VanguardSmall BlendVB · NYSE Arca

Vanguard Morningstar Small-Cap ETF (VB)

Compare US Small Cap ETFs Compare with others

Price: $293.45; —11 Sept 2026
Assets: $185.3B; Total net assets
Expense ratio: 0.03%; Category 0.96%
Yield: 1.21%; Trailing distributions

1Y return: 15.2%-1.8%; Category 17.0%
3Y CAGR: 15.9%+0.1%; Category 15.8%
5Y CAGR: 7.3%-0.4%; Category 7.7%

Loading NAV history…

Vanguard Morningstar Small-Cap ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-4.5%	-0.7%	+13.4%	+14.5%	+15.2%	+15.9%	+7.3%	+11.0%	+9.8%
Small Blend average	-4.1%	0.0%	16.7%	16.6%	17.0%	15.8%	7.7%	10.5%	11.7%
Difference	-0.3%	-0.7%	-3.3%	-2.1%	-1.8%	+0.1%	-0.4%	+0.5%	-1.9%

Holdings

The 10 largest positions make up 4.1% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
RVMD	Revolution Medicines Inc Ordinary Shares	0.47%
NTRA	Natera Inc	0.45%
EME	EMCOR Group Inc	0.44%
CRDO	Credo Technology Group Holding Ltd	0.43%
JBL	Jabil Inc	0.41%
CASY	Casey's General Stores Inc	0.40%
TPR	Tapestry Inc	0.38%
TWLO	Twilio Inc Class A	0.37%
ILMN	Illumina Inc	0.37%
ATO	Atmos Energy Corp	0.36%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 21.0
P/B: 2.6
P/S: 1.6
P/CF: 12.2

Sector allocation

Share of the equity the fund holds.

Industrials18.7%
Technology16.9%
Financial services13.0%
Health care13.0%
Consumer discretionary11.9%
Real estate8.2%
Materials4.4%
Energy4.4%
Consumer staples3.5%
Utilities3.2%
Communication services3.0%

Asset mix

Stocks99.0%
Cash1.0%
Other0.0%

ETF details

Issuer: Vanguard
Category: Equity · Small Blend
Ticker: VB
Exchange: NYSE Arca
Inception: 26 Jan 2004 (22.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.03% (category 0.96%)
Holdings turnover: 17% (category 61%)
Distribution yield: 1.21%
Beta, 3 years: 1.09
Total net assets: $185.3B

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other small blend ETFs

Other ETFs in the Small Blend category.

Compare US Small Cap ETFs