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VO — Vanguard Morningstar Mid-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

VO
Total return+187.5%
Annualised (CAGR)+11.1%
Volatility (annualised)+17.0%
Sharpe (rf = 0)0.65
Deepest drawdown-39.4%
Drawdown peak → trough2020-02-20 → 2020-03-23
Fee (annual expense ratio)0.04%
Dividend yield (12m distributions)1.39% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +187.5% in total (+11.1% a year), with a deepest drawdown of -39.4% from 2020-02-20 to 2020-03-23. Its worst calendar year was 2022 (-18.7%), its best 2019 (+31.0%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVO
2026+10.1%
2025+11.6%
2024+15.3%
2023+16.0%
2022-18.7%
2021+24.7%
2020+18.1%
2019+31.0%
2018-9.2%
2017+19.3%
2016+3.0%

Common questions

How much has VO returned over the last 10 years?

+187.5% in total, which works out to +11.1% 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 VO's worst year?

2022 — its calendar-year return was -18.7% (net of fees, dividends reinvested). Its best year was 2019 (+31.0%).

How deep was VO's worst drawdown?

-39.4%, from a peak on 2020-02-20 to a trough on 2020-03-23. From that trough it took 163 days (about 5.4 months) to climb back to the earlier peak.

Does VO pay dividends?

Over the last 12 months it distributed 1.39% 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 VO's expense ratio?

0.04% 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 VO 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 -39.4% 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 VO in the tool. History is shown as history, never sold as a forecast.

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