Vanguard Morningstar Value ETF
$220.99−0.68 (−0.30%)
- Expense ratio
- 0.03%
- Fund size
- $262.4B
- 1Y return
- +21.8%
- Yield · Last 12 months
- 1.85%
- Holdings
- 331
- Volume · 30D
- 2.7M sh
- NAV per share
- $221.60
- 52W range
The ETF.net VTV Grade
Score 82 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 95Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 90Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 80Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 89Category rank
Our read on VTV
AValue investing for three cents on every hundred dollars a year. Since 2004, VTV has run a passive, fully invested portfolio of roughly 300 large US companies that screen cheap, at a fee near the industry floor.
The fund seeks to track a large-capitalization U.S. value-stock benchmark through passive indexing and substantial replication of that index.
Why people hold it
- 0.03% a year, about a sixth of the 0.18% median for US value funds. Cost is the part of the outcome the fund actually controls.
- Same recipe, very different sticker: PRXV tracks the same declared value index and charges 0.36%, twelve times VTV's fee.
- Passively managed, full replication, fully invested. No manager hunches, no cash sitting idle, and the fund has tracked its benchmark closely.fund-docs.vanguard.com
- One of the largest and most actively traded funds in the US value aisle, the kind of scale that keeps bid-ask spreads thin for ordinary orders.
Worth knowing
- Large caps only, about 300 of them. Cheap mid- and small-cap stocks live in separate funds (VOE, VTWV), so this is one slice of value, not the whole market.
- It is a value screen by design, so the priciest fast growers are largely filtered out. In growth-led stretches it can move very differently from a total-market fund.
- Income arrives quarterly, in four instalments rather than a monthly drip.
VTV Holdings
- Stocks
- 331
- 23%
- MU
Sectors
- Financials23.3%
- Health Care16.1%
- Technology14.1%
- Industrials13.3%
- Cons. Staples8.6%
- Energy8.1%
- Utilities4.4%
- Consumer Discr.3.7%
- Materials3.1%
- Communication3.0%
- Real Estate2.5%
Geography
- United States95.52%
- Ireland2.77%
- United Kingdom0.94%
- Switzerland0.60%
- Bermuda0.12%
- Netherlands0.03%
- Canada0.01%
VTV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VTV$12,179
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 | VTV |
|---|---|
| Year to date | +17.3% |
| 1 month | −2.1% |
| 3 months | +1.9% |
| 1 year | +21.8% |
| 3 years | +19.1% |
| 5 years | +12.8% |
| 10 years | +12.5% |
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 | VTV |
|---|---|---|
| 2026 YTD | +17.3% | |
| 2025 | +15.3% | |
| 2024 | +15.9% | |
| 2023 | +9.3% | |
| 2022 | −2.1% | |
| 2021 | +26.5% | |
| 2020 | +2.3% |
VTV in the news
VTV Dividends
- 1.85%
- $4.09
- $1.08 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jun 30, 2026 | $1.08 |
| Mar 27, 2026 | Mar 31, 2026 | $1.08 |
| Dec 22, 2025 | Dec 24, 2025 | $0.99 |
| Sep 29, 2025 | Oct 1, 2025 | $0.94 |
| Jun 30, 2025 | Jul 2, 2025 | $0.96 |
| Mar 27, 2025 | Mar 31, 2025 | $1.01 |
| Dec 23, 2024 | Dec 26, 2024 | $0.98 |
| Sep 26, 2024 | Sep 30, 2024 | $0.91 |
| Jun 27, 2024 | Jul 1, 2024 | $1.01 |
| Mar 21, 2024 | Mar 26, 2024 | $1.01 |
| Dec 21, 2023 | Dec 27, 2023 | $1.03 |
| Sep 21, 2023 | Sep 26, 2023 | $0.90 |
VTV Risk
- 11.3%
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.
- 1.19
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.
- −17.0%
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.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VTV Cost
0.03%
VTV0.03%
- The middle half of US Value Index funds
- Median 0.20%
1 of the 41 US Value Index funds charge less.