VSIAX Stock Price: A Guide to Vanguard Small-Cap Value

The VSIAX stock price represents the Net Asset Value (NAV) of the Vanguard Small-Cap Value Index Fund Admiral Shares. This fund is a cornerstone for investors seeking exposure to the 'value' segment of the U.S. small-capitalization market. Managed by Vanguard, VSIAX is designed to provide a low-cost, diversified way to capture the potential returns of smaller companies that are perceived to be undervalued relative to their fundamentals.

As of late 2023 and early 2024, institutional interest in small-cap value has remained steady as investors look for alternatives to highly concentrated large-cap growth stocks. The primary objective of VSIAX is to track the performance of the CRSP US Small Cap Value Index, which serves as its benchmark.

2. Fund Profile and Key Specifications

VSIAX is an Admiral Class mutual fund, a category created by Vanguard to offer lower expense ratios to investors who meet specific minimum investment requirements. It is primarily listed and traded through the NASDAQ exchange system.

Ticker: VSIAX
Expense Ratio: Historically around 0.07%, significantly lower than the industry average for small-cap funds.
Minimum Investment: Typically requires an initial investment of $3,000.
Assets under Management: VSIAX manages billions in total net assets, ensuring high liquidity for its participants.

3. Investment Strategy and Methodology

The fund employs a full-replication indexing approach. This means the fund managers aim to hold every stock within the CRSP US Small Cap Value Index in approximately the same weighting as the index itself. This minimizes tracking error and ensures the VSIAX stock price moves in lockstep with its target market segment.

Selection criteria focus on companies with lower price-to-earnings (P/E) and price-to-book (P/B) ratios. By targeting these specific value factors, the fund captures companies that may be overlooked by the broader market but possess solid balance sheets or recovery potential.

4. Portfolio Composition

Despite focusing on the "small-cap" sector, VSIAX is highly diversified. The portfolio typically holds over 800 individual stocks, reducing the impact of any single company’s failure on the overall fund performance.

Sector Weightings: The fund often has high concentrations in Financials, Industrials, and Consumer Cyclicals, which are traditional strongholds for value stocks.
Top Holdings: While holdings shift during quarterly rebalancing, the fund includes prominent names in the regional banking and manufacturing sectors.
Market Cap Characteristics: The median market cap of companies in the fund usually falls between $2 billion and $6 billion.

5. Performance and Price History

Analyzing the VSIAX stock price involves looking at its long-term Net Asset Value (NAV) trends. Over the last 10 years, small-cap value has experienced periods of significant volatility compared to large-cap equities. However, it often outperforms during periods of economic recovery or rising interest rate environments where 'value' factors are rewarded.

According to data from Nasdaq and Yahoo Finance as of 2024, the fund's historical performance remains closely tied to the CRSP US Small Cap Value Index. Investors also benefit from dividends, as many value-oriented companies return capital to shareholders, contributing to the fund's 30-day SEC yield.

6. Risk and Rating Analysis

Small-cap investing carries inherent risks, including higher volatility and lower liquidity compared to blue-chip stocks. However, VSIAX consistently receives high marks from analytical firms.

Morningstar Rating: VSIAX frequently earns a "Gold" Medalist rating for its low fees and disciplined management.
Volatility Metrics: The fund’s Beta is usually close to 1.0 relative to its small-cap benchmark, though higher than the S&P 500, indicating greater price swings.
Risk Profile: Investors should be prepared for sharp short-term fluctuations in exchange for long-term capital appreciation.

7. Comparative Analysis: VSIAX vs. VBR

Many investors compare VSIAX to VBR, which is the Vanguard Small-Cap Value ETF. Both track the same index and have nearly identical expense ratios. The primary difference lies in the vehicle: VSIAX is a mutual fund traded once per day at the closing NAV, while VBR is an ETF that trades throughout the day like a stock. For long-term investors using automated contributions, the mutual fund structure of VSIAX is often preferred.

8. Investor Considerations

VSIAX is widely considered suitable for long-term retirement accounts (such as IRAs or 401ks) due to its tax efficiency and low turnover. While the VSIAX stock price can be volatile, its focus on undervalued companies provides a different risk-reward profile than growth-heavy portfolios.

For those looking to diversify beyond traditional equities into the digital asset space, platforms like Bitget offer tools to track various market sectors. While VSIAX focuses on the traditional stock market, modern portfolios often balance such index funds with emerging tech and blockchain-based assets to achieve broader diversification.

Discover More with Bitget

Understanding the movements of the VSIAX stock price is just one part of a comprehensive investment strategy. To stay ahead of market trends across both traditional finance and the evolving Web3 landscape, explore the educational resources and trading tools available on Bitget. Whether you are interested in equity indices or digital assets, Bitget provides the insights you need to navigate today's complex financial markets.

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