Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) belongs to the Small Cap Blend Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VSMSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VSMSX
VSMSX charges 0.08% annually. There are 8 mutual funds in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Index Fund | 0.03% | — | Sep 2011 | VSMSX vs FSSNX | |
| Vanguard Small-Cap Index Fund Institutional Plus S... | 0.03% | — | Dec 2010 | VSMSX vs VSCPX | |
| Vanguard Small-Cap Index Fund Institutional Shares | 0.04% | 182.70B | Jul 1997 | VSMSX vs VSCIX | |
| Schwab Small-Cap Index Fund-Select Shares | 0.04% | 7.66B | May 1997 | VSMSX vs SWSSX | |
| Vanguard Small-Cap Index Fund Admiral Shares | 0.05% | 182.70B | Nov 2000 | VSMSX vs VSMAX |
Best Risk-Adjusted Alternatives to VSMSX
VSMSX has a PortfoliosLab risk / return rank of 68. There are 72 mutual funds in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Keeley Small Cap Fund Class Institutional | 94 | — | Apr 1997 | VSMSX vs WWSIX | |
| TETON Westwood SmallCap Equity Fund | 94 | — | Apr 1997 | VSMSX vs WESCX | |
| MainStay WMC Small Companies Fund | 93 | — | Jan 1987 | VSMSX vs MOPIX | |
| River Oak Discovery Fund | 92 | — | Jun 2005 | VSMSX vs RIVSX | |
| Royce Micro Cap Series Fund | 90 | — | Dec 1991 | VSMSX vs RYOTX |
Top Performing VSMSX Alternatives (YTD)
VSMSX is at 19.77% YTD. There are 91 mutual funds in the Small Cap Blend Equities category with higher YTD returns, going as high as 40.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Royce Micro Cap Series Fund | 40.27% | — | Dec 1991 | VSMSX vs RYOTX | |
| Paradigm Micro-cap Fund | 36.98% | — | Dec 2007 | VSMSX vs PVIVX | |
| River Oak Discovery Fund | 34.51% | — | Jun 2005 | VSMSX vs RIVSX | |
| Hodges Small Cap Fund | 34.04% | — | Dec 2007 | VSMSX vs HDPSX | |
| Harbor Small Cap Value Fund | 33.41% | — | Dec 2001 | VSMSX vs HASCX |
Lowest Volatility Alternatives to VSMSX
VSMSX has 17.80% 1-year volatility. There are 65 mutual funds in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 13.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Hennessy Cornerstone Growth Fund | 13.52% | — | Nov 1996 | VSMSX vs HFCGX | |
| DFA International Small Company Portfolio | 14.12% | — | Sep 1996 | VSMSX vs DFISX | |
| Copeland SMID Cap Dividend Growth Fund | 14.69% | — | Feb 2017 | VSMSX vs CSMDX | |
| DWS Small Cap Core Fund | 14.87% | — | Jul 2000 | VSMSX vs SSLCX | |
| Boston Trust Small Cap Fund | 15.22% | — | — | VSMSX vs BOSOX |
Lowest Drawdown Alternatives to VSMSX
VSMSX has a 1-year max drawdown of -8.69%. There are 11 mutual funds in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -7.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Voya Index Plus SmallCap Portfolio | -7.63% | — | Dec 1997 | VSMSX vs IPSIX | |
| Hennessy Cornerstone Growth Fund | -7.82% | — | Nov 1996 | VSMSX vs HFCGX | |
| Vanguard Strategic Small-Cap Equity Fund | -8.08% | 2.90B | Apr 2006 | VSMSX vs VSTCX | |
| DFA U.S. Micro Cap Portfolio | -8.17% | — | Dec 1981 | VSMSX vs DFSCX | |
| Sit Small Cap Dividend Growth Fund | -8.22% | — | Mar 2015 | VSMSX vs SSCDX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VSMSX
Investors most often compare VSMSX with VIOO, VSPMX, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare VSMSX with Any Fund or Stock
Compare VSMSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VSMSX with funds that move differently
Vanguard S&P Small-Cap 600 Index Fund Institutional Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VSMSX.
Explore VSMSX Diversifiers