VOX — Vanguard Communication Services Index Fund ETF Shares

VOX Price Performance — Growth of $10,000

Value of a $10,000 investment in VOX 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.

VOX Drawdown

The "underwater" chart: VOX'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 Communication Services Index Fund ETF Shares (VOX) is a Communication Services category fund issued by Vanguard with $6.30 billion in assets. It holds an overall rank of #268 of 458 tracked ETFs and sits at #2 of 4 within its specific category, receiving an ETFValuer grade of C. The fund’s 0.09% expense ratio is slightly above the category median of 0.087%, while its 0.97% dividend yield trails the median of 1.11%. Concentration is notable, with the top 10 holdings comprising 71.8% of assets and Meta Platforms Inc representing the largest single position at 21.1%.

VOX has delivered a 1-year return of +4.11%, marginally outperforming the category median of +4.03%. Short-term momentum shows a 1-month gain of +2.20% and a 3-month increase of +1.56%, contrasting with a slight 1-day decline of -0.43%. The fund’s price of $192.20 places it at 69.8% of its 52-week range, indicating it is closer to its high than its low. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.98, the fund’s movements align closely with overall market fluctuations. Annualized volatility stands at 18.23%, which is labeled as Moderate, while the maximum drawdown has reached -21.15%. A Sharpe ratio of -0.05 suggests that risk-adjusted returns have been negative relative to the risk-free rate during the measured period. Liquidity is supported by an average daily volume of 277,066 shares, facilitating standard trading activity.

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

VOX Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 71.8% 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 VOX's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VOX

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VOX's top 10 — FCOM overlaps most, holding 9 of the same companies as VOX's top 10 (71.8% of VOX'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: 5.27% (as of 2026-10-06) — 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): 15.01 (as of 2026-10-06) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VOX Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 277K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $6.30B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VOX 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.

VOX Performance History

How VOX Compares to Other Communication Services ETFs