Vanguard S&P Small-Cap 600 Value ETF
$111.49+0.52 (+0.47%)
- 0.10%
- $2.0B
- +23.8%
- 1.69%
- 0.1M sh
- $110.92
- low $90.04high $121.01
The ETF.net VIOV Grade
B
Score 65 out of 100
- 12 of 40
Score 65 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.A79 out of 100Rank 9 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 11 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F19 out of 100Rank 37 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 24 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 10 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 8 of 40
Our read on VIOV
BVanguard's small-cap value corner: the value slice of the S&P Small-Cap 600, held in full, for 0.10% a year. Same narrow job, same low price, since 2010.
The ETF seeks to track the S&P Small-Cap 600 Value Index using passive full replication and remains fully invested.
Why people hold it
- 0.10% a year, roughly half the median fee among US value ETFs. On a small-cap portfolio, that gap compounds quietly in your favor.
- Full replication, not sampling: it owns about 500 stocks and stays fully invested, and it has tracked its index very tightly.
- Live since 2010 and now a billion-dollar-plus fund, with Vanguard's index plumbing behind it. No exotic wrapper, just a 1940 Act ETF.
- One pure job, clearly stated: US small-cap value, advertised as such in the prospectus. Nothing hidden in the engine room.fund-docs.vanguard.com
Worth knowing
- Thinly traded next to the giants of the value aisle. Spreads can run wider, which matters more on big or hurried orders than on small ones.
- Small-cap value is the choppy end of the value shelf. Expect deeper swings than large-cap value funds like VTV or SCHV.
- Income arrives quarterly, not monthly, and this is a total-market-value sleeve rather than a yield product.
VIOV Holdings
- Stocks
- 466
- 9%
- PAYC
Sectors
- Financials20.5%
- Consumer Discretionary14.8%
- Technology12.7%
- Industrials12.7%
- Real Estate8.1%
- Energy7.1%
- Health Care6.8%
- Materials6.0%
- Consumer Staples5.3%
- Communication3.9%
- Utilities2.0%
Geography
- United States97.95%
- Bermuda0.52%
- Singapore0.45%
- Ireland0.38%
- Switzerland0.36%
- Puerto Rico0.13%
- Cayman Islands0.11%
- Israel0.09%
VIOV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VIOV$12,385
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 | VIOV |
|---|---|
| Year to date | +14.9% |
| 1 month | −3.6% |
| 3 months | −3.8% |
| 1 year | +23.8% |
| 3 years | +16.4% |
| 5 years | +6.5% |
| 10 years | +9.6% |
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 | VIOV |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +6.6% | |
| 2024 | +7.4% | |
| 2023 | +15.3% | |
| 2022 | −11.4% | |
| 2021 | +30.6% | |
| 2020 | +2.8% |
VIOV in the news
Category Review
US multifactor funds ran 30 points apart
VIOV Dividends
- 1.69%
- $1.88
- $0.45 per share
- Quarterly
Distribution history
VIOV Risk
- 19.5%
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.
- 0.58
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.
- −28.4%
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.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VIOV Cost
0.10%
VIOV0.10%
- The middle half of US Value Index funds
- Median 0.20%
8 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- BVBRVanguard Morningstar Small-Cap Value ETFExpense ratio 0.05%1 year return +18.8%
- BJVALJPMorgan U.S. Value Factor ETFExpense ratio 0.12%1 year return +29.5%
- BDFUVDimensional - US Marketwide Value ETFExpense ratio 0.21%1 year return +30.3%
- BRAUSRACWI US ETFExpense ratio 0.01%1 year return +21.8%
- BFELVFidelity Enhanced Large Cap Value ETF Expense ratio 0.18%1 year return +31.8%