Vanguard Russell 2000 ETF (VTWO) Performance

NASDAQ: VTWOTotal returns, calendar years, drawdowns and risk since 2010.

VTWO total return

Distributions reinvested · as of Oct 23, 2026
YTD
+12.9%
since Dec 31, 2025
1 year
+13.2%
total return
5 years
+5.4%
a year
10 years
+10.1%
a year
Since first price
+10.8%
a year since 2010

VTWO trailing returns vs SPY, QQQ, AGG

VTWO trailing returns
PeriodVTWO total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−2.2%−2.2%−1.0%−5.0%+0.9%
3 months−5.4%−5.7%+3.2%+1.9%−0.4%
6 months+0.6%+0.0%+7.8%+8.4%−1.5%
YTD+12.9%+11.9%+12.3%+15.1%−1.0%
1 year+13.2%+11.8%+14.4%+15.9%−1.1%
3 years+73.5%+20.2%/yr+66.8%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+30.1%+5.4%/yr+21.2%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+161.6%+10.1%/yr+129.5%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years+380.3%+11.0%/yr+293.7%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
Since inceptionSep 24, 2010+417.4%+10.8%/yr+322.6%———

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: VTWO vs SPY

VTWOS&P 500 (SPY)

From Sep 24, 2010: VTWO grew to $51,737, SPY to $87,655.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

VTWO returns by calendar year

VTWOSPY

11 of 15 full years positive. Best 2013 (+38.8%), worst 2022 (−20.5%). 2026 is year to date.

VTWO annual returns table

VTWO calendar-year returns
YearVTWOLargest dropSPYQQQAGG
2026YTD+12.9%−11.1%+12.3%+15.1%−1.0%
2025+12.9%−23.8%+17.7%+20.8%+7.2%
2024+11.5%−10.0%+24.9%+25.6%+1.3%
2023+17.1%−17.9%+26.2%+54.9%+5.7%
2022−20.5%−26.9%−18.2%−32.6%−13.0%
2021+14.8%−12.3%+28.7%+27.4%−1.8%
2020+20.2%−41.2%+18.3%+48.6%+7.5%
2019+25.8%−9.6%+31.2%+39.0%+8.5%
2018−11.1%−26.5%−4.6%−0.1%+0.1%
2017+14.7%−6.3%+21.7%+32.7%+3.6%
2016+21.4%−14.0%+12.0%+7.1%+2.4%
2015−4.4%−16.1%+1.2%+9.4%+0.5%
2014+5.0%−12.7%+13.5%+19.2%+6.0%
2013+38.8%−5.2%+32.3%+36.6%−2.0%
2012+16.3%−12.4%+16.0%+18.1%+3.8%
2011−4.4%−29.0%+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

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

VTWO largest drawdowns

Now 9.4% below the high
VTWO largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Aug 31, 2018−41.2%Mar 23, 2020Nov 9, 20201.6 years2.2 years
Nov 8, 2021−31.9%Jun 16, 2022Nov 6, 20247 months3.0 years
Apr 29, 2011−29.0%Oct 3, 2011Sep 13, 20125 months1.4 years
Nov 25, 2024−27.6%Apr 8, 2025Sep 11, 20254 months10 months
Jun 23, 2015−25.7%Feb 11, 2016Nov 11, 20168 months1.4 years
Jul 3, 2014−12.7%Oct 13, 2014Dec 22, 20143 months6 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

VTWO risk statistics

VTWO risk statistics
Statistic3 years5 years10 yearsSince 2010
Annualized return+17.8%+6.4%+9.9%+10.8%
Volatility (annualized)19.7%20.9%21.0%19.1%
Sharpe ratio0.710.230.450.56
Sortino ratio1.250.350.680.86
Best month+12.3%+12.3%+18.4%+18.4%
Worst month−8.4%−9.8%−21.9%−21.9%
Best 12 months+44.5%+44.5%+95.6%+95.6%
Worst 12 months−3.9%−23.5%−25.2%−25.2%
Positive months61%55%63%63%
Beta vs S&P 5001.271.131.17—
Correlation with S&P 5000.800.840.86—

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.

VTWO rolling returns

VTWO rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year182−25.2%+10.0%+95.6%74%
3-year (a year)158−4.6%+10.3%+21.2%94%
5-year (a year)134−0.2%+8.5%+17.9%99%
10-year (a year)74+5.7%+9.5%+14.7%100%

Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.

VTWO performance overview

Vanguard Russell 2000 ETF (VTWO) returned +13.2% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +10.8% a year, turning $10,000 into about $51,737. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −41.2%, from Aug 31, 2018 to Mar 23, 2020, and it took 8 months to get back to the old high. VTWO finished 11 of its 15 full calendar years with a gain; the best year was 2013 (+38.8%) and the worst 2022 (−20.5%). Volatility has been 19.1% a year.

Related: VTWO chart, VTWO holdings, VTWO dividends. See the VTWO overview for the latest quote and fund facts.

VTWO performance FAQ

What is the VTWO return over the past year?

VTWO returned +13.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.8%.

What is the average annual return of VTWO?

VTWO has returned +5.4% a year over 5 years, +10.1% a year over 10 years, +10.8% a year since September 24, 2010 (total return, distributions reinvested).

How much would $10,000 invested in VTWO be worth?

$10,000 invested in VTWO at its first recorded close on September 24, 2010 would be worth about $51,737 on October 23, 2026 with distributions reinvested.

What was the worst year for VTWO?

The worst calendar year was 2022, with a total return of −20.5%. The best was 2013 at +38.8%.

What is the biggest drawdown of VTWO?

The largest peak-to-trough decline was −41.2% between August 31, 2018 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.

How volatile is VTWO?

Over the past 3 years VTWO had an annualized volatility of 19.7% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).