Vanguard Morningstar Small-Cap ETF
$290.75−1.57 (−0.54%)
- Expense ratio
- 0.03%
- Fund size
- $185.3B
- 1Y return
- +14.9%
- Yield · Last 12 months
- 1.23%
- Holdings
- 1357
- Volume · 30D
- 0.5M sh
- NAV per share
- $292.31
- 52W range
The ETF.net VB Grade
Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 91Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 79Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 91Category rank
Our read on VB
AVanguard's small-cap workhorse: roughly 1,400 smaller US companies for three basis points. The CRSP index behind it shifts stocks between size bands in two half steps instead of one jump, which holds turnover down. Trading since 2004.
The fund seeks to track the CRSP US Small Cap Index, which measures the investment performance of small U.S. companies. It uses an indexing approach and generally replicates the index by holding its securities in approximately their index weights.
Why people hold it
- Three basis points a year, against a small-cap category median near 0.25%. Cost is the one edge in indexing you actually keep.
- About 1,400 stocks held at roughly their index weights, so no single small-cap story carries the fund.personal1.vanguard.com
- Its CRSP benchmark migrates a stock between size segments in two 50% packets instead of one move, a design built to cut turnover.crsp.com
- Running since 2004, actively traded, and one of the strongest implementations in its 20-fund small-cap peer group.
Worth knowing
- Small companies move harder in both directions than large-cap benchmarks, and this is full, unhedged exposure to that.
- Benchmarks disagree on where small cap starts. VB follows CRSP, while IWM and VTWO track the Russell 2000, so holdings and results can drift apart.
- US companies only, and distributions land quarterly rather than monthly.
VB Holdings
- Stocks
- 1,357
- 5%
- SLCMT1142
Sectors
- Technology17.7%
- Industrials16.3%
- Health Care13.7%
- Financials12.8%
- Consumer Discr.10.7%
- Real Estate7.8%
- Materials6.2%
- Energy5.0%
- Cons. Staples3.5%
- Communication3.1%
- Utilities3.0%
Geography
- United States96.31%
- United Kingdom0.95%
- Ireland0.77%
- Bermuda0.73%
- Cayman Islands0.67%
- Switzerland0.23%
- Puerto Rico0.23%
- Canada0.11%
VB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VB$11,490
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VB |
|---|---|
| Year to date | +14.1% |
| 1 month | −4.1% |
| 3 months | −1.4% |
| 1 year | +14.9% |
| 3 years | +17.4% |
| 5 years | +7.2% |
| 10 years | +10.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VB |
|---|---|---|
| 2026 YTD | +14.1% | |
| 2025 | +8.9% | |
| 2024 | +14.2% | |
| 2023 | +18.2% | |
| 2022 | −17.5% | |
| 2021 | +17.6% | |
| 2020 | +19.2% |
VB in the news
VB Dividends
- 1.23%
- $3.61
- $0.89 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jun 30, 2026 | $0.89 |
| Mar 27, 2026 | Mar 31, 2026 | $0.98 |
| Dec 22, 2025 | Dec 24, 2025 | $0.93 |
| Sep 29, 2025 | Oct 1, 2025 | $0.81 |
| Jun 30, 2025 | Jul 2, 2025 | $0.79 |
| Mar 27, 2025 | Mar 31, 2025 | $0.92 |
| Dec 23, 2024 | Dec 26, 2024 | $0.90 |
| Sep 27, 2024 | Oct 1, 2024 | $0.70 |
| Jun 28, 2024 | Jul 2, 2024 | $0.85 |
| Mar 22, 2024 | Mar 27, 2024 | $0.68 |
| Dec 21, 2023 | Dec 27, 2023 | $1.08 |
| Sep 21, 2023 | Sep 26, 2023 | $0.74 |
VB Risk
- 17.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.68
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VB Cost
0.03%
VB0.03%
- The middle half of US Small-Cap funds
- Median 0.20%
No US Small-Cap fund charges less.