VB — Vanguard Small-Cap Index Fund ETF Shares

Overview

The Vanguard Small-Cap Index Fund ETF Shares (VB) operates within the US Small Cap category, which currently contains five ETFs tracked by ETFValuer. Issued by Vanguard, this fund has accumulated assets under management of $189 billion, reflecting significant investor adoption relative to its peers. It holds an overall rank of #51 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 66.7 out of 100. The fund charges an expense ratio of 0.03%, making it a low-cost option for exposure to small-cap equities. Investors receive a dividend yield of 0.86% while the current share price stands at $295.15. The combination of high assets under management and a low expense ratio suggests the fund is a widely utilized vehicle for accessing this specific market segment.

Recent price action shows a decline of 1.12% over the last day and a further drop of 2.63% over the past week. However, the fund has recovered to post a 2.72% gain over the last month, followed by stronger momentum of 11.48% over three months. This upward trajectory continued with a 12.14% return over six months and a year-to-date gain of 13.61%. The longer-term performance demonstrates significant growth, with a one-year return of 24.31% and a three-year total return of 50.02%. The data indicates a pattern where short-term volatility has given way to sustained positive returns over the annual and multi-year horizons.

VB carries a moderate volatility label and exhibits a beta of 1.10, indicating that the fund tends to move slightly more than the broader market. Despite this elevated sensitivity, the fund has generated a Sharpe ratio of 1.17, suggesting that the returns achieved have been efficient relative to the risk taken. The maximum drawdown recorded for the fund is -25.36%, which represents the largest peak-to-trough decline experienced by the asset. This combination of a beta above 1.0 and a moderate volatility label implies the fund amplifies market movements, yet the high Sharpe ratio indicates that the magnitude of gains has historically compensated for these fluctuations. The drawdown figure highlights the potential for significant temporary losses during market downturns.

AI-generated summary based on the data on this page.

VB Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VB Performance History

How VB Compares to Other US Small Cap ETFs