VV — Vanguard Morningstar Large-Cap ETF
US Large Cap Blend Ranked #51 of 458 tracked ETFs · Issued by Vanguard
VV Price Performance — Growth of $10,000
Value of a $10,000 investment in VV 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.
VV Drawdown
The "underwater" chart: VV'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.
What If You'd Invested in VV?
See what a lump sum in VV would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Vanguard Morningstar Large-Cap ETF (VV) is a US Large Cap Blend fund issued by Vanguard with $76.2 billion in assets under management. It holds a B grade, ranking 6th out of 19 peers in its category and 51st among all 458 tracked ETFs. The fund’s 0.03% expense ratio sits below the category median of 0.06%, while its 0.74% dividend yield trails the peer average of 0.89%. Top holdings account for 36.7% of assets, with NVIDIA Corp representing the largest single position at 7.3%.
VV has delivered a 1-year return of +18.64%, slightly outpacing the category median of +18.63%. Short-term performance shows a -0.43% decline over the last day and a -1.27% drop over one month, contrasting with a +3.88% gain over three months. The fund is currently priced at $351.56, which places it at 89.1% of its 52-week trading range. Its B grade has remained unchanged across the last 35 tracked days, despite price history being available for only 3.0 years.
The fund exhibits a beta of 1.01 and an annualized volatility of 12.92%, which is labeled as Low. A Sharpe ratio of 1.06 indicates strong risk-adjusted returns relative to its historical behavior. Maximum drawdowns have reached -18.97%, reflecting the extent of recent declines. Liquidity is supported by an average daily volume of 234,620 shares and a tight bid/ask spread of 0.07%.
AI-generated summary based on the data on this page.
VV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | NVIDIA Corp | 7.28% | $5.37B |
| 2 | Apple Inc | 6.72% | $4.96B |
| 3 | Microsoft Corp | 4.38% | $3.24B |
| 4 | Amazon.com Inc | 3.65% | $2.69B |
| 5 | Alphabet Inc | 3.31% | $2.45B |
| 6 | Broadcom Inc | 2.83% | $2.09B |
| 7 | Alphabet Inc | 2.61% | $1.93B |
| 8 | Micron Technology Inc | 2.06% | $1.52B |
| 9 | Meta Platforms Inc | 1.96% | $1.44B |
| 10 | Tesla Inc | 1.87% | $1.38B |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 36.7% 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 VV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With VV
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VV's top 10 — VTI overlaps most, holding 9 of the same companies as VV's top 10 (36.7% of VV's assets).
| ETF | Name | Shared Companies | VV Weight | Examples |
|---|---|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | 9 | 36.7% | NVIDIA Corp, Apple Inc, Alphabet Inc… |
| VOO | Vanguard S&P 500 ETF | 9 | 36.7% | NVIDIA Corp, Apple Inc, Alphabet Inc… |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 9 | 36.7% | NVIDIA Corp, Apple Inc, Alphabet Inc… |
| IVV | iShares Core S&P 500 ETF | 9 | 36.7% | NVIDIA Corp, Apple Inc, Alphabet Inc… |
| SCHB | Schwab U.S. Broad Market ETF | 9 | 36.7% | NVIDIA Corp, Apple Inc, Alphabet Inc… |
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: 4.80% (as of 2026-09-08) — 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): 15.72 (as of 2026-09-08) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What VV's Fees Cost You
VV charges an expense ratio of 0.03% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
VV Dividend Income Estimator
VV currently yields 0.74%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
VV Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.07% and average daily volume is 235K/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 $76.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: VV 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.
VV Performance History
| Period | Return |
|---|---|
| 1-Day | -0.43% |
| 1-Week | +0.19% |
| 1-Month | -1.27% |
| 3-Month | +3.88% |
| 6-Month | +13.57% |
| YTD | +12.19% |
| 1-Year | +18.64% |
| 3-Year | +77.08% |
How VV Compares to Other US Large Cap Blend ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #10 | B+ |
FNDX | Schwab Fundamental U.S. Large Company ETF | +27.27% | 0.25% | $27.6B |
| #38 | B+ |
VOO | Vanguard S&P 500 ETF | +18.88% | 0.03% | $1757B |
| #43 | B+ |
IVV | iShares Core S&P 500 ETF | +18.88% | 0.03% | $884B |
| #48 | B+ |
AVUS | Avantis US Equity ETF | +22.92% | 0.15% | $14.5B |
| #50 | B |
SPY | State Street SPDR S&P 500 ETF Trust | +18.81% | 0.0945% | $812B |
| #51 | B |
VV | Vanguard Morningstar Large-Cap ETF | +18.64% | 0.03% | $76.2B |
| #56 | B+ |
VTI | Vanguard Morningstar Total Stock Market ETF | +18.52% | 0.03% | $2344B |
| #63 | B |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | +18.51% | 0.03% | $97.1B |
| #64 | B |
SCHX | Schwab U.S. Large-Cap ETF | +18.12% | 0.03% | $74.2B |
| #65 | B |
DFAC | Dimensional U.S. Core Equity 2 ETF | +19.93% | 0.17% | $49.1B |
| #82 | B |
SCHB | Schwab U.S. Broad Market ETF | +18.42% | 0.03% | $44.6B |
| #90 | B |
SPTM | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | +18.63% | 0.03% | $14.2B |
| #91 | B |
DFUS | Dimensional U.S. Equity Market ETF | +18.81% | 0.09% | $21.5B |
| #95 | B |
IWB | iShares Russell 1000 ETF | +17.97% | 0.15% | $48.8B |
| #109 | B |
VONE | Vanguard Russell 1000 Index Fund ETF Shares | +17.98% | 0.06% | $11.9B |
| #123 | B |
IWV | iShares Russell 3000 ETF | +18.17% | 0.2% | $20.2B |
| #130 | B |
RSP | Invesco S&P 500 Equal Weight ETF | +15.89% | 0.2% | $101B |
| #131 | B |
VTHR | Vanguard Russell 3000 Index Fund ETF Shares | +18.35% | 0.06% | $6.41B |
| #140 | B |
ILCB | iShares Morningstar U.S. Equity ETF | +18.63% | 0.03% | $1.30B |