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Vanguard Small-Cap Index Fund Admiral Shares (VSMA...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS9229086866
CUSIP922908686
IssuerVanguard
Inception DateNov 13, 2000
RegionNorth America (U.S.)
CategorySmall Cap Blend Equities
Home Pageadvisors.vanguard.com
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

VSMAX has an expense ratio of 0.05%, which is considered low compared to other funds.


Expense ratio chart for VSMAX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Vanguard Small-Cap Index Fund Admiral Shares

Popular comparisons: VSMAX vs. VIMAX, VSMAX vs. VSGAX, VSMAX vs. FSSNX, VSMAX vs. VBR, VSMAX vs. VOO, VSMAX vs. IWM, VSMAX vs. VTMSX, VSMAX vs. IJR, VSMAX vs. VTTVX, VSMAX vs. VTTSX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard Small-Cap Index Fund Admiral Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%300.00%400.00%500.00%600.00%700.00%FebruaryMarchAprilMayJuneJuly
694.82%
298.06%
VSMAX (Vanguard Small-Cap Index Fund Admiral Shares)
Benchmark (^GSPC)

S&P 500

Returns By Period

Vanguard Small-Cap Index Fund Admiral Shares had a return of 7.17% year-to-date (YTD) and 11.89% in the last 12 months. Over the past 10 years, Vanguard Small-Cap Index Fund Admiral Shares had an annualized return of 8.73%, while the S&P 500 had an annualized return of 10.77%, indicating that Vanguard Small-Cap Index Fund Admiral Shares did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date7.17%15.41%
1 month4.45%0.33%
6 months10.06%13.74%
1 year11.89%21.39%
5 years (annualized)9.30%13.11%
10 years (annualized)8.73%10.77%

Monthly Returns

The table below presents the monthly returns of VSMAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.63%5.81%4.36%-6.54%3.96%-1.34%7.17%
202310.13%-2.28%-3.62%-1.17%-1.98%8.72%4.95%-3.70%-5.62%-5.82%9.19%10.27%18.17%
2022-7.91%0.86%1.48%-8.24%-0.03%-9.39%10.57%-2.60%-9.57%9.92%4.43%-5.93%-17.61%
20212.20%6.14%1.61%4.04%0.07%1.43%-1.44%1.97%-3.11%4.91%-4.33%3.49%17.74%
2020-2.03%-8.67%-21.87%14.64%7.74%2.54%4.51%4.07%-2.72%2.01%16.02%7.39%19.06%
201911.85%4.82%-0.90%3.61%-7.25%7.05%1.27%-4.01%1.38%1.61%4.15%2.19%27.36%
20182.85%-4.07%1.14%0.34%5.08%0.72%1.84%4.49%-1.54%-10.08%2.17%-11.12%-9.33%
20171.57%2.37%-0.24%0.85%-1.12%2.24%1.11%-0.94%4.41%1.55%3.10%0.39%16.24%
2016-7.65%0.92%8.37%1.74%1.93%0.26%5.07%0.64%0.41%-4.10%8.60%1.87%18.30%
2015-2.15%5.84%1.20%-1.69%2.03%-0.87%-0.29%-5.82%-4.51%5.70%1.83%-4.20%-3.64%
2014-2.05%5.07%-0.32%-2.31%1.17%5.00%-4.94%5.00%-5.32%4.49%0.99%1.26%7.51%
20136.35%1.36%4.69%0.16%3.63%-0.99%6.68%-3.17%5.71%3.28%2.72%2.60%37.83%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VSMAX is 26, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of VSMAX is 2626
VSMAX (Vanguard Small-Cap Index Fund Admiral Shares)
The Sharpe Ratio Rank of VSMAX is 2323Sharpe Ratio Rank
The Sortino Ratio Rank of VSMAX is 2424Sortino Ratio Rank
The Omega Ratio Rank of VSMAX is 2222Omega Ratio Rank
The Calmar Ratio Rank of VSMAX is 3535Calmar Ratio Rank
The Martin Ratio Rank of VSMAX is 2525Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


VSMAX
Sharpe ratio
The chart of Sharpe ratio for VSMAX, currently valued at 0.66, compared to the broader market-1.000.001.002.003.004.000.66
Sortino ratio
The chart of Sortino ratio for VSMAX, currently valued at 1.06, compared to the broader market0.005.0010.001.06
Omega ratio
The chart of Omega ratio for VSMAX, currently valued at 1.12, compared to the broader market1.002.003.004.001.12
Calmar ratio
The chart of Calmar ratio for VSMAX, currently valued at 0.45, compared to the broader market0.005.0010.0015.0020.000.45
Martin ratio
The chart of Martin ratio for VSMAX, currently valued at 1.89, compared to the broader market0.0020.0040.0060.0080.00100.001.89
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.82, compared to the broader market-1.000.001.002.003.004.001.82
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.59, compared to the broader market0.005.0010.002.59
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market1.002.003.004.001.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.45, compared to the broader market0.005.0010.0015.0020.001.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.82, compared to the broader market0.0020.0040.0060.0080.00100.006.82

Sharpe Ratio

The current Vanguard Small-Cap Index Fund Admiral Shares Sharpe ratio is 0.66. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Vanguard Small-Cap Index Fund Admiral Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
0.66
1.82
VSMAX (Vanguard Small-Cap Index Fund Admiral Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Small-Cap Index Fund Admiral Shares granted a 1.47% dividend yield in the last twelve months. The annual payout for that period amounted to $1.60 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.60$1.59$1.35$1.34$1.07$1.10$1.05$0.96$0.92$0.78$0.80$0.69

Dividend yield

1.47%1.56%1.54%1.24%1.14%1.39%1.67%1.35%1.49%1.48%1.43%1.31%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Small-Cap Index Fund Admiral Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.32$0.00$0.00$0.41$0.00$0.73
2023$0.00$0.00$0.36$0.00$0.00$0.36$0.00$0.00$0.35$0.00$0.00$0.52$1.59
2022$0.00$0.00$0.27$0.00$0.00$0.28$0.00$0.00$0.32$0.00$0.00$0.48$1.35
2021$0.00$0.00$0.27$0.00$0.00$0.27$0.00$0.00$0.28$0.00$0.00$0.52$1.34
2020$0.00$0.00$0.22$0.00$0.00$0.15$0.00$0.00$0.26$0.00$0.00$0.43$1.07
2019$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.22$0.00$0.00$0.43$1.10
2018$0.00$0.00$0.22$0.00$0.00$0.18$0.00$0.00$0.31$0.00$0.00$0.34$1.05
2017$0.00$0.00$0.20$0.00$0.00$0.13$0.00$0.00$0.26$0.00$0.00$0.37$0.96
2016$0.00$0.00$0.15$0.00$0.00$0.15$0.00$0.00$0.27$0.00$0.00$0.36$0.92
2015$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.46$0.00$0.00$0.30$0.78
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.80$0.80
2013$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.68$0.69

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-3.08%
-2.86%
VSMAX (Vanguard Small-Cap Index Fund Admiral Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Small-Cap Index Fund Admiral 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 Small-Cap Index Fund Admiral Shares was 59.68%, occurring on Mar 9, 2009. Recovery took 452 trading sessions.

The current Vanguard Small-Cap Index Fund Admiral Shares drawdown is 3.08%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.68%Jul 16, 2007415Mar 9, 2009452Dec 21, 2010867
-41.82%Feb 21, 202022Mar 23, 2020161Nov 9, 2020183
-36.62%Apr 17, 2002122Oct 9, 2002249Oct 7, 2003371
-28.38%May 2, 2011108Oct 3, 2011233Sep 6, 2012341
-28.14%Nov 9, 2021152Jun 16, 2022521Jul 16, 2024673

Volatility

Volatility Chart

The current Vanguard Small-Cap Index Fund Admiral Shares volatility is 4.86%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%FebruaryMarchAprilMayJuneJuly
4.86%
2.76%
VSMAX (Vanguard Small-Cap Index Fund Admiral Shares)
Benchmark (^GSPC)