Institutional 500 Index Trust 

This Vanguard Trust currently invests solely in a Vanguard mutual fund. Portfolio information displayed (Sector weightings, Top 10 holdings, Characteristics, Composition, and Fundamentals) represents the mutual fund's holdings.

OPTIONS as of

Options Expense ratio Minimum
Trust

Pricing flexibility is available. For information about fees, contact your Vanguard representative, or call 800-523-1036.

For information about minimums, contact your Vanguard representative, or call 800-523-1036.

About our options  


 

Fees

A fee charged by some mutual funds when an investor buys shares. This fee is not a sales charge or load because it is paid directly to the fund to offset the costs of trading certain securities.

 None

A fee charged by some mutual funds when an investor sells shares. A redemption fee differs from a back-end load because the money is paid back into the fund. Many funds charge redemption fees only when shares are bought and then sold within a specific period of time, generally in an effort to discourage market-timing and short-term trading. Some brokers also charge their clients redemption fees for the sale of securities.

 None

KEY FACTS

Product type: Domestic Large Blend
Inception on 06/24/2016
$56.5 billion net assets for
2040
 as of 12/31/2018
509 holdings as of 12/31/2018
Indexed to the S&P 500 Index (SPTR)
Turnover rate (Fiscal year-end  12/31/2018) 3.00%
CUSIP: 92206T105

STYLEBOX

Stock


Index portfolio with exposure to large-capitalization U.S. stocks diversified across investment styles.



Central tendency
Expected range

How to read our stylebox  

Investment approach



  • Seeks to track the performance of the S&P 500 Index.
  • U.S. large-cap equity diversified across growth and value styles.
  • Expected to achieve its investment objective by investing in Institutional Select shares of the Vanguard 500 Index Fund.
  • Trust remains fully invested.
  • Low expenses minimize net tracking error.

Total returns

as of 12/31/2018

View as:

as of 12/31/2018

15%
10
5
0
-5%
 
 
  1 year 3 year 5 year 10 year

06/24/2016

NAV 
– 4.40% 10.78%

S&P 500 Index

*
– 4.38%

Note: Fee adjusted for mutual funds where applicable.

* A widely used barometer of U.S. stock market performance; as a market-weighted index of leading companies in leading industries, it is dominated by large-capitalization companies.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.


Sector weightings as of 12/31/2018

  Sector  2040

S&P 500 Index

+/- Weight
Information Technology 20.1% 20.1% 0.0%
Health Care 15.6% 15.6% 0.0%
Financials 13.4% 13.3% 0.1%
Communication Services 10.1% 10.1% 0.0%
Consumer Discretionary 9.9% 10.0% – 0.1%
Industrials 9.2% 9.2% 0.0%
Consumer Staples 7.4% 7.4% 0.0%
Energy 5.3% 5.3% 0.0%
Utilities 3.3% 3.3% 0.0%
Real Estate 3.0% 3.0% 0.0%
Materials 2.7% 2.7% 0.0%
Other 0.0% 0.0% 0.0%
0%
25%
Total 100.0% 100.0%

Sector categories are based on the Global Industry Classification Standard, except for the "Other" category (if applicable), which includes securities that have not been provided a Global Industry Classification Standard as of the effective reporting period.

Top 10 Equity Holdings as of 12/31/2018

Rank Holding
1 Microsoft Corp.
2 Apple Inc.
3 Alphabet Inc.
4 Amazon.com Inc.
5 Berkshire Hathaway Inc.
6 Johnson & Johnson
7 JPMorgan Chase & Co.
8 Facebook Inc.
9 Exxon Mobil Corp.
10 Pfizer Inc.
Top 10 equals 22.1% of net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Fundamentals

Stock

as of 12/31/2018
2040

S&P 500 Index

Number of stock 509 505
Avg market cap $200.7 billion $200.8 billion
Median market cap $99.1 billion $99.1 billion
P/E ratio 16.3x 16.3x
P/B ratio 2.8x 2.8x
Turnover rate 3.0% Fiscal year end 12/2018 N/A

Risk and volatility as of 12/31/2018

  2040

S&P 500 Index

R-squared N/A
Beta N/A
Alpha N/A
Standard deviation 10.95%
Sharpe ratio 0.76

Risk and volatility are based on the share class with the earliest inception date.

Risk measures are calculated from trailing 36-month fund returns relative to the associated benchmarks.

Risk and volatility information is not available for a fund less than 3 years old.

An investment in the trust portfolio could lose money over short or even long periods. You should expect the trust portfolio’s share price and total return to fluctuate within a wide range, like the fluctuations of the overall stock market. The trust portfolio’s performance could be hurt by:

Stock market risk: The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods of falling stock prices. The fund’s target index may, at times, become focused in stocks of a particular sector, category, or group of companies. Because the fund seeks to track its target index, the fund may underperform the overall stock market.
Investment style risk: The chance that returns from large-capitalization stocks will trail returns from the overall stock market. Large-cap stocks tend to go through cycles of doing better—or worse—than other segments of the stock market or the stock market in general. These periods have, in the past, lasted for as long as several years.

    Vanguard Institutional 500 Index Trust is not a mutual fund. It is a collective trust available only to tax-qualified plans and their eligible participants. Investment objectives, risks, charges, expenses, and other important information should be considered carefully before investing. The collective trust is managed by Vanguard Fiduciary Trust Company, a wholly owned subsidiary of The Vanguard Group, Inc.