Is VXF a bad investment

I noticed that mid cap growth stocks are trading at about 13x earnings so I was thinking of having half my $$$ in this despite this fund trailing the S&P over the last 10 years which has a PE > 21

Over the last 5 years, S&P earned 47% vs VXF earning a mere 16%. Also the S&P paid about a 2% dividend - currently 1.5% while Vxf has paid about a 1.25% dividend - currently 1.36%

VBR is trading at around 10x earnings but has a 13.5% 5 year return with a 2.2% dividend

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