Vanguard Morningstar Small-Cap Growth Index Fund (VBK)

Key Metrics

TER 0.05% per year

Distribution policy Distributing

Fund size USD 47,016 M

Inception date January 26, 2004

Holdings 553

Fund currency USD

Fund domicile US

Provider Vanguard

For full official fund details, factsheets, and holdings, visit investor.vanguard.com (opens in new tab).

Historical Return

Last updated: Sep 01, 2026

1 Year +20.1% +0.4% Div

3 Years (avg.) +14.8% +0.4% Div

5 Years (avg.) +3.5% +0.4% Div

Risk & Analysis Metrics

Last updated: Sep 01, 2026

Volatility

19.12% 1 Year

20.52% 3 Years

23.16% 5 Years

22.69% 10 Years

Max Drawdown

-11.54% 1 Year

-27.76% 3 Years

-38.47% 5 Years

-38.80% 10 Years

Sharpe Ratio

0.73 1 Year

0.52 3 Years

0.07 5 Years

0.35 10 Years

Return Triangle (Heatmap)

Last updated: Sep 01, 2026

	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
2011	-3.7%	5.3%	14.0%	11.5%	8.3%	8.9%	10.4%	8.0%	10.5%	12.7%	12.2%	8.0%	9.0%	9.5%	9.4%
2012		15.1%	24.1%	17.0%	11.5%	11.6%	13.0%	9.8%	12.5%	14.7%	13.9%	9.1%	10.1%	10.6%	10.4%
2013			33.8%	18.0%	10.4%	10.7%	12.5%	9.0%	12.1%	14.6%	13.8%	8.5%	9.6%	10.3%	10.1%
2014				4.0%	0.3%	3.9%	7.8%	4.6%	8.8%	12.1%	11.5%	6.0%	7.5%	8.3%	8.3%
2015					-3.3%	3.9%	9.1%	4.7%	9.8%	13.5%	12.6%	6.3%	7.9%	8.8%	8.7%
2016						11.7%	15.8%	7.6%	13.4%	17.2%	15.5%	7.7%	9.4%	10.2%	10.0%
2017							20.2%	5.6%	13.9%	18.7%	16.3%	7.1%	9.0%	10.0%	9.8%
2018								-7.2%	10.9%	18.2%	15.3%	4.6%	7.3%	8.7%	8.5%
2019									32.7%	33.3%	24.0%	7.8%	10.5%	11.6%	11.0%
2020										34.0%	19.9%	0.6%	5.5%	7.8%	7.8%
2021											7.2%	-12.8%	-2.6%	2.1%	3.2%
2022												-29.1%	-7.1%	0.4%	2.2%
2023													21.6%	19.4%	15.4%
2024														17.3%	12.4%
2025															7.7%

Distributions

*by ETF Portfolio Weight Last updated: Sep 01, 2026

Profit Margin Distribution

< 0%

21%

1y 3y N/A N/A

0 - 5%

12%

1y 3y N/A N/A

5 - 10%

19%

1y 3y N/A N/A

10 - 15%

20%

1y 3y N/A N/A

15 - 20%

11%

1y 3y N/A N/A

20 - 30%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

22%

1y 3y N/A N/A

0 - 10

1y 3y N/A N/A

10 - 15

1y 3y N/A N/A

15 - 20

10%

1y 3y N/A N/A

20 - 25

1y 3y N/A N/A

25 - 35

15%

1y 3y N/A N/A

35 - 50

17%

1y 3y N/A N/A

> 50

21%

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

1.8%

1y 3y N/A N/A

Mid Cap

39.0%

1y 3y N/A N/A

Large Cap

59.2%

1y 3y N/A N/A

Mega Cap

0.0%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Sep 13, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$15.7B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	0.44%	2.01%
Beta Indicates the relationship between the price performance of a share and the market.	1.24	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	46.64	22.99
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-60.62	-
Profitable Companies	78%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	29.89	18.8
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	6.97	9.13
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	8.59	11.88

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	22.1	12.43
Enterprise Value to Revenue Enterprise value divided by revenue	7.66	12.4
Total Debt to Enterprise Value Total debt divided by enterprise value	0.11	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	0.94	0.32
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	6.85%	21.44%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	+5.2%	+54.3%
Return on Equity Equity divided by market cap.	10.18%	2.03%
Return on Assets Indicates a company's profitability in relation to its total assets.	3.06%	4.04%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	9.06%	3.73%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

Credo Technology Group Holding Ltd

CRDO

Market Cap $30.39B

P/E Ratio 55.2

Dividends 0.0%

Total Investment $596.96M

Weight 1.27%

Loading details…

Revolution Medicines Inc

RVMD - Manufacturing

Market Cap $43.32B

P/E Ratio -23.0

Dividends 0.0%

Total Investment $500.2M

Weight 1.06%

Loading details…

Astera Labs Inc.

ALAB

Market Cap $49.92B

P/E Ratio 134.2

Dividends 0.0%

Total Investment $492.65M

Weight 1.05%

Loading details…

Natera Inc

NTRA - Health Care and Social Assistance

Market Cap $47.11B

P/E Ratio -241.9

Dividends 0.0%

Total Investment $488.44M

Weight 1.04%

Loading details…

Twilio Inc - Ordinary Shares Class A

TWLO - Information

Market Cap $34.51B

P/E Ratio 30.2

Dividends 0.0%

Total Investment $414.12M

Weight 0.88%

Loading details…

Casey`s General Stores, Inc.

CASY - Retail Trade

Market Cap $22.78B

P/E Ratio 29.5

Dividends 0.4%

Total Investment $388.41M

Weight 0.83%

Loading details…

Carpenter Technology Corp.

CRS - Manufacturing

Market Cap $22.02B

P/E Ratio 41.8

Dividends 0.2%

Total Investment $385M

Weight 0.82%

Loading details…

Curtiss-Wright Corp.

CW - Manufacturing

Market Cap $20.65B

P/E Ratio 38.3

Dividends 0.2%

Total Investment $370.06M

Weight 0.79%

Loading details…

FTAI Aviation Ltd - Ordinary Shares - Class A

FTAI - Real Estate and Rental and Leasing

Market Cap $19.09B

P/E Ratio 39.9

Dividends 0.9%

Total Investment $366.96M

Weight 0.78%

Loading details…

Entegris Inc

ENTG - Manufacturing

Market Cap $21.41B

P/E Ratio 70.2

Dividends 0.3%

Total Investment $362.73M

Weight 0.77%

Loading details…

ATI Inc

ATI - Manufacturing

Market Cap $27.13B

P/E Ratio 57.0

Dividends 0.0%

Total Investment $355.59M

Weight 0.76%

Loading details…

TechnipFMC plc

FTI - Professional, Scientific, and Technical Services

Market Cap $29.94B

P/E Ratio 26.1

Dividends 0.3%

Total Investment $349.56M

Weight 0.74%

Loading details…

Mastec Inc.

MTZ - Construction

Market Cap $19.31B

P/E Ratio 37.9

Dividends 0.0%

Total Investment $347.85M

Weight 0.74%

Loading details…

MACOM Technology Solutions Holdings Inc

MTSI - Manufacturing

Market Cap $20.97B

P/E Ratio 85.9

Dividends 0.0%

Total Investment $345.31M

Weight 0.73%

Loading details…

Woodward Inc

WWD - Manufacturing

Market Cap $20.09B

P/E Ratio 36.5

Dividends 0.4%

Total Investment $335.17M

Weight 0.71%

Loading details…

Pure Storage Inc - Ordinary Shares - Class A

PSTG - Manufacturing

Market Cap $28.49B

P/E Ratio 129.2

Dividends 0.0%

Total Investment $328.77M

Weight 0.70%

Loading details…

Sterling Infrastructure Inc

STRL - Construction

Market Cap $15.68B

P/E Ratio 36.4

Dividends 0.0%

Total Investment $323.61M

Weight 0.69%

Loading details…

SoFi Technologies Inc

SOFI - Finance and Insurance

Market Cap $22.22B

P/E Ratio 34.0

Dividends 0.0%

Total Investment $304.34M

Weight 0.65%

Loading details…

Okta Inc - Ordinary Shares - Class A

OKTA - Information

Market Cap $27.66B

P/E Ratio 98.5

Dividends 0.0%

Total Investment $303.42M

Weight 0.65%

Loading details…

XPO Inc

XPO - Transportation and Warehousing

Market Cap $21.33B

P/E Ratio 53.1

Dividends 0.0%

Total Investment $302.88M

Weight 0.64%

Loading details…

United States	94.4%
Other	2.2%
Cayman Islands	1.5%
United Kingdom	1.4%
Ireland	0.2%
Switzerland	0.2%
Bermuda	0.1%

Manufacturing	38.1%
Information	12.1%
Finance and Insurance	5.8%
Professional, Scientific, and Technical Services	5.0%
Construction	4.1%
Mining, Quarrying, and Oil and Gas Extraction	3.6%
Retail Trade	2.8%
Health Care and Social Assistance	2.0%
Accommodation and Food Services	1.7%
Real Estate and Rental and Leasing	1.7%
Transportation and Warehousing	1.6%
Arts, Entertainment, and Recreation	1.4%
Wholesale Trade	1.3%
Administrative and Support and Waste Management and Remediation Services	1.0%
Industrials	0.8%
Financial Services	0.7%
Educational Services	0.5%
Utilities	0.3%
Technology	0.2%
Consumer Defensive	0.2%
Real Estate	0.1%
Industrial Services	0.1%
Energy	0.1%
Agriculture, Forestry, Fishing and Hunting	0.1%
Basic Materials	0.1%
Consumer Cyclical	0.0%
Healthcare	0.0%
Other	14.5%

Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

Latest News

SCHD's 3% Yield Hides a $216,000 Decade-Long Performance Gap Investors Miss

Investors Just Poured $43.6 Billion Into VOO in One Month. Here's Why They Ignored the Selloff Talk

Iran War, Inflation Fears Trigger $40 Billion Large-Cap Exodus — But VOO, QQQ Buck the Trend

Average metrics of all companies in portfolio

Sectors

Countries

Stock Screener

Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd

Revolution Medicines Inc

Revolution Medicines Inc

Astera Labs Inc.

Astera Labs Inc.

Natera Inc

Natera Inc

Twilio Inc - Ordinary Shares Class A

Twilio Inc - Ordinary Shares Class A

Casey`s General Stores, Inc.

Casey`s General Stores, Inc.

Carpenter Technology Corp.

Carpenter Technology Corp.

Curtiss-Wright Corp.

Curtiss-Wright Corp.

FTAI Aviation Ltd - Ordinary Shares - Class A

FTAI Aviation Ltd - Ordinary Shares - Class A

Entegris Inc

Entegris Inc

ATI Inc

ATI Inc

TechnipFMC plc

TechnipFMC plc

Mastec Inc.

Mastec Inc.

MACOM Technology Solutions Holdings Inc

MACOM Technology Solutions Holdings Inc

Woodward Inc

Woodward Inc

Pure Storage Inc - Ordinary Shares - Class A

Pure Storage Inc - Ordinary Shares - Class A

Sterling Infrastructure Inc

Sterling Infrastructure Inc

SoFi Technologies Inc

SoFi Technologies Inc

Okta Inc - Ordinary Shares - Class A

Okta Inc - Ordinary Shares - Class A

XPO Inc

XPO Inc

Cookie Settings