iShares MSCI USA Value Factor ETF (VLUE) Performance
VLUE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +43.1% since Dec 31, 2025
- 1 year
- +53.5% total return
- 5 years
- +16.1% a year
- 10 years
- +14.5% a year
- Since first price
- +13.4% a year since 2013
VLUE trailing returns vs SPY, QQQ, AGG
| Period | VLUE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.9% | −3.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.8% | −1.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +21.8% | +20.8% | +7.8% | +8.4% | −1.5% |
| YTD | +43.1% | +41.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +53.5% | +50.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +137.9%+33.5%/yr | +121.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +111.0%+16.1%/yr | +85.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +286.6%+14.5%/yr | +199.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionApr 18, 2013 | +444.1%+13.4%/yr | +291.6% | — | — | — |
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: VLUE vs SPY
From Apr 18, 2013: VLUE grew to $54,410, SPY to $61,963.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VLUE returns by calendar year
8 of 12 full years positive. Best 2025 (+32.7%), worst 2022 (−14.2%). 2026 is year to date.
VLUE annual returns table
| Year | VLUE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +43.1% | −9.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.7% | −17.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.2% | −9.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.3% | −11.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.2% | −27.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.9% | −7.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −0.2% | −39.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.2% | −10.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −11.1% | −22.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.0% | −4.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +15.3% | −12.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −3.5% | −13.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.8% | −8.2% | +13.5% | +19.2% | +6.0% |
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.
VLUE largest drawdowns
Now 5.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −39.5% | Mar 23, 2020 | Jan 6, 2021 | 40 days | 11 months |
| Jan 14, 2022 | −27.1% | Sep 30, 2022 | Mar 27, 2024 | 9 months | 2.2 years |
| Sep 20, 2018 | −22.2% | Dec 24, 2018 | Nov 4, 2019 | 3 months | 1.1 years |
| May 22, 2015 | −19.7% | Feb 11, 2016 | Oct 5, 2016 | 9 months | 1.4 years |
| Nov 25, 2024 | −17.9% | Apr 8, 2025 | Jun 30, 2025 | 4 months | 7 months |
| Jan 26, 2018 | −10.2% | Feb 8, 2018 | Aug 27, 2018 | 13 days | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VLUE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +32.8% | +17.5% | +14.6% | +13.6% |
| Volatility (annualized) | 19.6% | 20.3% | 19.3% | 17.7% |
| Sharpe ratio | 1.33 | 0.72 | 0.69 | 0.71 |
| Sortino ratio | 3.06 | 1.31 | 1.12 | 1.17 |
| Best month | +18.6% | +18.6% | +18.6% | +18.6% |
| Worst month | −7.2% | −11.0% | −18.3% | −18.3% |
| Best 12 months | +89.4% | +89.4% | +89.4% | +89.4% |
| Worst 12 months | +1.1% | −16.3% | −18.5% | −18.5% |
| Positive months | 67% | 57% | 61% | 62% |
| Beta vs S&P 500 | 1.24 | 1.08 | 1.09 | — |
| Correlation with S&P 500 | 0.79 | 0.83 | 0.87 | — |
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.
VLUE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 151 | −18.5% | +12.0% | +89.4% | 72% |
| 3-year (a year) | 127 | −2.2% | +9.4% | +34.3% | 98% |
| 5-year (a year) | 103 | +1.6% | +9.0% | +17.5% | 100% |
| 10-year (a year) | 43 | +7.1% | +8.4% | +15.4% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
VLUE performance overview
iShares MSCI USA Value Factor ETF (VLUE) returned +53.5% over the past year and +14.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +13.4% a year, turning $10,000 into about $54,410. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.5%, from Feb 12, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. VLUE finished 8 of its 12 full calendar years with a gain; the best year was 2025 (+32.7%) and the worst 2022 (−14.2%). Volatility has been 17.7% a year.
Related: VLUE chart, VLUE holdings, VLUE dividends, VLUE valuation. See the VLUE overview for the latest quote and fund facts.
VLUE performance FAQ
What is the VLUE return over the past year?
VLUE returned +53.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 50.7%.
What is the average annual return of VLUE?
VLUE has returned +16.1% a year over 5 years, +14.5% a year over 10 years, +13.4% a year since April 18, 2013 (total return, distributions reinvested).
How much would $10,000 invested in VLUE be worth?
$10,000 invested in VLUE at its first recorded close on April 18, 2013 would be worth about $54,410 on October 23, 2026 with distributions reinvested.
What was the worst year for VLUE?
The worst calendar year was 2022, with a total return of −14.2%. The best was 2025 at +32.7%.
What is the biggest drawdown of VLUE?
The largest peak-to-trough decline was −39.5% between February 12, 2020 and March 23, 2020. It recovered to the old high on January 6, 2021, 9 months after the bottom.
How volatile is VLUE?
Over the past 3 years VLUE had an annualized volatility of 19.6% and a Sharpe ratio of 1.33 (excess return over 1–3 month T-bills per unit of risk).