- ISIN
- US9229086783
- CUSIP
- 922908678
- Issuer
- Vanguard
- Inception Date
- Nov 13, 2000
- Region
- North America (U.S.)
- Category
- Large Cap Value Equities
- Min. Investment
- $3,000
- Index Tracked
- CRSP US Large Cap Value Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $245B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
VVIAX Performance Chart
Vanguard Value Index Fund Admiral Shares (VVIAX) is up 15.1% since the beginning of the year. VVIAX is currently trading at $85 per share. Investors who bought $1,000 worth of VVIAX shares 5 years ago would now be looking at an investment worth $1,802.
Loading charts...
Returns By Period
Vanguard Value Index Fund Admiral Shares (VVIAX) has returned 15.10% so far this year and 27.88% over the past 12 months. Over the last ten years, VVIAX has returned 13.00% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.
Vanguard Value Index Fund Admiral Shares
- 1D
- 0.97%
- 1M
- 3.70%
- YTD
- 15.10%
- 6M
- 14.54%
- 1Y
- 27.88%
- 3Y*
- 18.86%
- 5Y*
- 12.50%
- 10Y*
- 13.00%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
VVIAX Monthly Returns History
Based on dividend-adjusted daily data since Nov 13, 2000, VVIAX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +12.9%, while the worst month was Oct 2008 at -16.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VVIAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.59% | 3.77% | -4.82% | 5.37% | 2.44% | 3.22% | 15.10% | ||||||
| 2025 | 4.39% | 0.78% | -2.46% | -3.53% | 2.91% | 3.64% | 0.17% | 3.45% | 2.33% | -0.43% | 2.57% | 0.80% | 15.27% |
| 2024 | 0.96% | 3.35% | 5.19% | -3.98% | 2.95% | 0.21% | 4.73% | 2.87% | 1.57% | -1.39% | 5.52% | -6.30% | 16.00% |
| 2023 | 2.79% | -3.22% | -0.48% | 1.74% | -4.10% | 6.13% | 3.45% | -2.37% | -3.29% | -2.66% | 6.72% | 4.99% | 9.22% |
| 2022 | -1.03% | -1.16% | 3.24% | -4.74% | 2.33% | -7.98% | 5.22% | -2.72% | -7.91% | 11.89% | 6.06% | -3.36% | -2.07% |
| 2021 | -0.80% | 5.06% | 6.49% | 3.53% | 2.87% | -1.17% | 0.99% | 2.12% | -3.96% | 5.47% | -3.03% | 6.90% | 26.51% |
Benchmark Metrics
Vanguard Value Index Fund Admiral Shares has an annualized alpha of 1.52%, beta of 0.96, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since November 13, 2000.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (99.15%) than losses (93.74%) - typical of diversified or defensive assets.
- With beta of 0.96 and R2 of 0.92, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.52%
- Beta
- 0.96
- R²
- 0.92
- Upside Capture
- 99.15%
- Downside Capture
- 93.74%
Expense Ratio
VVIAX has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
VVIAX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Value Index Fund Admiral Shares (VVIAX) 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.
| VVIAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.32 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.55 | 2.46 | +2.09 |
| Martin ratioReturn relative to average drawdown | 17.10 | 10.92 | +6.18 |
Dividends
Dividend History
Vanguard Value Index Fund Admiral Shares provided a 1.81% dividend yield over the last twelve months, with an annual payout of $1.54 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.54 | $1.52 | $1.52 | $1.43 | $1.37 | $1.23 | $1.18 | $1.17 | $1.04 | $0.95 | $0.89 | $0.83 |
Dividend yield | 1.81% | 2.04% | 2.30% | 2.45% | 2.51% | 2.14% | 2.55% | 2.49% | 2.72% | 2.29% | 2.45% | 2.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Value Index Fund Admiral Shares. 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 | $0.42 | $0.00 | $0.00 | $0.00 | $0.42 | ||||||
| 2025 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 | $1.52 |
| 2024 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $1.52 |
| 2023 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.40 | $1.43 |
| 2022 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.40 | $1.37 |
| 2021 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.35 | $1.23 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Value 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 Value Index Fund Admiral Shares was 59.32%, occurring on Mar 5, 2009. Recovery took 985 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -59.32%Mar 2009 | 1y 7mo | 3y 11mo | 5y 6moJul 2007 - Feb 2013 |
Dot-com crash2000–2002 | -44.20%Oct 2002 | 1y 8mo | 2y 2mo | 3y 10moFeb 2001 - Dec 2004 |
COVID crash2020 | -36.80%Mar 2020 | 2mo 2d | 8mo 16d | 10mo 18dJan 2020 - Dec 2020 |
Rate-hike selloffLate 2018 | -17.45%Dec 2018 | 3mo 1d | 4mo 7d | 7mo 8dSep 2018 - Apr 2019 |
Bear market2022 | -17.14%Sep 2022 | 5mo 12d | 9mo 23d | 1y 3moApr 2022 - Jul 2023 |
Drawdown Indicators
| VVIAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.32% | -56.78% | -2.54% |
Max Drawdown (1Y)Largest decline over 1 year | -6.36% | -9.10% | +2.74% |
Max Drawdown (3Y)Largest decline over 3 years | -14.39% | -18.90% | +4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -17.14% | -25.43% | +8.29% |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | -33.92% | -2.88% |
Current DrawdownCurrent decline from peak | 0.00% | -3.21% | +3.21% |
Average DrawdownAverage peak-to-trough decline | -9.60% | -10.71% | +1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.04% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with VVIAX
Add Vanguard Value Index Fund Admiral Shares to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with VVIAX