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Should You Invest in the Vanguard Consumer Staples ETF (VDC)?

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Looking for broad exposure to the Consumer Staples - Broad segment of the equity market? You should consider the Vanguard Consumer Staples ETF (VDC - Free Report) , a passively managed exchange traded fund launched on 01/26/2004.

Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.

Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Staples - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in top 13%.

Index Details

The fund is sponsored by Vanguard. It has amassed assets over $6.61 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Staples - Broad segment of the equity market. VDC seeks to match the performance of the MSCI US Investable Market Consumer Staples 25/50 Index before fees and expenses.

The MSCI US Investable Market Consumer Staples 25/50 Index measures the investment return of stocks in the consumer staples sector.

Costs

When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.

Annual operating expenses for this ETF are 0.10%, making it one of the least expensive products in the space.

It has a 12-month trailing dividend yield of 2.40%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Consumer Staples sector--about 100% of the portfolio.

Looking at individual holdings, Procter & Gamble Co. (PG - Free Report) accounts for about 12.37% of total assets, followed by Coca-Cola Co. (KO - Free Report) and Pepsico Inc. (PEP - Free Report) .

The top 10 holdings account for about 61.24% of total assets under management.

Performance and Risk

Year-to-date, the Vanguard Consumer Staples ETF has lost about -1.50% so far, and is down about -1.49% over the last 12 months (as of 03/07/2023). VDC has traded between $171.56 and $208.31 in this past 52-week period.

The ETF has a beta of 0.60 and standard deviation of 19.59% for the trailing three-year period, making it a medium risk choice in the space. With about 101 holdings, it effectively diversifies company-specific risk.

Alternatives

Vanguard Consumer Staples ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, VDC is a sufficient option for those seeking exposure to the Consumer Staples ETFs area of the market. Investors might also want to consider some other ETF options in the space.

IShares U.S. Consumer Staples ETF (IYK - Free Report) tracks Dow Jones U.S. Consumer Goods Index and the Consumer Staples Select Sector SPDR ETF (XLP - Free Report) tracks Consumer Staples Select Sector Index. IShares U.S. Consumer Staples ETF has $1.72 billion in assets, Consumer Staples Select Sector SPDR ETF has $16.58 billion. IYK has an expense ratio of 0.39% and XLP charges 0.10%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

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