Offer?
- Invests in stocks in the S&P MidCap 400 Growth Index.
- Focuses on tracking the index’s return.
- Offers exposure to U.S. mid-cap growth stocks.
- Provides potential for investment growth.
- Share value rises and falls more sharply than that of funds holding bonds.
- Appropriate for long-term goals where money’s growth is essential.
How Does IVOG Make Money?
- IVOG generates revenue through management fees charged to investors.
- The ETF's expense ratio is designed to be competitive.
- Revenue is directly tied to the ETF's assets under management (AUM).
What Industry Does IVOG Operate In?
The asset management industry is characterized by a diverse range of investment vehicles, including ETFs, mutual funds, and hedge funds. IVOG operates within the ETF segment, specifically targeting the mid-cap growth market. The industry is influenced by market trends, economic conditions, and investor preferences. The competitive landscape includes both large and small asset management firms, each offering a variety of investment strategies and products. IVOG's focus on tracking the S&P MidCap 400 Growth Index positions it as a tool for investors seeking to align their portfolios with the performance of mid-cap growth companies.
Who Are IVOG's Key Customers?
- Individual investors seeking exposure to U.S. mid-cap growth stocks.
- Institutional investors looking to diversify their portfolios.
- Financial advisors seeking cost-effective investment solutions for their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -1.2%.
IVOG Financials
Bull Case vs Bear Case
Bull Case
- Low expense ratio
- Tracks the S&P MidCap 400 Growth Index
- Exposure to U.S. mid-cap growth stocks
- Part of the Vanguard family of funds
Bear Case
- No dividend payouts
- Share value fluctuates more sharply than funds holding bonds
- Performance is tied to the performance of the S&P MidCap 400 Growth Index
- Beta of 1.14 indicates higher volatility than the overall market
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IVOG Latest News
No recent news available for IVOG.
IVOG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for IVOG.
Price Targets
Wall Street price target analysis for IVOG.
IVOG MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for IVOG; grades run from A+ (80-100) to F (below 30).
Vanguard S&P Mid-Cap 400 Growth ETF Financials Stock: Key Questions Answered
What does Vanguard S&P Mid-Cap 400 Growth ETF do?
The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) aims to replicate the performance of the S&P MidCap 400 Growth Index, providing investors with exposure to a diversified portfolio of U.S. mid-cap growth stocks. The ETF invests in companies within the S&P 400 that exhibit growth characteristics, offering a gauge of overall U.S. mid-cap growth stock returns.
How does Vanguard S&P Mid-Cap 400 Growth ETF make money in financial services?
Vanguard S&P Mid-Cap 400 Growth ETF generates revenue through management fees charged to investors. These fees are a percentage of the ETF's assets under management (AUM).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Historical share price data has not been adjusted for the split except where market data is being used, as indicated. Although certain data may reflect both pre-and post-split prices, returns are not impacted.