VV: Getting Very Tech Concentrated

The Vanguard Large-Cap ETF is heavily exposed to major tech stocks and AI hype. Circular investments and correlated valuations among AI-related large caps like NVDA and AMD present potential systemic vulnerabilities if AI demand falters or if an overbuild occurs. Innovations in AI architecture, should they accelerate, could start commodifying chips and data centers, threatening long-term growth assumptions for VV's top holdings.

Seeking Alpha • Nov 30, 2025

Should Vanguard Large-Cap ETF (VV) Be on Your Investing Radar?

Launched on January 27, 2004, the Vanguard Large-Cap ETF (VV) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.

Zacks Investment Research • Nov 18, 2025

VV: Large-Cap U.S. Stocks Are Likely Modestly Overvalued

Vanguard Large-Cap ETF (VV) tracks the CRSP US Large Cap Index, holds 468 stocks, manages $62.9B in assets, and has a 0.04% expense ratio. Technology makes up about 40% of the portfolio, with other major sectors being Consumer Discretionary (14%), Industrials (12%), and Financials (11%), leaving it sensitive to economic cycles. Valuation appears stretched with a forward P/E near 24x versus a fairer multiple of around 18x in the longer term. The five-year IRR for investors might be sub-7%.

Seeking Alpha • Sep 8, 2025

VV: Heightened Volatility In The Short Term

Vanguard Large-Cap Index Fund ETF, which offers broad U.S. equity exposure, faces short-term risks from high valuations, macro volatility, and concentrated tech holdings. Recent performance has lagged gold and cash, and short-term headwinds persist due to trade policy, a cooling labor market, and potentially higher prices. VV should perform well mid-term, but I expect near-term volatility; cautious optimism is warranted.

Seeking Alpha • Jun 19, 2025

VV: As Good As SPY

Large-cap stocks dominate the market, with the Vanguard Large-Cap Index Fund ETF Shares (VV) offering cheap, easy exposure at an expense ratio of just 0.04%. VV provides access to leading U.S. companies like Apple, Microsoft, and Amazon, with tech making up 38.2% of the fund. VV's low expense ratio and broad holdings make it a solid core holding, though its tech concentration could pose risks during sector downturns.

Seeking Alpha • Sep 23, 2024

Vanguard Large-Cap ETF's First Half Was Fabulous Compared to Vanguard Small-Cap ETF. But Which One Is a Buy Today?

Vanguard Large-Cap ETF rose a huge 14% in the first six months of 2024. Vanguard Small-Cap ETF lagged far behind, gaining just 2%.

The Motley Fool • Jul 14, 2024

VV: Good Fund To Own In The Long Run

Vanguard Large Cap ETF has a similar portfolio composition and stock style to the S&P 500 index, resulting in comparable long-term returns. VV's exposure to technology stocks positions it well for future growth, as the technology sector is expected to outperform other sectors. However, VV's current valuation is considered expensive, and investors may want to wait for a pullback before investing.

Seeking Alpha • Jun 8, 2024

If I Could Only Buy and Hold 1 Vanguard ETF For the Next 5 Years, This Would Be My Top Pick

Mid- and small-cap stocks often have negligible weightings in low-cost ETFs. Large-caps can act as a check and balance against allocations to more risky stocks.

The Motley Fool • Apr 8, 2024

Want to Own All the "Magnificent Seven" Stocks? Buy One of These Vanguard ETFs.

Eight Vanguard ETFs own positions in each of the "Magnificent Seven" stocks. These Vanguard ETFs match closely on cost, risk, and five-year performance.

The Motley Fool • Mar 31, 2024

VV: Perhaps Less Of A 'Large-Cap' Fund Than The Plain-Old S&P 500

The Vanguard Large-Cap ETF is a low-cost fund that has a solid long-term performance track record (average 10-year annual return of 11.91%). However, and while I previously recommended buying the VV ETF, I have recently changed my tune. Turns out, the VV ETF is actually less heavily weighted in Large-Cap stocks than the S&P 500 because it holds 28 additional companies in the fund (i.e. 528 total companies).

Seeking Alpha • Jan 24, 2024