About VRNIX
Vanguard Russell 1000 Index Fund Institutional Shares is a mutual fund designed to mirror the performance of the Russell 1000 Index, a widely recognized benchmark for large-capitalization U.S. stocks. The fund’s primary objective is to provide broad exposure to the U.S. equity market by investing in a diverse portfolio that closely tracks the composition of the Russell 1000. With more than 1,000 individual holdings, it encompasses leading companies across major sectors, including technology, consumer services, healthcare, and finance. Notably, the fund’s top holdings include prominent names such as Microsoft, Apple, NVIDIA, Amazon, and Meta Platforms, reflecting its alignment with the largest and most influential publicly traded firms in the United States. As an institutional share class, it offers a competitive expense ratio and is tailored for large investors, requiring a substantial minimum initial investment. Owing to its representative coverage, the fund plays a critical role for institutional portfolios seeking efficient, low-cost access to the core of the U.S. large-cap equity market while aiming to capture the long-term growth of America’s most established companies.
Fund Family Vanguard
Category Large-Cap Core
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol VRNIX
Share Class Institutional Shares
Index Russell 1000 TR USD
VRNIX had a total return of 16.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.59%.
