That median market cap actually puts VBK in mid-cap territory. The ETF’s largest sector allocation is 21.5% to industrials while financial services and industrials combine for over a third of its weight. Healthcare and consumer discretionary combine for over 30%.
Small-cap growth stocks are typically pricey relative to the broader small stock space and VBK proves as much with a price-to-earnings ratio of 31.3. That is well above the S&P 500 and even the Russell 2000 Index.
What is cheap about VBK is its 0.07% annual fee, which makes it less expensive than 94% of competing strategies.
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