Vanguard Morningstar Small-Cap Value ETF
$235.62+0.91 (+0.39%)
- 0.05%
- $68.2B
- +18.8%
- 1.88%
- 0.3M sh
- $234.60
- low $198.76high $251.85
The ETF.net VBR Grade
B
Score 67 out of 100
- 9 of 40
Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A86 out of 100Rank 5 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.B68 out of 100Rank 32 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D30 out of 100Rank 26 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 18 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 3 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A86 out of 100Rank 2 of 40
Our read on VBR
BVanguard's small-cap value index fund, running since 2004 at five basis points. It owns roughly 800 names off the CRSP index, and CRSP's definition of "small" stretches up toward mid-cap turf, making it a gentler read on small-cap value than Russell 2000 versions.
Vanguard Small-Cap Value ETF seeks to follow the CRSP US Small Cap Value Index, which represents U.S. small-cap value stocks. It uses a passive, full-replication approach and normally remains fully invested.
Why people hold it
- 0.05% a year, against a peer-group median of 0.18%. Roughly a quarter of what the typical value fund in its group charges.
- Full replication across about 800 small-cap value names, cap-weighted, so no single stock steers the portfolio.workplace.vanguard.com
- CRSP shifts companies between size indexes in half-position "packets" inside buffer bands, softening turnover when a holding drifts across the small-cap line.crsp.org
- Live since 2004, a multi-billion-dollar fund on one index mandate the whole way. Distributions land quarterly.
Worth knowing
- CRSP calls the bottom 2%-15% of the investable market "small," so this leans larger than Russell 2000 value funds such as VTWV.crsp.com
- Small companies swing harder than large ones, and the fund normally stays fully invested through the swings.workplace.vanguard.com
- Value here is CRSP's price-ratio screen (book, earnings, dividends, sales to price). No profitability or quality filter sits on top.pnc.com
VBR Holdings
- Stocks
- 840
- 6%
- MRNA
Sectors
- Financials17.7%
- Industrials16.3%
- Consumer Discretionary13.0%
- Technology10.8%
- Real Estate10.8%
- Health Care9.5%
- Materials5.4%
- Energy5.1%
- Utilities4.5%
- Consumer Staples4.4%
- Communication2.5%
Geography
- United States100.00%
VBR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VBR$11,883
Returns run to the Oct 12, 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 | VBR |
|---|---|
| Year to date | +12.5% |
| 1 month | −2.6% |
| 3 months | −2.6% |
| 1 year | +18.8% |
| 3 years | +16.9% |
| 5 years | +8.5% |
| 10 years | +10.2% |
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 | VBR |
|---|---|---|
| 2026 YTD | +12.5% | |
| 2025 | +9.1% | |
| 2024 | +12.4% | |
| 2023 | +16.0% | |
| 2022 | −9.4% | |
| 2021 | +28.1% | |
| 2020 | +5.9% |
VBR in the news
VBR Dividends
- 1.88%
- $4.42
- $1.03 per share
- Quarterly
Distribution history
VBR Risk
- 16.2%
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.
- 0.70
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.
- −24.2%
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.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VBR Cost
0.05%
VBR0.05%
- The middle half of US Value Index funds
- Median 0.20%
4 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- BIWSiShares Russell Mid-Cap Value ETFExpense ratio 0.23%1 year return +23.4%
- BIWXiShares Russell Top 200 Value ETFExpense ratio 0.20%1 year return +32.1%
- BJVALJPMorgan U.S. Value Factor ETFExpense ratio 0.12%1 year return +29.5%
- BVIOVVanguard S&P Small-Cap 600 Value ETFExpense ratio 0.10%1 year return +23.8%
- BDFUVDimensional - US Marketwide Value ETFExpense ratio 0.21%1 year return +30.3%