Vanguard S&P Mid-Cap 400 Value ETF (IVOV) Performance
IVOV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.1% since Dec 31, 2025
- 1 year
- +12.0% total return
- 5 years
- +7.6% a year
- 10 years
- +10.2% a year
- Since first price
- +11.3% a year since 2010
IVOV trailing returns vs SPY, QQQ, AGG
| Period | IVOV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.0% | −2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.1% | +2.1% | +7.8% | +8.4% | −1.5% |
| YTD | +10.1% | +10.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.0% | +10.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +59.6%+16.9%/yr | +51.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +44.4%+7.6%/yr | +32.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +164.1%+10.2%/yr | +121.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +417.6%+11.6%/yr | +304.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 9, 2010 | +464.9%+11.3%/yr | +339.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IVOV vs SPY
From Sep 9, 2010: IVOV grew to $56,487, SPY to $91,223.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IVOV returns by calendar year
11 of 15 full years positive. Best 2013 (+34.4%), worst 2018 (−12.1%). 2026 is year to date.
IVOV annual returns table
| Year | IVOV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.1% | −10.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.6% | −20.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.5% | −8.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.4% | −18.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.2% | −19.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +30.5% | −9.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.7% | −46.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.9% | −10.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.1% | −22.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +12.2% | −6.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +26.3% | −10.3% | +12.0% | +7.1% | +2.4% |
| 2015 | −7.0% | −14.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.1% | −10.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +34.4% | −6.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.2% | −11.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −2.7% | −27.4% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IVOV largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2020 | −46.0% | Mar 23, 2020 | Dec 4, 2020 | 2 months | 11 months |
| Apr 29, 2011 | −27.4% | Oct 3, 2011 | Mar 19, 2012 | 5 months | 11 months |
| Aug 29, 2018 | −22.7% | Dec 24, 2018 | Nov 5, 2019 | 4 months | 1.2 years |
| Nov 25, 2024 | −22.6% | Apr 8, 2025 | Dec 10, 2025 | 4 months | 1.0 years |
| Jun 23, 2015 | −21.2% | Jan 20, 2016 | Jul 12, 2016 | 7 months | 1.1 years |
| Jan 4, 2022 | −19.3% | Sep 30, 2022 | Jan 27, 2023 | 9 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IVOV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +13.0% | +8.0% | +9.6% | +10.8% |
| Volatility (annualized) | 16.2% | 18.8% | 20.2% | 18.3% |
| Sharpe ratio | 0.57 | 0.31 | 0.45 | 0.58 |
| Sortino ratio | 0.95 | 0.50 | 0.66 | 0.89 |
| Best month | +10.2% | +11.7% | +16.7% | +16.7% |
| Worst month | −6.7% | −9.7% | −24.1% | −24.1% |
| Best 12 months | +32.6% | +32.6% | +89.8% | +89.8% |
| Worst 12 months | +0.0% | −11.1% | −28.4% | −28.4% |
| Positive months | 64% | 57% | 62% | 64% |
| Beta vs S&P 500 | 0.94 | 0.98 | 1.13 | — |
| Correlation with S&P 500 | 0.72 | 0.82 | 0.86 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IVOV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 182 | −28.4% | +10.6% | +89.8% | 76% |
| 3-year (a year) | 158 | −7.7% | +10.5% | +25.7% | 96% |
| 5-year (a year) | 134 | −1.6% | +10.1% | +19.1% | 99% |
| 10-year (a year) | 74 | +7.3% | +10.0% | +14.1% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
IVOV performance overview
Vanguard S&P Mid-Cap 400 Value ETF (IVOV) returned +12.0% over the past year and +10.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +11.3% a year, turning $10,000 into about $56,487. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −46.0%, from Jan 16, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. IVOV finished 11 of its 15 full calendar years with a gain; the best year was 2013 (+34.4%) and the worst 2018 (−12.1%). Volatility has been 18.3% a year.
Related: IVOV chart, IVOV holdings, IVOV dividends, IVOV valuation. See the IVOV overview for the latest quote and fund facts.
IVOV performance FAQ
What is the IVOV return over the past year?
IVOV returned +12.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.1%.
What is the average annual return of IVOV?
IVOV has returned +7.6% a year over 5 years, +10.2% a year over 10 years, +11.3% a year since September 9, 2010 (total return, distributions reinvested).
How much would $10,000 invested in IVOV be worth?
$10,000 invested in IVOV at its first recorded close on September 9, 2010 would be worth about $56,487 on October 23, 2026 with distributions reinvested.
What was the worst year for IVOV?
The worst calendar year was 2018, with a total return of −12.1%. The best was 2013 at +34.4%.
What is the biggest drawdown of IVOV?
The largest peak-to-trough decline was −46.0% between January 16, 2020 and March 23, 2020. It recovered to the old high on December 4, 2020, 8 months after the bottom.
How volatile is IVOV?
Over the past 3 years IVOV had an annualized volatility of 16.2% and a Sharpe ratio of 0.57 (excess return over 1–3 month T-bills per unit of risk).