VDE

The Vanguard Energy Index Fund ETF (VDE) provides broad exposure to U.S. companies operating in the energy sector, including large‑, mid‑ and small‑cap firms engaged in oil and gas exploration, production, refining, marketing, transportation and equipment services. It follows a passive, full‑replication strategy designed to track the MSCI US Investable Market Energy 25/50 Index, holding the constituent stocks in approximately the same weightings as the benchmark. Because the fund is concentrated in a single sector, it is best suited for investors who want targeted exposure to traditional energy businesses, seek potential dividend income, or wish to add a sector‑specific element to a diversified portfolio while accepting the higher volatility that can accompany energy markets.