VONV

The Vanguard Russell 1000 Value Index Fund ETF (VONV) invests in a diversified portfolio of U.S. large‑cap value stocks, covering a broad range of sectors such as financials, technology, industrials, health care and energy, with virtually all assets allocated to U.S. equities. It follows a passive, full‑replication approach that seeks to match the performance of the Russell 1000 Value Index, holding each constituent in roughly the same weight as the index. The fund’s broad exposure to value‑oriented large‑cap companies provides diversified sector coverage while maintaining a focus on companies priced below their fundamentals. It is well suited for investors who want a core, low‑cost exposure to the U.S. large‑cap value segment as part of a long‑term, diversified equity allocation.