Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) Sharpe Ratio: 1.86

VSIIX's Sharpe Ratio of 1.86 indicates that for each unit of volatility, it generates 1.86 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 27, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

VSIIX Sharpe Ratio Rank

Above Average

VSIIX ranks above 62.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Above-average risk-adjusted returns with room for improvement
Compare against category peers to gauge relative positioning
Monitor for movement toward top tier or decline toward median
Consider pairing with top-tier holdings to improve portfolio efficiency

VSIIX Sharpe Ratio Market Positioning

The chart shows VSIIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 1.20 or lower
Yellow zone (middle 50%): 1.20 to 2.14
Green zone (top 25%): 2.14 or higher
Top 1%: 4.02+
Median: 1.74 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Vanguard Small-Cap Value Index Fund Institutional Shares's Sharpe Ratio with other mutual funds in the Small Cap Value Equities category across multiple time periods, showing how VSIIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 27, 2026.

Symbol	Name	1Y Sharpe Ratio
MMEYX	Victory Integrity Discovery Fund	2.88
TSLTX	Transamerica Small Cap Value	2.87
WSCVX	Walthausen Small Cap Value Fund	2.84
AVALX	Aegis Value Fund	2.76
FESCX	First Eagle Small Cap Opportunity Fund	2.75
ICISX	VY Columbia Small Cap Value II Portfolio	2.70
VSCAX	Invesco Small Cap Value Fund	2.68
BSCMX	Brandes Small Cap Value Fund	2.61
GSITX	Goldman Sachs Small Cap Value Insights Fund	2.58
TASVX	PGIM Quant Solutions Small-Cap Value Fund	2.58
VSIIX	Vanguard Small-Cap Value Index Fund Institutional Shares	1.86

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Historical Sharpe Ratio

The chart shows VSIIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when VSIIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does VSIIX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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