- ISIN
- US9229085959
- CUSIP
- 922908595
- Issuer
- Vanguard
- Inception Date
- Jan 26, 2004
- Region
- North America (U.S.)
- Category
- Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- CRSP US Small Cap Growth Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $46B
Share Price Chart
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Performance
VBK Performance Chart
Vanguard Small-Cap Growth ETF (VBK) is up 18.6% since the beginning of the year. VBK is currently trading at $358 per share. Investors who bought $1,000 worth of VBK shares 5 years ago would now be looking at an investment worth $1,282.
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Returns By Period
Vanguard Small-Cap Growth ETF (VBK) has returned 18.61% so far this year and 33.39% over the past 12 months. Over the last ten years, VBK has returned 12.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard Small-Cap Growth ETF
- 1D
- 0.39%
- 1M
- 3.11%
- YTD
- 18.61%
- 6M
- 15.14%
- 1Y
- 33.39%
- 3Y*
- 18.20%
- 5Y*
- 5.09%
- 10Y*
- 12.20%
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%
VBK Monthly Returns History
Based on dividend-adjusted daily data since Jan 30, 2004, VBK's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +16.7%, while the worst month was Oct 2008 at -22.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VBK closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.7%, while the worst single day was Mar 16, 2020 at -13.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.55% | 2.38% | -5.52% | 10.82% | 6.16% | 0.66% | 18.61% | ||||||
| 2025 | 4.20% | -6.30% | -7.78% | -1.51% | 6.40% | 5.13% | 1.97% | 3.77% | 1.71% | 2.05% | 0.11% | -0.51% | 8.50% |
| 2024 | -2.90% | 8.01% | 2.98% | -7.29% | 3.52% | 0.13% | 4.51% | -0.01% | 2.40% | -0.20% | 13.05% | -7.03% | 16.50% |
| 2023 | 11.67% | -2.32% | -0.91% | -1.26% | -0.04% | 7.73% | 4.24% | -4.16% | -6.55% | -7.05% | 9.82% | 10.88% | 21.45% |
| 2022 | -12.83% | -0.31% | 1.32% | -11.03% | -2.85% | -8.02% | 11.71% | -2.39% | -9.00% | 7.04% | 2.71% | -6.31% | -28.44% |
| 2021 | 2.17% | 2.99% | -2.42% | 3.64% | -2.68% | 4.72% | -1.33% | 1.98% | -3.88% | 5.51% | -6.11% | 1.66% | 5.66% |
Benchmark Metrics
Vanguard Small-Cap Growth ETF has an annualized alpha of 0.86%, beta of 1.12, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since January 30, 2004.
- This ETF captured 122.11% of S&P 500 Index gains and 115.37% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.12 and R2 of 0.82, 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
- 0.86%
- Beta
- 1.12
- R²
- 0.82
- Upside Capture
- 122.11%
- Downside Capture
- 115.37%
Expense Ratio
VBK has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
VBK ranks 53 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Small-Cap Growth ETF (VBK) 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.
| VBK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.78 | +0.15 |
| Martin ratioReturn relative to average drawdown | 10.98 | 12.44 | -1.46 |
Dividends
Dividend History
Vanguard Small-Cap Growth ETF provided a 0.44% dividend yield over the last twelve months, with an annual payout of $1.58 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.58 | $1.64 | $1.50 | $1.64 | $1.10 | $1.02 | $1.18 | $1.14 | $1.19 | $1.31 | $1.44 | $1.19 |
Dividend yield | 0.44% | 0.54% | 0.54% | 0.68% | 0.55% | 0.36% | 0.44% | 0.57% | 0.79% | 0.82% | 1.08% | 0.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Small-Cap Growth 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 | $0.34 | $0.00 | $0.00 | $0.00 | $0.34 | ||||||
| 2025 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.39 | $1.64 |
| 2024 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.40 | $1.50 |
| 2023 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.62 | $1.64 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.47 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.37 | $1.02 |
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 Growth 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 Growth ETF was 58.68%, occurring on Mar 9, 2009. Recovery took 442 trading sessions.
The current Vanguard Small-Cap Growth ETF drawdown is 0.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.68%Mar 2009 | 1y 5mo | 1y 9mo | 3y 1moOct 2007 - Dec 2010 |
COVID crash2020 | -38.70%Mar 2020 | 26d | 4mo 13d | 5mo 9dFeb 2020 - Jul 2020 |
Bear market2022 | -38.39%Jun 2022 | 7mo 9d | 2y 5mo | 3y 17dNov 2021 - Nov 2024 |
2011 bear market2011 | -28.93%Oct 2011 | 2mo 27d | 11mo 10d | 1y 2moJul 2011 - Sep 2012 |
2025 selloff2025 | -27.54%Apr 2025 | 4mo 4d | 5mo 13d | 9mo 17dDec 2024 - Sep 2025 |
Drawdown Indicators
| VBK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.68% | -56.78% | -1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.44% | -9.10% | -2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -27.54% | -18.90% | -8.64% |
Max Drawdown (5Y)Largest decline over 5 years | -38.39% | -25.43% | -12.96% |
Max Drawdown (10Y)Largest decline over 10 years | -38.70% | -33.92% | -4.78% |
Current DrawdownCurrent decline from peak | -0.05% | -1.80% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -10.14% | -10.71% | +0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 2.03% | +1.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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