Vanguard Extended Market ETF (VXF) Performance
VXF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.5% since Dec 31, 2025
- 1 year
- +9.6% total return
- 5 years
- +4.9% a year
- 10 years
- +11.3% a year
- Since first price
- +9.8% a year since 2002
VXF trailing returns vs SPY, QQQ, AGG
| Period | VXF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.5% | −2.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.9% | −3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.3% | +1.8% | +7.8% | +8.4% | −1.5% |
| YTD | +10.5% | +9.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.6% | +8.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +75.9%+20.7%/yr | +69.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +26.8%+4.9%/yr | +19.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +192.7%+11.3%/yr | +157.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +452.0%+12.1%/yr | +350.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +507.0%+9.4%/yr | +362.7% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJan 4, 2002 | +909.6%+9.8%/yr | +637.1% | — | — | — |
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: VXF vs SPY
From Jan 4, 2002: VXF grew to $100,963, SPY to $101,005.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VXF returns by calendar year
18 of 23 full years positive. Best 2003 (+43.8%), worst 2008 (−38.7%). 2026 is year to date.
VXF annual returns table
| Year | VXF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.5% | −10.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.4% | −24.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.9% | −9.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +25.5% | −15.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −26.5% | −31.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +12.3% | −12.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +32.4% | −41.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.0% | −7.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.3% | −24.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +18.1% | −4.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +16.2% | −14.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −3.3% | −14.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +7.6% | −11.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +38.3% | −6.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +18.6% | −12.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −3.6% | −27.6% | +1.9% | +3.4% | +7.7% |
| 2010 | +27.6% | −18.5% | +15.1% | +19.9% | +6.4% |
| 2009 | +37.9% | −29.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −38.7% | −53.7% | −36.8% | −41.7% | +7.9% |
| 2007 | +4.5% | −11.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +14.3% | −12.7% | +15.8% | +7.1% | +3.9% |
| 2005 | +10.4% | −7.2% | +4.8% | +1.6% | +2.3% |
| 2004 | +18.5% | −12.3% | +10.7% | +10.5% | +3.8% |
| 2003 | +43.8% | −11.8% | +28.2% | +49.7% | — |
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.
VXF largest drawdowns
Now 8.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 9, 2007 | −58.0% | Mar 9, 2009 | Jan 3, 2011 | 1.4 years | 3.2 years |
| Feb 20, 2020 | −41.7% | Mar 18, 2020 | Aug 26, 2020 | 27 days | 6 months |
| Nov 8, 2021 | −36.4% | Jun 16, 2022 | Nov 6, 2024 | 7 months | 3.0 years |
| Apr 16, 2002 | −31.6% | Oct 9, 2002 | Aug 21, 2003 | 6 months | 1.3 years |
| Apr 29, 2011 | −27.6% | Oct 3, 2011 | Mar 26, 2012 | 5 months | 11 months |
| Dec 4, 2024 | −26.9% | Apr 8, 2025 | Aug 27, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VXF risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2002 |
|---|---|---|---|---|
| Annualized return | +18.8% | +6.2% | +11.2% | +10.0% |
| Volatility (annualized) | 18.2% | 20.2% | 20.3% | 18.7% |
| Sharpe ratio | 0.80 | 0.22 | 0.51 | — |
| Sortino ratio | 1.39 | 0.33 | 0.78 | — |
| Best month | +12.0% | +12.0% | +18.2% | +18.2% |
| Worst month | −8.0% | −10.6% | −21.5% | −21.6% |
| Best 12 months | +39.0% | +39.0% | +98.3% | +98.3% |
| Worst 12 months | −0.5% | −29.6% | −29.9% | −44.6% |
| Positive months | 64% | 57% | 62% | 62% |
| Beta vs S&P 500 | 1.25 | 1.14 | 1.19 | — |
| Correlation with S&P 500 | 0.85 | 0.88 | 0.90 | — |
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.
VXF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 286 | −44.6% | +13.7% | +98.3% | 77% |
| 3-year (a year) | 262 | −16.9% | +11.0% | +31.9% | 87% |
| 5-year (a year) | 238 | −5.5% | +9.3% | +28.3% | 97% |
| 10-year (a year) | 178 | +6.2% | +10.2% | +17.7% | 100% |
Every holding period starting at a month-end since 2002. Returns for 3 years and longer are annualized.
VXF performance overview
Vanguard Extended Market ETF (VXF) returned +9.6% over the past year and +11.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2002 it has returned +9.8% a year, turning $10,000 into about $100,963. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.0%, from Oct 9, 2007 to Mar 9, 2009, and it took 1.8 years to get back to the old high. VXF finished 18 of its 23 full calendar years with a gain; the best year was 2003 (+43.8%) and the worst 2008 (−38.7%). Volatility has been 18.7% a year.
Related: VXF chart, VXF holdings, VXF dividends, VXF valuation. See the VXF overview for the latest quote and fund facts.
VXF performance FAQ
What is the VXF return over the past year?
VXF returned +9.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.4%.
What is the average annual return of VXF?
VXF has returned +4.9% a year over 5 years, +11.3% a year over 10 years, +9.8% a year since January 4, 2002 (total return, distributions reinvested).
How much would $10,000 invested in VXF be worth?
$10,000 invested in VXF at its first recorded close on January 4, 2002 would be worth about $100,963 on October 23, 2026 with distributions reinvested.
What was the worst year for VXF?
The worst calendar year was 2008, with a total return of −38.7%. The best was 2003 at +43.8%.
What is the biggest drawdown of VXF?
The largest peak-to-trough decline was −58.0% between October 9, 2007 and March 9, 2009. It recovered to the old high on January 3, 2011, 1.8 years after the bottom.
How volatile is VXF?
Over the past 3 years VXF had an annualized volatility of 18.2% and a Sharpe ratio of 0.80 (excess return over 1–3 month T-bills per unit of risk).