Name changes for Vanguard equity index funds and CRSP/Morningstar benchmarks

Vanguard announced that multiple U.S. equity index funds will have "Morningstar" added to their names, effective July 29, 2026. This change follows Morningstar's acquisition of CRSP in February 2026, which includes the indexes tracked by these Vanguard funds.

Beginning on July 29, 2026, "Morningstar" will be added to the names of multiple Vanguard equity index funds. For example:

  • Vanguard Total Stock Market Index Fund will become Vanguard Morningstar Total Stock Market Index Fund
  • Vanguard Total Stock Market ETF (VTI) will become Vanguard Morningstar Total Stock Market ETF (VTI)
  • Vanguard Mid-Cap ETF (VO) will become Vanguard Morningstar Mid-Cap ETF (VO)

This naming convention aligns with how Vanguard identifies funds that track indexes from other providers, ensuring clarity and consistency for investors.

Benchmark Names

The underlying benchmarks are being rebranded from CRSP to Morningstar. For example:

  • CRSP US Total Market Index becomes Morningstar US Total Market Index
  • CRSP US Mid Cap Index becomes Morningstar US Mid Cap Index
  • CRSP US Small Cap Growth Index becomes Morningstar US Small Cap Growth Index

 

What's NOT Changing

This is purely a name change. There are no changes to:

  • Investment objectives, strategies, or policies
  • Index construction methodology – The way the indexes are built remains identical
  • Rebalancing frequency
  • Securities included in the indexes
  • Fund tickers (e.g., VTI, VO, VB)
  • CUSIPs
  • Expense ratios
Affected Funds

The following fund families will have "Morningstar" added to their names:

Total Market Funds
  • Vanguard Morningstar Total Stock Market ETF (VTI)

Mega Cap Funds
  • Vanguard Morningstar Mega Cap ETF (MGC)

  • Vanguard Morningstar Mega Cap Growth Index Fund and ETF (MGK)

  • Vanguard Morningstar Mega Cap Value Index Fund and ETF (MGV)

Large-Cap Funds
  • Vanguard Morningstar Large-Cap ETF (VV)

  • Vanguard Morningstar Growth Index Fund and ETF (VUG)

  • Vanguard Morningstar Value Index Fund and ETF (VTV)

Mid-Cap Funds
  • Vanguard Morningstar Mid-Cap ETF (VO)

  • Vanguard Morningstar Mid-Cap Growth Index Fund and ETF (VOT)

  • Vanguard Morningstar Mid-Cap Value Index Fund and ETF (VOE)

Small-Cap Funds
  • Vanguard Morningstar Small-Cap ETF (VB)

  • Vanguard Morningstar Small-Cap Growth Index Fund and ETF (VBK)

  • Vanguard Morningstar Small-Cap Value Index Fund and ETF (VBR)

 

 Key Dates to Note:
  • Name change become effective: July 29, 2026

 

 

No action is required. Your fund holdings will automatically reflect the new names in July 2026. All account statements, confirmations, and online platforms will be updated to show the new fund names. Your holdings, values, and performance history remain continuous and unaffected

As always, Vanguard remains committed to putting investors first—ensuring fairness, transparency, and long-term success.

 

Notes: The sale of the [VTI, VO, MGC, MGK, MGV, VV, VUG, VTV, VOT, VOE, VB, VBK, VBR] qualifies as a private placement pursuant to section 2 of Uruguayan law 18.627. Vanguard represents and agrees that it has not offered or sold, and will not offer or sell, any [VTI, VO, MGC, MGK, MGV, VV, VUG, VTV, VOT, VOE, VB, VBK, VBR] to the public in Uruguay, except in circumstances which do not constitute a public offering or distribution under Uruguayan laws and regulations. Neither the [VTI, VO, MGC, MGK, MGV, VV, VUG, VTV, VOT, VOE, VB, VBK, VBR] nor issuer are or will be registered with the Superintendency of Financial Services of the Central Bank of Uruguay to be publicly offered in Uruguay. The [VTI, VO, MGC, MGK, MGV, VV, VUG, VTV, VOT, VOE, VB, VBK, VBR] correspond to investment funds that are not investment funds regulated by Uruguayan law 16,774 dated 27 September 1996, as amended.

Data provided by Morningstar is property of Morningstar and Morningstar’s data providers, and it should therefore not be copied or distributed. Morningstar and its data providers are not responsible for any certification or representation with respect to data validity, certainty, or accuracy and are therefore not responsible for any losses derived from the use of such information.