VBR — Vanguard Small-Cap Value Index Fund ETF Shares

VBR Price Performance — Growth of $10,000

Value of a $10,000 investment in VBR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

VBR Drawdown

The "underwater" chart: VBR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Vanguard Small-Cap Value Index Fund ETF Shares (VBR) operates within the US Small Cap category, where ETFValuer tracks a total of 18 funds. Issued by Vanguard, this fund has accumulated assets under management of $67.8 billion and trades at a price of $244.24. It holds an overall rank of #91 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 71.6 out of 100. The fund offers a low expense ratio of 0.05% while providing a dividend yield of 1.29%. The substantial asset size and competitive cost structure suggest significant investor adoption relative to the broader universe of small-cap value options.

Over the most recent trading day, the fund gained 0.90%, followed by a modest 0.05% increase over the past week. Monthly returns show acceleration to 2.01%, which extends to a 6.00% gain over three months and an 8.69% rise over six months. Year-to-date performance has strengthened significantly to 15.08%, building on a one-year return of 21.70%. The longer-term trajectory indicates sustained growth, with the fund posting a 49.19% return over the past three years. This progression from single-digit short-term gains to nearly 50% over three years illustrates a consistent upward trend across the measured horizons.

VBR carries a Low volatility label and a beta of 0.95, indicating that its price movements have historically been slightly less sensitive to market swings than the broader benchmark. The fund has generated a Sharpe ratio of 1.12, suggesting that the returns achieved have been efficient relative to the risk taken. Despite this efficiency, the fund experienced a maximum drawdown of -24.19% during the tracked period, reflecting the potential for significant temporary declines. This combination of low volatility and a beta below 1.0 implies a tendency to move in the same direction as the market but with somewhat muted amplitude. The negative drawdown figure highlights that even with a low volatility classification, the fund remains exposed to substantial downside pressure during market corrections.

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

VBR Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 6.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VBR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VBR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VBR's top 10 — VB overlaps most, holding 4 of the same companies as VBR's top 10 (2.8% of VBR's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.

VBR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.22% and average daily volume is 291K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $67.8B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VBR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

VBR Performance History

How VBR Compares to Other US Small Cap ETFs