Vanguard Value ETF (VTV) Performance
VTV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.6% since Dec 31, 2025
- 1 year
- +22.7% total return
- 5 years
- +12.1% a year
- 10 years
- +12.9% a year
- Since first price
- +9.7% a year since 2004
VTV trailing returns vs SPY, QQQ, AGG
| Period | VTV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.5% | +2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | +2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.3% | +10.3% | +7.8% | +8.4% | −1.5% |
| YTD | +19.6% | +17.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +22.7% | +20.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.7%+21.6%/yr | +68.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +76.8%+12.1%/yr | +57.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +236.2%+12.9%/yr | +161.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +539.8%+13.2%/yr | +338.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +477.1%+9.2%/yr | +242.6% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJan 30, 2004 | +723.7%+9.7%/yr | +357.0% | — | — | — |
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: VTV vs SPY
From Jan 30, 2004: VTV grew to $82,367, SPY to $101,402.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VTV returns by calendar year
16 of 21 full years positive. Best 2013 (+33.1%), worst 2008 (−35.9%). 2026 is year to date.
VTV annual returns table
| Year | VTV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.6% | −6.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.3% | −13.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.0% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.3% | −9.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.1% | −17.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.5% | −5.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.3% | −36.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.7% | −6.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.5% | −17.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +17.1% | −4.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +17.1% | −8.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.0% | −13.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.2% | −7.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.1% | −5.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.2% | −9.9% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.1% | −21.0% | +1.9% | +3.4% | +7.7% |
| 2010 | +14.5% | −15.4% | +15.1% | +19.9% | +6.4% |
| 2009 | +19.9% | −32.3% | +26.4% | +54.7% | +3.0% |
| 2008 | −35.9% | −47.2% | −36.8% | −41.7% | +7.9% |
| 2007 | −0.1% | −13.0% | +5.1% | +19.0% | +6.6% |
| 2006 | +22.4% | −6.9% | +15.8% | +7.1% | +3.9% |
| 2005 | +7.2% | −6.6% | +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.
VTV largest drawdowns
Now 0.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 13, 2007 | −59.3% | Mar 5, 2009 | Feb 1, 2013 | 1.6 years | 5.6 years |
| Feb 12, 2020 | −36.8% | Mar 23, 2020 | Dec 4, 2020 | 40 days | 10 months |
| Sep 21, 2018 | −17.4% | Dec 24, 2018 | Apr 30, 2019 | 3 months | 7 months |
| Apr 20, 2022 | −17.0% | Sep 30, 2022 | Jul 20, 2023 | 5 months | 1.2 years |
| Nov 29, 2024 | −14.5% | Apr 8, 2025 | Jul 3, 2025 | 4 months | 7 months |
| May 21, 2015 | −13.3% | Feb 11, 2016 | Apr 19, 2016 | 9 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VTV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +18.8% | +12.4% | +12.3% | +9.6% |
| Volatility (annualized) | 11.4% | 14.0% | 14.7% | 14.5% |
| Sharpe ratio | 1.20 | 0.65 | 0.71 | — |
| Sortino ratio | 1.98 | 1.05 | 1.08 | — |
| Best month | +6.7% | +11.7% | +12.8% | +12.8% |
| Worst month | −6.4% | −7.9% | −14.8% | −16.2% |
| Best 12 months | +31.4% | +31.4% | +51.7% | +56.2% |
| Worst 12 months | +7.1% | −6.5% | −14.8% | −46.2% |
| Positive months | 75% | 63% | 66% | 64% |
| Beta vs S&P 500 | 0.68 | 0.75 | 0.86 | — |
| Correlation with S&P 500 | 0.75 | 0.84 | 0.89 | — |
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.
VTV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 262 | −46.2% | +12.7% | +56.2% | 82% |
| 3-year (a year) | 238 | −16.6% | +11.0% | +24.8% | 87% |
| 5-year (a year) | 214 | −6.5% | +10.5% | +22.6% | 87% |
| 10-year (a year) | 154 | +5.4% | +10.4% | +16.0% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
VTV performance overview
Vanguard Value ETF (VTV) returned +22.7% over the past year and +12.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +9.7% a year, turning $10,000 into about $82,367. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −59.3%, from Jul 13, 2007 to Mar 5, 2009, and it took 3.9 years to get back to the old high. VTV finished 16 of its 21 full calendar years with a gain; the best year was 2013 (+33.1%) and the worst 2008 (−35.9%). Volatility has been 14.5% a year.
Related: VTV chart, VTV holdings, VTV dividends, VTV valuation. See the VTV overview for the latest quote and fund facts.
VTV performance FAQ
What is the VTV return over the past year?
VTV returned +22.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.2%.
What is the average annual return of VTV?
VTV has returned +12.1% a year over 5 years, +12.9% a year over 10 years, +9.7% a year since January 30, 2004 (total return, distributions reinvested).
How much would $10,000 invested in VTV be worth?
$10,000 invested in VTV at its first recorded close on January 30, 2004 would be worth about $82,367 on October 23, 2026 with distributions reinvested.
What was the worst year for VTV?
The worst calendar year was 2008, with a total return of −35.9%. The best was 2013 at +33.1%.
What is the biggest drawdown of VTV?
The largest peak-to-trough decline was −59.3% between July 13, 2007 and March 5, 2009. It recovered to the old high on February 1, 2013, 3.9 years after the bottom.
How volatile is VTV?
Over the past 3 years VTV had an annualized volatility of 11.4% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).