- ISIN
- US9229087518
- CUSIP
- 922908751
- Issuer
- Vanguard
- Inception Date
- Jan 26, 2004
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- CRSP US Small Cap Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $183B
Share Price Chart
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Performance
VB Performance Chart
Vanguard Small-Cap ETF (VB) is up 15.7% since the beginning of the year. VB is currently trading at $297 per share. Investors who bought $1,000 worth of VB shares 5 years ago would now be looking at an investment worth $1,428.
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Returns By Period
Vanguard Small-Cap ETF (VB) has returned 15.68% so far this year and 30.17% over the past 12 months. Over the last ten years, VB has returned 11.79% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard Small-Cap ETF
- 1D
- 0.26%
- 1M
- 2.83%
- YTD
- 15.68%
- 6M
- 13.00%
- 1Y
- 30.17%
- 3Y*
- 17.54%
- 5Y*
- 7.39%
- 10Y*
- 11.79%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VB Monthly Returns History
Based on dividend-adjusted daily data since Jan 30, 2004, VB's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +18.7%, while the worst month was Mar 2020 at -22.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VB closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.2%, while the worst single day was Mar 16, 2020 at -13.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.63% | 2.68% | -5.13% | 8.58% | 3.21% | 1.28% | 15.68% | ||||||
| 2025 | 3.90% | -4.83% | -6.29% | -2.53% | 5.57% | 4.20% | 1.93% | 4.53% | 1.02% | 0.28% | 1.47% | 0.04% | 8.87% |
| 2024 | -2.70% | 5.77% | 4.42% | -6.47% | 3.98% | -1.53% | 7.04% | 0.01% | 1.93% | -0.66% | 10.55% | -7.42% | 14.17% |
| 2023 | 10.16% | -2.30% | -3.63% | -1.19% | -1.97% | 8.74% | 4.96% | -3.70% | -5.59% | -5.83% | 9.20% | 10.29% | 18.22% |
| 2022 | -7.88% | 0.86% | 1.46% | -8.22% | -0.04% | -9.37% | 10.61% | -2.61% | -9.57% | 9.91% | 4.39% | -5.84% | -17.51% |
| 2021 | 2.01% | 6.17% | 1.81% | 3.93% | 0.04% | 1.46% | -1.48% | 1.96% | -3.12% | 4.95% | -4.29% | 3.40% | 17.57% |
Benchmark Metrics
Vanguard Small-Cap ETF has an annualized alpha of 0.81%, beta of 1.10, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 30, 2004.
- This ETF captured 119.13% of S&P 500 Index gains and 113.08% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.10 and R2 of 0.84, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.81%
- Beta
- 1.10
- R²
- 0.84
- Upside Capture
- 119.13%
- Downside Capture
- 113.08%
Expense Ratio
VB has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
VB ranks 60 for risk / return — better than 60% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Small-Cap ETF (VB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 2.78 | +0.59 |
| Martin ratioReturn relative to average drawdown | 12.38 | 12.44 | -0.05 |
Dividends
Dividend History
Vanguard Small-Cap ETF provided a 1.18% dividend yield over the last twelve months, with an annual payout of $3.50 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.50 | $3.44 | $3.13 | $3.32 | $2.91 | $2.80 | $2.23 | $2.31 | $2.20 | $2.00 | $1.93 | $1.64 |
Dividend yield | 1.18% | 1.33% | 1.30% | 1.55% | 1.59% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.50% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Small-Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.00 | $0.98 | ||||||
| 2025 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.93 | $3.44 |
| 2024 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.90 | $3.13 |
| 2023 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $1.08 | $3.32 |
| 2022 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $1.10 | $2.91 |
| 2021 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $1.09 | $2.80 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Small-Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Small-Cap ETF was 59.56%, occurring on Mar 9, 2009. Recovery took 451 trading sessions.
The current Vanguard Small-Cap ETF drawdown is 0.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -59.56%Mar 2009 | 1y 7mo | 1y 9mo | 3y 5moJul 2007 - Dec 2010 |
COVID crash2020 | -42.05%Mar 2020 | 1mo 1d | 7mo 21d | 8mo 22dFeb 2020 - Nov 2020 |
2011 bear market2011 | -28.30%Oct 2011 | 5mo 4d | 11mo 9d | 1y 4moMay 2011 - Sep 2012 |
Bear market2022 | -28.15%Jun 2022 | 7mo 9d | 2y 1mo | 2y 8moNov 2021 - Jul 2024 |
2025 selloff2025 | -25.36%Apr 2025 | 4mo 13d | 5mo 13d | 9mo 26dNov 2024 - Sep 2025 |
Drawdown Indicators
| VB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.56% | -56.78% | -2.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.98% | -9.10% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -25.36% | -18.90% | -6.46% |
Max Drawdown (5Y)Largest decline over 5 years | -28.15% | -25.43% | -2.72% |
Max Drawdown (10Y)Largest decline over 10 years | -42.05% | -33.92% | -8.13% |
Current DrawdownCurrent decline from peak | -0.39% | -1.80% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -10.71% | +2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.03% | +0.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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