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VBR — Vanguard Morningstar Small-Cap Value 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

VBR
Total return+160.8%
Annualised (CAGR)+10.1%
Volatility (annualised)+19.8%
Sharpe (rf = 0)0.51
Deepest drawdown-45.3%
Drawdown peak → trough2020-01-16 → 2020-03-23
Dividend yield (12m distributions)1.90% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +160.8% in total (+10.1% a year), with a deepest drawdown of -45.3% from 2020-01-16 to 2020-03-23. Its worst calendar year was 2018 (-12.3%), its best 2021 (+28.1%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVBR
2026+11.6%
2025+9.1%
2024+12.4%
2023+16.0%
2022-9.4%
2021+28.1%
2020+5.9%
2019+22.8%
2018-12.3%
2017+11.8%
2016+11.0%

Common questions

How much has VBR returned over the last 10 years?

+160.8% in total, which works out to +10.1% 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 VBR's worst year?

2018 — its calendar-year return was -12.3% (net of fees, dividends reinvested). Its best year was 2021 (+28.1%).

How deep was VBR's worst drawdown?

-45.3%, from a peak on 2020-01-16 to a trough on 2020-03-23. From that trough it took 246 days (about 8.1 months) to climb back to the earlier peak.

Does VBR pay dividends?

Over the last 12 months it distributed 1.90% 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 this page does not say

It does not say VBR 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 -45.3% 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 VBR in the tool. History is shown as history, never sold as a forecast.

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