Vanguard Large-Cap ETF (VV) Performance
VV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.2% since Dec 31, 2025
- 1 year
- +14.0% total return
- 5 years
- +12.0% a year
- 10 years
- +15.4% a year
- Since first price
- +11.0% a year since 2004
VV trailing returns vs SPY, QQQ, AGG
| Period | VV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.2% | −1.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.3% | +3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.1% | +7.5% | +7.8% | +8.4% | −1.5% |
| YTD | +12.2% | +11.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.0% | +12.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.7%+23.6%/yr | +81.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +76.5%+12.0%/yr | +64.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +319.0%+15.4%/yr | +257.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +701.7%+14.9%/yr | +519.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +720.7%+11.1%/yr | +473.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJan 30, 2004 | +963.3%+11.0%/yr | +608.1% | — | — | — |
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: VV vs SPY
From Jan 30, 2004: VV grew to $106,334, SPY to $101,402.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VV returns by calendar year
18 of 21 full years positive. Best 2013 (+32.7%), worst 2008 (−36.7%). 2026 is year to date.
VV annual returns table
| Year | VV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.2% | −9.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.1% | −19.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.3% | −8.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.2% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.9% | −25.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.4% | −5.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +21.0% | −34.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.3% | −6.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.5% | −19.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.0% | −2.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.8% | −9.7% | +12.0% | +7.1% | +2.4% |
| 2015 | +1.0% | −11.9% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.4% | −7.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +32.7% | −5.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +16.2% | −9.9% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.4% | −19.3% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.9% | −15.8% | +15.1% | +19.9% | +6.4% |
| 2009 | +27.4% | −26.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −36.7% | −47.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +6.2% | −9.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +15.4% | −7.8% | +15.8% | +7.1% | +3.9% |
| 2005 | +6.0% | −6.7% | +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.
VV largest drawdowns
Now 2.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 9, 2007 | −54.8% | Mar 9, 2009 | Mar 13, 2012 | 1.4 years | 4.4 years |
| Feb 19, 2020 | −34.3% | Mar 23, 2020 | Aug 6, 2020 | 33 days | 6 months |
| Dec 27, 2021 | −25.7% | Oct 12, 2022 | Dec 13, 2023 | 9 months | 2.0 years |
| Sep 20, 2018 | −19.4% | Dec 24, 2018 | Apr 12, 2019 | 3 months | 7 months |
| Feb 19, 2025 | −19.0% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Jul 20, 2015 | −13.8% | Feb 11, 2016 | Jun 2, 2016 | 7 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2004 |
|---|---|---|---|---|
| Annualized return | +23.1% | +13.4% | +15.3% | +11.0% |
| Volatility (annualized) | 12.6% | 15.9% | 15.5% | 14.7% |
| Sharpe ratio | 1.38 | 0.65 | 0.85 | — |
| Sortino ratio | 2.90 | 1.04 | 1.35 | — |
| Best month | +10.5% | +10.5% | +13.0% | +13.0% |
| Worst month | −5.8% | −9.3% | −12.5% | −17.2% |
| Best 12 months | +38.3% | +38.3% | +59.0% | +59.0% |
| Worst 12 months | +8.6% | −19.9% | −19.9% | −43.0% |
| Positive months | 64% | 58% | 68% | 67% |
| Beta vs S&P 500 | 1.02 | 1.01 | 1.01 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | 1.00 | — |
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.
VV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 262 | −43.0% | +14.5% | +59.0% | 85% |
| 3-year (a year) | 238 | −14.7% | +12.2% | +26.5% | 89% |
| 5-year (a year) | 214 | −6.1% | +12.4% | +23.2% | 95% |
| 10-year (a year) | 154 | +6.6% | +12.6% | +16.8% | 100% |
Every holding period starting at a month-end since 2004. Returns for 3 years and longer are annualized.
VV performance overview
Vanguard Large-Cap ETF (VV) returned +14.0% over the past year and +15.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2004 it has returned +11.0% a year, turning $10,000 into about $106,334. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.8%, from Oct 9, 2007 to Mar 9, 2009, and it took 3.0 years to get back to the old high. VV finished 18 of its 21 full calendar years with a gain; the best year was 2013 (+32.7%) and the worst 2008 (−36.7%). Volatility has been 14.7% a year.
Related: VV chart, VV holdings, VV dividends, VV valuation. See the VV overview for the latest quote and fund facts.
VV performance FAQ
What is the VV return over the past year?
VV returned +14.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.8%.
What is the average annual return of VV?
VV has returned +12.0% a year over 5 years, +15.4% a year over 10 years, +11.0% a year since January 30, 2004 (total return, distributions reinvested).
How much would $10,000 invested in VV be worth?
$10,000 invested in VV at its first recorded close on January 30, 2004 would be worth about $106,334 on October 23, 2026 with distributions reinvested.
What was the worst year for VV?
The worst calendar year was 2008, with a total return of −36.7%. The best was 2013 at +32.7%.
What is the biggest drawdown of VV?
The largest peak-to-trough decline was −54.8% between October 9, 2007 and March 9, 2009. It recovered to the old high on March 13, 2012, 3.0 years after the bottom.
How volatile is VV?
Over the past 3 years VV had an annualized volatility of 12.6% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).