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VB — Vanguard Morningstar Small-Cap ETF

Data as of 2026-09-29 · US · Broad · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

VB
Total return+173.3%
Annualised (CAGR)+10.6%
Volatility (annualised)+19.3%
Sharpe (rf = 0)0.55
Deepest drawdown-42.1%
Drawdown peak → trough2020-02-20 → 2020-03-23
Fee (annual expense ratio)0.05%
Dividend yield (12m distributions)1.28% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +173.3% in total (+10.6% a year), with a deepest drawdown of -42.1% from 2020-02-20 to 2020-03-23. Its worst calendar year was 2022 (-17.5%), its best 2019 (+27.3%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVB
2026+12.0%
2025+8.9%
2024+14.2%
2023+18.2%
2022-17.5%
2021+17.6%
2020+19.2%
2019+27.3%
2018-9.3%
2017+16.3%
2016+7.0%

Common questions

How much has VB returned over the last 10 years?

+173.3% in total, which works out to +10.6% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was VB's worst year?

2022 — its calendar-year return was -17.5% (net of fees, dividends reinvested). Its best year was 2019 (+27.3%).

How deep was VB's worst drawdown?

-42.1%, from a peak on 2020-02-20 to a trough on 2020-03-23. From that trough it took 231 days (about 7.6 months) to climb back to the earlier peak.

Does VB pay dividends?

Over the last 12 months it distributed 1.28% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is VB's expense ratio?

0.05% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say VB is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -42.1% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open VB in the tool. History is shown as history, never sold as a forecast.

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