VONV — Vanguard Russell 1000 Value Index Fund ETF Shares

VONV Price Performance — Growth of $10,000

Value of a $10,000 investment in VONV 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.

VONV Drawdown

The "underwater" chart: VONV'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 Russell 1000 Value Index Fund ETF Shares (VONV) operates within the US Large Cap Value category, where it is one of 12 funds tracked by ETFValuer. Issued by Vanguard, this fund has accumulated $21.5 billion in assets under management and trades at a price of $108.85. It holds an overall rank of #6 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B+ with a score of 83.4 out of 100. The fund maintains a low-cost structure with an expense ratio of 0.06% while offering a dividend yield of 1.62%. The substantial asset base and high ranking suggest significant investor adoption relative to the broader universe of available options. These metrics position the fund as a widely utilized vehicle for accessing large-cap value exposure within its specific sector classification.

Over the most recent trading day, the fund posted a return of +0.82%, followed by a modest +0.07% gain over the one-week period. Monthly performance accelerated to +2.97%, which extended into a +9.51% return over the three-month horizon. The upward trajectory continued with a +13.84% gain over six months and a +17.86% year-to-date return. Annual performance reached +26.91%, while the three-year total return stands at +61.24%. This sequence indicates a consistent pattern of positive returns that have strengthened as the investment horizon extends from daily to multi-year periods. The data shows a clear acceleration in gains when comparing short-term fluctuations to the longer-term cumulative results.

VONV carries a volatility label of Low and a beta of 0.80, indicating that the fund has historically exhibited less price fluctuation than the broader market. A Sharpe ratio of 1.93 suggests that the fund has generated substantial excess returns relative to the amount of risk taken over the measured period. The maximum drawdown recorded for the fund is -15.70%, representing the largest peak-to-trough decline experienced by investors. This combination of a low beta and a high Sharpe ratio implies that the fund has managed to deliver strong returns while maintaining a relatively stable price path compared to more volatile peers. The moderate maximum drawdown further supports the characterization of the fund as having controlled downside risk during market corrections.

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

VONV Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.8% 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 VONV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VONV

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VONV's top 10 — IWD overlaps most, holding 8 of the same companies as VONV's top 10 (17.6% of VONV'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.

VONV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.15% and average daily volume is 901K/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 $21.5B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VONV 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.

VONV Performance History

How VONV Compares to Other US Large Cap Value ETFs