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

Vanguard Communication Services Index Fund ETF Shares, ticker VOX, is a part of the Communication Services category, tracked by Vanguard. This ETF is ranked #320 out of 458 tracked ETFs across all categories, indicating a moderate standing in the market. Issued by Vanguard, it has an expense ratio of 0.09%, which is quite low, and a dividend yield of 0.49%, offering a modest income stream for investors. The fund's price of $185.96 and an AUM of $6.03B suggest a significant level of investor adoption, given its substantial asset base and relatively stable price point.

Over the past year, VOX has shown a return of +6.87%, indicating a positive performance. However, over the longer term, the fund has seen more substantial gains, with a 3-year return of +79.85%. The 1-month return of +4.00% suggests a short-term uptrend, while the 1-year return of +6.87% and 3-year return of +79.85% indicate a consistent upward trend. The 1-day return of +0.80% and 1-week return of -1.70% show some volatility, but the 3-month and 6-month returns of -4.84% and -2.07%, respectively, suggest a deceleration in the upward trend. The year-to-date return of -3.21% indicates a slight downturn from the start of the year, which contrasts with the strong 3-year performance.

VOX is labeled as having a moderate volatility, implying that it experiences price fluctuations but not as extreme as highly volatile funds. Its beta of 1.00 suggests that the fund's price movements are in line with the overall market. The Sharpe ratio of 0.11 indicates a modest risk-adjusted return, meaning that for the level of risk taken, the fund offers a relatively small return premium. The maximum drawdown of -21.15% indicates that the fund has experienced a significant decline in value at one point, which is a measure of its downside risk. Overall, these figures suggest that VOX is a balanced investment with moderate risk and a steady, albeit modest, return profile.

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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VOX Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.68% and average daily volume is 297K/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 $6.03B 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