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 9 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 | 0.03% | 188.20B | Jul 1997 | VSMSX vs VSCIX | |
| Schwab Small-Cap Index Fund-Select Shares | 0.04% | 7.55B | May 1997 | VSMSX vs SWSSX | |
| Vanguard Tax-Managed Small-Cap Fund Admiral Shares | 0.05% | 11.50B | Mar 1999 | VSMSX vs VTMSX |
Best Risk-Adjusted Alternatives to VSMSX
VSMSX has a PortfoliosLab risk / return rank of 89. There are 19 mutual funds in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Glenmede Quantitative U.S. Small Cap Equity Portfo... | 97 | — | Nov 2017 | VSMSX vs GQSCX | |
| Keeley Small Cap Fund Class Institutional | 96 | — | Apr 1997 | VSMSX vs WWSIX | |
| TETON Westwood SmallCap Equity Fund | 96 | — | Apr 1997 | VSMSX vs WESCX | |
| MainStay WMC Small Companies Fund | 94 | — | Jan 1987 | VSMSX vs MOPIX | |
| Vanguard Strategic Small-Cap Equity Fund | 94 | 3.10B | Apr 2006 | VSMSX vs VSTCX |
Top Performing VSMSX Alternatives (YTD)
VSMSX is at 23.59% YTD. There are 31 mutual funds in the Small Cap Blend Equities category with higher YTD returns, going as high as 37.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Royce Micro Cap Series Fund | 37.56% | — | Dec 1991 | VSMSX vs RYOTX | |
| Paradigm Micro-cap Fund | 37.36% | — | Dec 2007 | VSMSX vs PVIVX | |
| River Oak Discovery Fund | 31.95% | — | Jun 2005 | VSMSX vs RIVSX | |
| Keeley Small Cap Fund Class Institutional | 31.53% | — | Apr 1997 | VSMSX vs WWSIX | |
| TETON Westwood SmallCap Equity Fund | 31.36% | — | Apr 1997 | VSMSX vs WESCX |
Lowest Volatility Alternatives to VSMSX
VSMSX has 17.36% 1-year volatility. There are 54 mutual funds in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 14.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Copeland SMID Cap Dividend Growth Fund | 14.41% | — | Feb 2017 | VSMSX vs CSMDX | |
| DFA International Small Company Portfolio | 14.46% | 16.04B | Sep 1996 | VSMSX vs DFISX | |
| Hennessy Cornerstone Growth Fund | 14.52% | — | Nov 1996 | VSMSX vs HFCGX | |
| FullerThaler Behavioral Small-Cap Equity Fund Clas... | 14.88% | — | Sep 2011 | VSMSX vs FTHSX | |
| Fuller & Thaler Behavioral Small-Cap Equity Fund | 14.89% | — | Sep 2011 | VSMSX vs FTHNX |
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% | 3.10B | Apr 2006 | VSMSX vs VSTCX | |
| DFA U.S. Micro Cap Portfolio | -8.17% | 7.86B | 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 10 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