VTV — Vanguard Morningstar Value ETF

VTV Price Performance — Growth of $10,000

Value of a $10,000 investment in VTV 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.

VTV Drawdown

The "underwater" chart: VTV'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 Morningstar Value ETF (VTV) is a US Large Cap Value fund managed by Vanguard, one of the largest and most respected fund issuers. With an overall rank of #2 among 458 tracked ETFs, VTV demonstrates strong standing in the market. The fund carries a low expense ratio of 0.03%, making it cost-effective for investors. It also offers a modest dividend yield of 1.35%, providing a steady income stream. The fund's price of $226.40 and assets under management (AUM) of $256B indicate significant investor adoption and confidence in the fund's performance and management.

Over the past year, VTV has delivered a strong return of 27.24%, with a 3-year return of 70.00%, showcasing a consistent upward trend. The 1-month return of 2.97% and 1-week return of -0.49% suggest some short-term volatility, but the 1-day return of +0.54% indicates a generally positive daily performance. The 3-month return of 8.85% and 6-month return of 10.58% further support a steady growth pattern. This performance pattern suggests a mix of short-term fluctuations and long-term growth, with the fund showing resilience over various time horizons.

VTV is labeled as having low volatility, with a beta of 0.68, indicating that it is less sensitive to market movements compared to the broader market. The Sharpe ratio of 2.16 suggests that the fund provides a good risk-adjusted return, meaning that the returns are relatively high for the level of risk taken. The maximum drawdown of -14.52% indicates that the fund has experienced a significant decline in value, but it has recovered from such declines. This combination of low volatility, a high Sharpe ratio, and a moderate drawdown suggests that VTV is suitable for investors seeking a balance between risk and return, particularly those who are looking for a value-oriented strategy with relatively low risk exposure in both up and down markets.

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

VTV Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.1% 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 VTV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VTV

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VTV's top 10 — IWD overlaps most, holding 7 of the same companies as VTV's top 10 (16.8% of VTV'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.

VTV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.33% and average daily volume is 3.0M/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 $256B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VTV 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.

VTV Performance History

How VTV Compares to Other US Large Cap Value ETFs