Vanguard S&P Small-Cap 600 Value ETF (VIOV) Performance
VIOV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.9% since Dec 31, 2025
- 1 year
- +19.0% total return
- 5 years
- +6.5% a year
- 10 years
- +9.9% a year
- Since first price
- +11.5% a year since 2010
VIOV trailing returns vs SPY, QQQ, AGG
| Period | VIOV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.6% | −2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | +2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +16.9% | +15.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.0% | +16.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +66.0%+18.4%/yr | +56.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +37.1%+6.5%/yr | +24.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +157.3%+9.9%/yr | +115.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +434.5%+11.8%/yr | +318.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 9, 2010 | +480.1%+11.5%/yr | +351.8% | — | — | — |
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: VIOV vs SPY
From Sep 9, 2010: VIOV grew to $58,012, SPY to $91,223.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VIOV returns by calendar year
11 of 15 full years positive. Best 2013 (+39.5%), worst 2018 (−12.8%). 2026 is year to date.
VIOV annual returns table
| Year | VIOV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.9% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.6% | −25.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.4% | −9.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.4% | −22.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.4% | −22.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +30.7% | −12.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.8% | −45.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.4% | −11.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.8% | −27.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +11.5% | −7.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +30.0% | −9.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −6.2% | −14.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +7.4% | −11.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +39.5% | −5.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.6% | −13.9% | +16.0% | +18.1% | +3.8% |
| 2011 | −2.1% | −25.8% | +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.
VIOV largest drawdowns
Now 6.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 22, 2018 | −47.4% | Mar 23, 2020 | Jan 6, 2021 | 1.6 years | 2.4 years |
| Nov 25, 2024 | −28.4% | Apr 8, 2025 | Dec 10, 2025 | 4 months | 1.0 years |
| Jul 7, 2011 | −25.8% | Oct 3, 2011 | Feb 1, 2012 | 3 months | 7 months |
| Nov 5, 2021 | −24.2% | Sep 30, 2022 | Jul 16, 2024 | 11 months | 2.7 years |
| Jun 23, 2015 | −20.5% | Feb 11, 2016 | Jul 11, 2016 | 8 months | 1.1 years |
| Mar 27, 2012 | −13.9% | Jun 4, 2012 | Sep 7, 2012 | 2 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VIOV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +14.9% | +6.8% | +9.3% | +11.1% |
| Volatility (annualized) | 19.5% | 21.1% | 22.4% | 20.1% |
| Sharpe ratio | 0.58 | 0.25 | 0.41 | 0.55 |
| Sortino ratio | 1.03 | 0.40 | 0.62 | 0.86 |
| Best month | +13.8% | +14.5% | +19.2% | +19.2% |
| Worst month | −7.0% | −10.4% | −25.8% | −25.8% |
| Best 12 months | +43.1% | +43.1% | +104.7% | +104.7% |
| Worst 12 months | −5.7% | −16.5% | −30.9% | −30.9% |
| Positive months | 61% | 55% | 61% | 62% |
| Beta vs S&P 500 | 1.05 | 1.02 | 1.16 | — |
| Correlation with S&P 500 | 0.67 | 0.76 | 0.80 | — |
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.
VIOV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 182 | −30.9% | +7.4% | +104.7% | 71% |
| 3-year (a year) | 158 | −8.8% | +10.4% | +25.3% | 93% |
| 5-year (a year) | 134 | −1.9% | +9.4% | +17.9% | 99% |
| 10-year (a year) | 74 | +6.4% | +9.5% | +14.8% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
VIOV performance overview
Vanguard S&P Small-Cap 600 Value ETF (VIOV) returned +19.0% over the past year and +9.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +11.5% a year, turning $10,000 into about $58,012. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −47.4%, from Aug 22, 2018 to Mar 23, 2020, and it took 9 months to get back to the old high. VIOV finished 11 of its 15 full calendar years with a gain; the best year was 2013 (+39.5%) and the worst 2018 (−12.8%). Volatility has been 20.1% a year.
Related: VIOV chart, VIOV holdings, VIOV dividends, VIOV valuation. See the VIOV overview for the latest quote and fund facts.
VIOV performance FAQ
What is the VIOV return over the past year?
VIOV returned +19.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 16.9%.
What is the average annual return of VIOV?
VIOV has returned +6.5% a year over 5 years, +9.9% a year over 10 years, +11.5% a year since September 9, 2010 (total return, distributions reinvested).
How much would $10,000 invested in VIOV be worth?
$10,000 invested in VIOV at its first recorded close on September 9, 2010 would be worth about $58,012 on October 23, 2026 with distributions reinvested.
What was the worst year for VIOV?
The worst calendar year was 2018, with a total return of −12.8%. The best was 2013 at +39.5%.
What is the biggest drawdown of VIOV?
The largest peak-to-trough decline was −47.4% between August 22, 2018 and March 23, 2020. It recovered to the old high on January 6, 2021, 9 months after the bottom.
How volatile is VIOV?
Over the past 3 years VIOV had an annualized volatility of 19.5% and a Sharpe ratio of 0.58 (excess return over 1–3 month T-bills per unit of risk).