Vanguard Consumer Discretionary ETF (VCR) Performance
VCR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.4% since Dec 31, 2025
- 1 year
- −3.2% total return
- 5 years
- +3.7% a year
- 10 years
- +13.0% a year
- Since first price
- +10.7% a year since 2004
VCR trailing returns vs SPY, QQQ, AGG
| Period | VCR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.9% | +1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.4% | +2.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.8% | −3.2% | +7.8% | +8.4% | −1.5% |
| YTD | −3.4% | −4.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −3.2% | −4.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +52.2%+15.0%/yr | +48.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +20.1%+3.7%/yr | +15.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +239.8%+13.0%/yr | +203.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +626.4%+14.1%/yr | +502.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +729.1%+11.2%/yr | +547.7% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJan 30, 2004 | +910.0%+10.7%/yr | +679.4% | — | — | — |
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: VCR vs SPY
From Jan 30, 2004: VCR grew to $101,002, SPY to $101,402.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VCR returns by calendar year
16 of 21 full years positive. Best 2020 (+48.4%), worst 2008 (−37.9%). 2026 is year to date.
VCR annual returns table
| Year | VCR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.4% | −15.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.8% | −25.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.3% | −12.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +40.4% | −16.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −35.1% | −38.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +24.9% | −9.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +48.4% | −37.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.4% | −9.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −2.3% | −22.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.8% | −4.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.7% | −11.6% | +12.0% | +7.1% | +2.4% |
| 2015 | +6.3% | −11.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +9.5% | −8.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +43.7% | −5.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +24.6% | −10.1% | +16.0% | +18.1% | +3.8% |
| 2011 | +3.6% | −20.5% | +1.9% | +3.4% | +7.7% |
| 2010 | +30.6% | −20.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +46.4% | −29.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −37.9% | −53.6% | −36.8% | −41.7% | +7.9% |
| 2007 | −11.8% | −18.1% | +5.1% | +19.0% | +6.6% |
| 2006 | +16.5% | −11.0% | +15.8% | +7.1% | +3.9% |
| 2005 | −4.1% | −12.5% | +4.8% | +1.6% | +2.3% |
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.
VCR largest drawdowns
Now 7.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −61.5% | Nov 20, 2008 | Feb 7, 2011 | 1.5 years | 3.7 years |
| Nov 19, 2021 | −39.2% | Dec 28, 2022 | Nov 6, 2024 | 1.1 years | 3.0 years |
| Feb 20, 2020 | −37.7% | Mar 18, 2020 | Jun 8, 2020 | 27 days | 4 months |
| Dec 17, 2024 | −27.4% | Apr 8, 2025 | Sep 15, 2025 | 4 months | 9 months |
| Sep 4, 2018 | −22.6% | Dec 24, 2018 | Apr 16, 2019 | 4 months | 7 months |
| Jul 7, 2011 | −20.5% | Oct 3, 2011 | Feb 3, 2012 | 3 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VCR risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +11.5% | +4.2% | +12.5% | +10.6% |
| Volatility (annualized) | 18.5% | 22.6% | 21.5% | 19.6% |
| Sharpe ratio | 0.45 | 0.13 | 0.55 | — |
| Sortino ratio | 0.74 | 0.21 | 0.90 | — |
| Best month | +12.9% | +18.1% | +21.9% | +21.9% |
| Worst month | −9.0% | −11.5% | −17.8% | −20.7% |
| Best 12 months | +34.7% | +40.4% | +107.2% | +107.2% |
| Worst 12 months | −7.2% | −35.1% | −35.1% | −44.8% |
| Positive months | 58% | 53% | 64% | 60% |
| Beta vs S&P 500 | 1.26 | 1.26 | 1.26 | — |
| Correlation with S&P 500 | 0.84 | 0.87 | 0.90 | — |
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.
VCR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 262 | −44.8% | +13.6% | +107.2% | 82% |
| 3-year (a year) | 238 | −19.7% | +12.3% | +38.9% | 86% |
| 5-year (a year) | 214 | −10.7% | +13.3% | +33.8% | 92% |
| 10-year (a year) | 154 | +8.9% | +13.2% | +21.7% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
VCR performance overview
Vanguard Consumer Discretionary ETF (VCR) returned −3.2% over the past year and +13.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +10.7% a year, turning $10,000 into about $101,002. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −61.5%, from Jun 4, 2007 to Nov 20, 2008, and it took 2.2 years to get back to the old high. VCR finished 16 of its 21 full calendar years with a gain; the best year was 2020 (+48.4%) and the worst 2008 (−37.9%). Volatility has been 19.6% a year.
Related: VCR chart, VCR holdings, VCR dividends, VCR valuation. See the VCR overview for the latest quote and fund facts.
VCR performance FAQ
What is the VCR return over the past year?
VCR returned −3.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.0%.
What is the average annual return of VCR?
VCR has returned +3.7% a year over 5 years, +13.0% a year over 10 years, +10.7% a year since January 30, 2004 (total return, distributions reinvested).
How much would $10,000 invested in VCR be worth?
$10,000 invested in VCR at its first recorded close on January 30, 2004 would be worth about $101,002 on October 23, 2026 with distributions reinvested.
What was the worst year for VCR?
The worst calendar year was 2008, with a total return of −37.9%. The best was 2020 at +48.4%.
What is the biggest drawdown of VCR?
The largest peak-to-trough decline was −61.5% between June 4, 2007 and November 20, 2008. It recovered to the old high on February 7, 2011, 2.2 years after the bottom.
How volatile is VCR?
Over the past 3 years VCR had an annualized volatility of 18.5% and a Sharpe ratio of 0.45 (excess return over 1–3 month T-bills per unit of risk).