- ISIN
- US9229083715
- CUSIP
- 922908371
- Issuer
- Vanguard
- Inception Date
- Jan 14, 2011
- Region
- North America (U.S.)
- Category
- Mid Cap Blend Equities
- Min. Investment
- $100,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $94B
Share Price Chart
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Performance
VEMPX Performance Chart
Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) is up 15.7% since the beginning of the year. VEMPX is currently trading at $451 per share. Investors who bought $1,000 worth of VEMPX shares 5 years ago would now be looking at an investment worth $1,401.
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Returns By Period
Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) has returned 15.71% so far this year and 30.65% over the past 12 months. Over the last ten years, VEMPX has returned 12.35% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard Extended Market Index Fund Institutional Plus Shares
- 1D
- 1.66%
- 1M
- 4.42%
- YTD
- 15.71%
- 6M
- 12.70%
- 1Y
- 30.65%
- 3Y*
- 19.15%
- 5Y*
- 6.97%
- 10Y*
- 12.35%
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%
VEMPX Monthly Returns History
Based on dividend-adjusted daily data since Dec 13, 2010, VEMPX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +18.3%, while the worst month was Mar 2020 at -21.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VEMPX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -14.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.39% | 1.07% | -4.58% | 9.94% | 4.47% | 2.02% | 15.71% | ||||||
| 2025 | 4.98% | -5.78% | -7.93% | -0.76% | 7.22% | 5.41% | 2.55% | 4.08% | 2.04% | 1.16% | -0.48% | -0.52% | 11.43% |
| 2024 | -3.58% | 6.05% | 3.34% | -6.47% | 3.36% | -0.10% | 6.19% | 0.24% | 1.55% | 0.61% | 11.96% | -7.05% | 15.50% |
| 2023 | 10.82% | -1.64% | -2.88% | -2.17% | 0.47% | 8.32% | 5.91% | -4.05% | -4.87% | -6.25% | 11.21% | 11.81% | 26.98% |
| 2022 | -10.09% | -0.01% | 0.86% | -10.57% | -2.23% | -9.26% | 10.29% | -2.09% | -9.92% | 8.56% | 3.59% | -6.52% | -26.45% |
| 2021 | 2.87% | 5.20% | -0.40% | 4.21% | -0.65% | 3.46% | -1.23% | 2.01% | -4.00% | 5.43% | -5.01% | 0.56% | 12.48% |
Benchmark Metrics
Vanguard Extended Market Index Fund Institutional Plus Shares has an annualized alpha of -1.57%, beta of 1.13, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since December 13, 2010.
- This fund participated in 113.79% of S&P 500 Index downside but only 108.66% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.13 and R2 of 0.84, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.57%
- Beta
- 1.13
- R²
- 0.84
- Upside Capture
- 108.66%
- Downside Capture
- 113.79%
Expense Ratio
VEMPX has an expense ratio of 0.04%, which is considered low.
Return for Risk
Risk / Return Rank
VEMPX ranks 47 for risk / return — on par with similar mutual funds. 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 Extended Market Index Fund Institutional Plus Shares (VEMPX) 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.
| VEMPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.78 | +0.20 |
| Martin ratioReturn relative to average drawdown | 10.46 | 12.44 | -1.98 |
Dividends
Dividend History
Vanguard Extended Market Index Fund Institutional Plus Shares provided a 1.01% dividend yield over the last twelve months, with an annual payout of $4.57 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.57 | $4.50 | $3.95 | $3.95 | $2.91 | $3.93 | $3.35 | $3.12 | $3.14 | $2.66 | $2.61 | $2.18 |
Dividend yield | 1.01% | 1.15% | 1.11% | 1.27% | 1.17% | 1.15% | 1.09% | 1.32% | 1.68% | 1.27% | 1.46% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Extended Market Index Fund Institutional Plus Shares. 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 | $1.24 | $0.00 | $0.00 | $0.00 | $1.24 | ||||||
| 2025 | $0.00 | $0.00 | $1.16 | $0.00 | $0.00 | $1.01 | $0.00 | $0.00 | $1.09 | $0.00 | $0.00 | $1.24 | $4.50 |
| 2024 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $1.05 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $1.10 | $3.95 |
| 2023 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.94 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $1.28 | $3.95 |
| 2022 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $1.28 | $2.91 |
| 2021 | $0.00 | $0.00 | $1.15 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $1.44 | $3.93 |
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 Extended Market Index Fund Institutional Plus Shares. 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 Extended Market Index Fund Institutional Plus Shares was 41.62%, occurring on Mar 18, 2020. Recovery took 112 trading sessions.
The current Vanguard Extended Market Index Fund Institutional Plus Shares drawdown is 0.12%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -41.62%Mar 2020 | 26d | 5mo 11d | 6mo 7dFeb 2020 - Aug 2020 |
Bear market2022 | -36.32%Jun 2022 | 7mo 9d | 2y 4mo | 2y 12moNov 2021 - Nov 2024 |
2011 bear market2011 | -27.62%Oct 2011 | 5mo 4d | 11mo 16d | 1y 4moMay 2011 - Sep 2012 |
2025 selloff2025 | -26.83%Apr 2025 | 4mo 4d | 4mo 21d | 8mo 25dDec 2024 - Aug 2025 |
2016 bear market2016 | -24.94%Feb 2016 | 7mo 22d | 9mo 8d | 1y 4moJun 2015 - Nov 2016 |
Drawdown Indicators
| VEMPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -56.78% | +15.16% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | -9.10% | -1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -26.83% | -18.90% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -36.32% | -25.43% | -10.89% |
Max Drawdown (10Y)Largest decline over 10 years | -41.62% | -33.92% | -7.70% |
Current DrawdownCurrent decline from peak | -0.12% | -1.80% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -10.71% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.03% | +0.88% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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