16 important things you should know about Vanguard VIIIX mutual fund
Updated: November 26, 2021
Bull case
High net assets
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
15-year return above the benchmark
Low expense ratio
No sales load or distribution fees
Bear case

No bear case arguments.

Before we start: if you’re looking for VIIIX “stock” price, you can quickly find it out by visiting Finny and typing "VIIIX quote". If you’re looking for a quick scoop on VIIIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "VIIIX". You’ll get all this info in one place.

Are you looking to buy or sell VIIIX? Or perhaps you’re looking for VIIIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this VIIIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: VIIIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: VIIIX buy or sell; the pros and cons of investing in VIIIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to VIIIX.

And here is the list of questions we’ll answer:

  1. Describe Vanguard Institutional Index Fund: Vanguard Institutional Index Fund; Institutional Plus Shares (VIIIX).
  2. What are VIIIX holdings?
  3. What is VIIIX performance? What are VIIIX historical returns?
  4. What is VIIIX dividend yield?
  5. What is VIIIX minimum initial investment amount?
  6. Does VIIIX have any sales loads or 12b-1 distribution expenses?
  7. What is VIIIX Finny Score? VIIIX buy or sell?
  8. What are the pros of investing in VIIIX? What are VIIIX buy reasons?
  9. What are the cons of investing in VIIIX? What are VIIIX sell reasons?
  10. Compare and contrast: VIIIX vs VOO.
  11. Compare and contrast: VIIIX vs VTI.
  12. Compare and contrast: VIIIX vs FSKAX.
  13. Compare and contrast: VIIIX vs FXAIX.
  14. Compare and contrast: VIIIX vs SPY.
  15. Compare and contrast: VIIIX vs VFIAX.
  16. Compare and contrast: VIIIX vs VIEIX.

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Vanguard Institutional Index Fund: Vanguard Institutional Index Fund; Institutional Plus Shares (VIIIX).

The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund employs an indexing investment approach designed to track the performance of the Standard & Poors 500 Index by investing all of its assets in the stocks that make up the Index.

2. What are VIIIX top holdings?

VIIIX has 505 stock holdings and 0 bond holdings.

The top 10 holdings represent 28.19% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 6.73%
Microsoft Corp MSFT 5.76%
Amazon.com Inc AMZN 4.85%
Facebook Inc A FB 2.28%
Alphabet Inc A GOOGL 1.59%
Alphabet Inc Class C GOOG 1.56%
Berkshire Hathaway Inc Class B BRK.B 1.53%
Johnson & Johnson JNJ 1.42%
Procter & Gamble Co PG 1.25%
Visa Inc Class A V 1.22%

3. What is VIIIX performance? What are VIIIX historical returns?

VIIIX has generated the following returns:

  • 1-month return is 4.08%;
  • 3-month return is 6.99%;
  • 1-year return is 6.99%;
  • 3-year return is 22.57%;
  • 5-year return is 18.75%;
  • 10-year return is 16.78%;
  • 15-year return is 10.66%.

4. What is VIIIX dividend yield?

VIIIX yield is 1.28%.

5. What is VIIIX minimum initial investment amount?

VIIIX minimum initial investment amount is $200.00M.

6. Does VIIIX have any sales loads or 12b-1 distribution expenses?

VIIIX 12b-1 distribution fee is 0. VIIIX front-end sales load is 0. VIIIX back-end sales load is 0.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 100. Our quantitative analysis shows 7 reasons to buy and 0 reasons to sell it, resulting in the Finny Score of 100.

8. What are the pros of investing in VIIIX? What are VIIIX buy reasons?

The following are VIIIX strengths from our perspective:

  • VIIIX net assets are $169.84 billion. This fund is a popular choice with retail and institutional investors.
  • VIIIX 3-year return is 22.57%, which is in line with the 3-year return of the benchmark index (S&P 500 TR USD), 22.58%.
  • VIIIX 5-year return is 18.75%, which is in line with the 5-year return of the benchmark index (S&P 500 TR USD), 18.76%.
  • VIIIX 10-year return is 16.78%, which is in line with the 10-year return of the benchmark index (S&P 500 TR USD), 16.79%.
  • VIIIX 15-year return is 10.66%, which is higher than the 15-year return of the benchmark index (S&P 500 TR USD), 10.65%.
  • VIIIX expense ratio is 0.02%, which is considered low. Nice job picking a low-cost fund.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

9. What are the cons of investing in VIIIX? What are VIIIX negatives?

There are no visible red flags.

Alternatives

10. Compare and contrast: VIIIX vs VOO.

VIIIX is a mutual fund, whereas VOO is an ETF.

VIIIX and VOO have the same 5-year return (18.75%).

VIIIX has a lower expense ratio than VOO (0.02% vs 0.03%).

VIIIX VOO
Segment U.S. Equity: Large Blend Equity: U.S. - Large Cap
Net Assets $169.84B $268.41B
Expense Ratio 0.02% 0.03%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A S&P 500
Dividend Yield 1.28% 1.34%

VOO profile: The Fund seeks to track the performance of its benchmark index, the S&P 500. The Fund employs an indexing investment approach. The Fund attempts to replicate the target index by investing all of its assets in the stocks that make up the Index with the same approximate weightings as the Index.

For further information, check out VIIIX vs VOO comparison details.

11. Compare and contrast: VIIIX vs VTI.

VIIIX is a mutual fund, whereas VTI is an ETF.

VIIIX has a higher 5-year return than VTI (18.75% vs 18.62%).

VIIIX has a lower expense ratio than VTI (0.02% vs 0.03%).

VIIIX VTI
Segment U.S. Equity: Large Blend Equity: U.S. - Total Market
Net Assets $169.84B $283.29B
Expense Ratio 0.02% 0.03%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A CRSP US Total Market Index
Dividend Yield 1.28% N/A

VTI profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.

For further information, check out VIIIX vs VTI comparison details.

12. Compare and contrast: VIIIX vs FSKAX.

Both VIIIX and FSKAX are mutual funds.

VIIIX has a higher 5-year return than FSKAX (18.75% vs 18.49%).

VIIIX and FSKAX have the same expense ratio (0.02%). Below is the comparison between VIIIX and FSKAX.

VIIIX FSKAX
Segment U.S. Equity: Large Blend
Net Assets $169.84B $74.89B
Expense Ratio 0.02% 0.02%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
Dividend Yield 1.28% 1.11%

FSKAX profile: The Fund seeks to provide investment results corresponding to the total return of a broad range of United States stocks. The Fund invests at least 80% of its assets in common stocks included in the Dow Jones US Total Stock Market Index, which represents the performance of a broad range of U.S. stocks.

For further information, check out VIIIX vs FSKAX comparison details.

13. Compare and contrast: VIIIX vs FXAIX.

Both VIIIX and FXAIX are mutual funds.

VIIIX and FXAIX have the same 5-year return (18.75%).

VIIIX and FXAIX have the same expense ratio (0.02%). Below is the comparison between VIIIX and FXAIX.

VIIIX FXAIX
Segment U.S. Equity: Large Blend
Net Assets $169.84B $379.81B
Expense Ratio 0.02% 0.02%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
Dividend Yield 1.28% 1.26%

FXAIX profile: The Fund seeks a total return which corresponds to that of the S&P 500 Index. The Fund invests at least 80% of its assets in common stocks included in the Index. The Fund may lend securities to earn income and uses statistical sampling techniques in stock selection.

For further information, check out VIIIX vs FXAIX comparison details.

14. Compare and contrast: VIIIX vs SPY.

VIIIX is a mutual fund, whereas SPY is an ETF.

VIIIX has a higher 5-year return than SPY (18.75% vs 18.66%).

VIIIX has a lower expense ratio than SPY (0.02% vs 0.09%).

VIIIX SPY
Segment U.S. Equity: Large Blend Equity: U.S. - Large Cap
Net Assets $169.84B $417.28B
Expense Ratio 0.02% 0.09%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A S&P 500
Dividend Yield 1.28% 1.3%

SPY profile: The Trust seeks investment results that, before expenses, generally correspond to the price and yield performance of the component common stocks of the S&P 500 Index.

For further information, check out VIIIX vs SPY comparison details.

15. Compare and contrast: VIIIX vs VFIAX.

Both VIIIX and VFIAX are mutual funds.

VIIIX has a higher 5-year return than VFIAX (18.75% vs 18.72%).

VIIIX has a lower expense ratio than VFIAX (0.02% vs 0.04%).

VIIIX VFIAX
Segment U.S. Equity: Large Blend U.S. Equity: Large Blend
Net Assets $169.84B $438.65B
Expense Ratio 0.02% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
Dividend Yield 1.28% 1.24%

VFIAX profile: The Fund seeks to track the performance of its benchmark index, the S&P 500. The Fund employs an indexing investment approach. The Fund attempts to replicate the target index by investing all of its assets in the stocks that make up the Index with the same approximate weightings as the Index.

For further information, check out VIIIX vs VFIAX comparison details.

16. Compare and contrast: VIIIX vs VIEIX.

Both VIIIX and VIEIX are mutual funds.

VIIIX has a higher 5-year return than VIEIX (18.75% vs 17.21%).

VIIIX has a lower expense ratio than VIEIX (0.02% vs 0.05%).

VIIIX VIEIX
Segment U.S. Equity: Large Blend U.S. Equity: Mid-Cap Blend
Net Assets $169.84B $21.37B
Expense Ratio 0.02% 0.05%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
Dividend Yield 1.28% 1.11%

VIEIX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of small- and mid-capitalization stocks.

For further information, check out VIIIX vs VIEIX comparison details.

In the VIIIX review, we covered VIIIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.