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ISIN
US92204A4058
CUSIP
92204A405
Issuer
Vanguard
Inception Date
Jan 26, 2004
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
MSCI US Investable Market Financials 25/50 Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$14B

Share Price Chart


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Performance

VFH Performance Chart

Vanguard Financials ETF (VFH) is down 0.7% since the beginning of the year. VFH is currently trading at $132 per share. Investors who bought $1,000 worth of VFH shares 5 years ago would now be looking at an investment worth $1,632.


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S&P 500 Index

Returns By Period

Vanguard Financials ETF (VFH) has returned -0.69% so far this year and 9.84% over the past 12 months. Over the last ten years, VFH has had an annualized return of 13.46%, just under the S&P 500 Index benchmark’s 13.88%.


Vanguard Financials ETF

1D
0.54%
1M
3.75%
YTD
-0.69%
6M
-1.93%
1Y
9.84%
3Y*
20.85%
5Y*
10.29%
10Y*
13.46%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VFH Monthly Returns History

Based on dividend-adjusted daily data since Jan 30, 2004, VFH's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +19.2%, while the worst month was Jan 2009 at -23.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, VFH closed higher 52% of trading days. The best single day was Mar 23, 2009 with a return of +16.1%, while the worst single day was Dec 1, 2008 at -16.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-1.95%-4.07%-3.48%6.12%-1.20%4.33%-0.69%
20256.61%0.18%-4.86%-2.31%5.29%3.99%0.38%3.28%-0.24%-2.83%1.94%3.21%14.91%
20241.86%4.20%4.96%-4.62%3.43%-0.66%7.02%3.70%-0.35%3.02%11.45%-5.93%30.44%
20237.83%-2.07%-10.32%2.17%-3.95%6.87%6.02%-3.05%-3.20%-2.90%11.44%6.78%14.17%
2022-0.57%-1.32%-1.01%-10.13%3.51%-10.68%7.45%-1.94%-7.89%12.14%6.13%-5.94%-12.31%
2021-1.52%11.76%5.87%6.27%4.13%-2.86%-0.29%5.11%-1.70%7.56%-5.35%2.93%35.22%

Benchmark Metrics

Vanguard Financials ETF has an annualized alpha of -2.35%, beta of 1.21, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since January 30, 2004.

  • This ETF participated in 117.64% of S&P 500 Index downside but only 108.58% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -2.35% versus S&P 500 Index - delivering less than market exposure alone would predict.

Alpha
-2.35%
Beta
1.21
0.74
Upside Capture
108.58%
Downside Capture
117.64%

Expense Ratio

VFH has an expense ratio of 0.09%, which is considered low.


Return for Risk

Risk / Return Rank

VFH ranks 18 for risk / return — in the bottom 18% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


VFH Risk / Return Rank: 1818
Overall Rank
VFH Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
VFH Sortino Ratio Rank: 1818
Sortino Ratio Rank
VFH Omega Ratio Rank: 1818
Omega Ratio Rank
VFH Calmar Ratio Rank: 1616
Calmar Ratio Rank
VFH Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Vanguard Financials ETF (VFH) 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.


VFHBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.37

Sortino ratioReturn per unit of downside risk

-1.77

Omega ratioGain probability vs. loss probability

1.12

1.37

-0.24

Calmar ratioReturn relative to maximum drawdown

0.67

2.78

-2.11

Martin ratioReturn relative to average drawdown

1.74

12.44

-10.70

Dividends

Dividend History

Vanguard Financials ETF provided a 1.47% dividend yield over the last twelve months, with an annual payout of $1.94 per share. The fund has been increasing its distributions for 5 consecutive years.


1.60%1.80%2.00%2.20%2.40%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.94$2.08$2.07$1.92$1.91$1.81$1.61$1.66$1.36$1.07$0.97$0.97

Dividend yield

1.47%1.55%1.75%2.08%2.31%1.87%2.21%2.17%2.30%1.53%1.63%2.00%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Financials ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.38$0.00$0.00$0.00$0.38
2025$0.00$0.00$0.51$0.00$0.00$0.47$0.00$0.00$0.42$0.00$0.00$0.67$2.08
2024$0.00$0.00$0.40$0.00$0.00$0.46$0.00$0.00$0.55$0.00$0.00$0.66$2.07
2023$0.00$0.00$0.44$0.00$0.00$0.44$0.00$0.00$0.50$0.00$0.00$0.54$1.92
2022$0.00$0.00$0.41$0.00$0.00$0.41$0.00$0.00$0.47$0.00$0.00$0.62$1.91
2021$0.00$0.00$0.38$0.00$0.00$0.37$0.00$0.00$0.54$0.00$0.00$0.51$1.81

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 Financials 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 Financials ETF was 78.61%, occurring on Mar 6, 2009. Recovery took 1937 trading sessions.

The current Vanguard Financials ETF drawdown is 3.71%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-78.61%Mar 2009
1y 9mo7y 8mo
9y 5moJun 2007 - Nov 2016
COVID crash2020
-44.42%Mar 2020
1mo 4d9mo 19d
10mo 23dFeb 2020 - Jan 2021
Bear market2022
-25.66%Sep 2022
8mo 20d1y 4mo
2y 1moJan 2022 - Feb 2024
Rate-hike selloffLate 2018
-24.31%Dec 2018
10mo 29d10mo 12d
1y 9moJan 2018 - Nov 2019
2025 selloff2025
-17.30%Apr 2025
1mo 18d2mo 23d
4mo 11dFeb 2025 - Jun 2025

Drawdown Indicators


VFHBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-78.61%

-56.78%

-21.83%

Max Drawdown (1Y)

Largest decline over 1 year

-14.75%

-9.10%

-5.65%

Max Drawdown (3Y)

Largest decline over 3 years

-17.30%

-18.90%

+1.60%

Max Drawdown (5Y)

Largest decline over 5 years

-25.66%

-25.43%

-0.23%

Max Drawdown (10Y)

Largest decline over 10 years

-44.42%

-33.92%

-10.50%

Current Drawdown

Current decline from peak

-3.71%

-1.80%

-1.91%

Average Drawdown

Average peak-to-trough decline

-18.51%

-10.71%

-7.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.67%

2.03%

+3.64%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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