- ISIN
- US9219328286
- CUSIP
- 921932828
- Issuer
- Vanguard
- Inception Date
- Sep 7, 2010
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P SmallCap 600 Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $6B
Share Price Chart
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Performance
VIOO Performance Chart
Vanguard S&P Small-Cap 600 ETF (VIOO) is up 19.7% since the beginning of the year. VIOO is currently trading at $133 per share. Investors who bought $1,000 worth of VIOO shares 5 years ago would now be looking at an investment worth $1,380.
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Returns By Period
Vanguard S&P Small-Cap 600 ETF (VIOO) has returned 19.73% so far this year and 36.99% over the past 12 months. Over the last ten years, VIOO has returned 11.35% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard S&P Small-Cap 600 ETF
- 1D
- 0.05%
- 1M
- 4.59%
- YTD
- 19.73%
- 6M
- 16.79%
- 1Y
- 36.99%
- 3Y*
- 16.33%
- 5Y*
- 6.65%
- 10Y*
- 11.35%
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%
VIOO Monthly Returns History
Based on dividend-adjusted daily data since Sep 9, 2010, VIOO's average daily return is +0.06%, while the average monthly return is +1.13%. At this rate, an investment would double in approximately 5.1 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +18.2%, while the worst month was Mar 2020 at -22.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VIOO closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.7%, while the worst single day was Mar 16, 2020 at -13.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.65% | 2.07% | -4.04% | 10.35% | 1.15% | 3.64% | 19.73% | ||||||
| 2025 | 2.81% | -5.73% | -6.09% | -4.33% | 5.40% | 4.02% | 1.02% | 7.07% | 0.90% | -0.84% | 2.79% | -0.14% | 6.04% |
| 2024 | -4.09% | 3.36% | 3.22% | -5.66% | 5.05% | -2.38% | 11.08% | -1.55% | 0.73% | -2.52% | 10.90% | -7.98% | 8.48% |
| 2023 | 9.53% | -1.25% | -5.27% | -2.74% | -1.64% | 8.18% | 5.47% | -4.12% | -5.95% | -5.84% | 8.41% | 12.82% | 16.16% |
| 2022 | -7.34% | 1.45% | 0.26% | -7.84% | 1.89% | -8.57% | 10.14% | -4.37% | -9.84% | 12.38% | 3.92% | -6.68% | -16.26% |
| 2021 | 6.25% | 7.80% | 3.51% | 1.80% | 2.09% | 0.35% | -2.52% | 2.03% | -2.32% | 3.32% | -2.25% | 4.51% | 26.79% |
Benchmark Metrics
Vanguard S&P Small-Cap 600 ETF has an annualized alpha of -0.28%, beta of 1.05, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since September 09, 2010.
- This ETF participated in 109.59% of S&P 500 Index downside but only 105.86% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.05 and R2 of 0.71, 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
- -0.28%
- Beta
- 1.05
- R²
- 0.71
- Upside Capture
- 105.86%
- Downside Capture
- 109.59%
Expense Ratio
VIOO has an expense ratio of 0.07%, which is considered low.
Return for Risk
Risk / Return Rank
VIOO ranks 71 for risk / return — better than 71% 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 S&P Small-Cap 600 ETF (VIOO) 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.
| VIOO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | 2.78 | +1.45 |
| Martin ratioReturn relative to average drawdown | 14.31 | 12.44 | +1.87 |
Dividends
Dividend History
Vanguard S&P Small-Cap 600 ETF provided a 1.13% dividend yield over the last twelve months, with an annual payout of $1.51 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.51 | $1.57 | $1.46 | $1.31 | $1.22 | $0.91 | $1.04 | $0.83 | $0.77 | $0.66 | $0.62 |
Dividend yield | 1.13% | 1.36% | 1.48% | 1.47% | 1.51% | 1.16% | 1.09% | 1.37% | 1.32% | 1.11% | 1.06% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard S&P Small-Cap 600 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.51 | $1.51 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 | $1.57 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.46 | $1.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $1.22 |
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 S&P Small-Cap 600 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 S&P Small-Cap 600 ETF was 44.15%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Vanguard S&P Small-Cap 600 ETF drawdown is 0.12%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -44.15%Mar 2020 | 1y 6mo | 8mo 6d | 2y 2moSep 2018 - Nov 2020 |
2025 selloff2025 | -27.93%Apr 2025 | 4mo 13d | 8mo 7d | 1y 15dNov 2024 - Dec 2025 |
Bear market2022 | -26.49%Sep 2022 | 10mo 22d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
2011 bear market2011 | -24.95%Oct 2011 | 2mo 24d | 4mo 3d | 6mo 27dJul 2011 - Feb 2012 |
2016 bear market2016 | -20.01%Feb 2016 | 7mo 22d | 5mo 1d | 1y 18dJun 2015 - Jul 2016 |
Drawdown Indicators
| VIOO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.15% | -56.78% | +12.63% |
Max Drawdown (1Y)Largest decline over 1 year | -8.77% | -9.10% | +0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -27.93% | -18.90% | -9.03% |
Max Drawdown (5Y)Largest decline over 5 years | -27.93% | -25.43% | -2.50% |
Max Drawdown (10Y)Largest decline over 10 years | -44.15% | -33.92% | -10.23% |
Current DrawdownCurrent decline from peak | -0.12% | -1.80% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -10.71% | +3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 2.03% | +0.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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