Vanguard Wellington U.S. Value Active ETF (VUSV) Valuation
VUSV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.5 trailing earnings
- Forward P/E
- 15.9 analyst estimates
- Price / sales
- 1.78
- Price / book
- 2.95
- EV / EBITDA
- 12.2
- Earnings yield
- 3.93% inverse of P/E
- Dividend yield
- 1.45% of the holdings
- Return on equity
- 11.6% combined
- Net margin
- 7.0% combined
- Beta
- 0.99 weighted, vs S&P 500
VUSV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VUSV | 25.5 | 15.9 | 1.78 | 2.95 | 1.45% | 11.6% | 7.0% | 4.2% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
VUSV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 16.1% | 13.9 | 11.1 | 2.49 | 1.74 | 1.98% | 12.5% |
| Technology | 16.0% | 40.5 | 26.2 | 7.80 | 8.04 | 0.47% | 19.8% |
| Healthcare | 14.6% | 42.0 | 16.5 | 1.04 | 3.47 | 1.18% | 8.3% |
| Industrials | 12.1% | 27.7 | 19.7 | 1.76 | 3.90 | 1.13% | 14.0% |
| Consumer Cyclical | 7.9% | 25.0 | 14.9 | 1.29 | 3.16 | 0.86% | 12.6% |
| Energy | 6.0% | 23.2 | 13.8 | 2.07 | 2.80 | 2.20% | 12.0% |
| Basic Materials | 6.0% | 30.8 | 17.2 | 1.87 | 2.75 | 0.99% | 8.9% |
| Communication Services | 5.8% | 48.0 | 14.4 | 3.08 | 3.36 | 0.48% | 7.0% |
| Consumer Defensive | 5.7% | 21.2 | 12.1 | 0.58 | 2.20 | 3.03% | 10.4% |
| Real Estate | 4.0% | 32.0 | 39.1 | 9.81 | 3.50 | 3.33% | 10.9% |
| Utilities | 3.4% | 20.2 | 14.5 | 2.59 | 1.67 | 3.40% | 8.3% |
VUSV earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How VUSV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VUSV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 3.08% | 20.1 | 23.6 | 3.5 | — | 4.28% |
| GOOGL | Alphabet Inc. | 3.03% | 17.1 | 22.8 | 9.3 | 0.26% | 4.95% |
| MRK | Merck & Co., Inc. | 2.72% | 115.8 | 15.3 | 5.4 | 2.33% | 0.65% |
| MSFT | Microsoft Corporation | 2.67% | 29.5 | 25.1 | 11.8 | 0.74% | 2.53% |
| ASML | ASML Holding N.V. | 2.61% | 40.4 | 28.9 | 16.0 | 0.55% | 1.81% |
| CB | Chubb Limited | 2.07% | 12.7 | 11.6 | 2.2 | 1.13% | 4.52% |
| MS | Morgan Stanley | 2.06% | 14.3 | 14.9 | 3.6 | 2.55% | 4.01% |
| SLB | Schlumberger Limited | 1.90% | 23.9 | 15.9 | 2.0 | 2.38% | 2.22% |
| UNH | UnitedHealth Group Incorporated | 1.86% | 25.8 | 16.6 | 0.8 | 2.31% | 2.01% |
| WFC | Wells Fargo & Company | 1.74% | 11.8 | 10.2 | 3.0 | 2.38% | 4.10% |
| MTB | M&T Bank Corporation | 1.65% | 11.4 | 10.6 | 3.3 | 2.79% | 4.04% |
| DOV | Dover Corporation | 1.64% | 23.7 | 16.9 | 3.1 | 1.07% | 1.94% |
| EMR | Emerson Electric Co. | 1.62% | 35.3 | 21.5 | 4.9 | 1.37% | 1.28% |
| DKS | DICK'S Sporting Goods, Inc. | 1.61% | 15.7 | 11.4 | 0.7 | 3.46% | 2.87% |
| JHX | James Hardie Industries plc | 1.60% | 103.3 | 21.8 | 2.8 | — | 0.43% |
| NVDA | NVIDIA Corporation | 1.53% | 27.1 | 24.9 | 17.1 | 0.47% | 1.58% |
| RS | Reliance Steel & Aluminum Co. | 1.52% | 23.9 | 16.4 | 1.3 | 1.22% | 1.78% |
| DE | Deere & Company | 1.52% | 35.7 | 29.3 | 3.6 | 1.01% | 1.19% |
| CAH | Cardinal Health, Inc. | 1.49% | 35.1 | 17.7 | 0.2 | 0.81% | 1.19% |
| PLD | Prologis, Inc. | 1.45% | 27.7 | 29.2 | 12.4 | 3.40% | 1.46% |
| DIS | The Walt Disney Company | 1.44% | 22.8 | 13.8 | 1.9 | 1.36% | 1.76% |
| NOC | Northrop Grumman Corporation | 1.43% | 16.5 | 17.0 | 1.7 | 1.90% | 2.42% |
| NXPI | NXP Semiconductors N.V. | 1.42% | 19.6 | 12.9 | 4.4 | 1.77% | 2.03% |
| SRE | Sempra | 1.42% | 24.1 | 14.5 | 4.0 | 3.15% | 1.64% |
| AZN | AstraZeneca PLC | 1.32% | — | — | — | — | — |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About VUSV valuation
Adding up its 77 holdings with company data, VUSV trades at 25.5 times trailing earnings and 15.9 times analysts' forward estimates, with a price-to-book ratio of 2.95 and a dividend yield of 1.45%. Its earnings yield of 3.93% is 1.40 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 23.7% of the fund and earn 31.1% of its combined profit. By sector, Communication Services is the most expensive at 48.0 times earnings and Financial Services the cheapest at 13.9. Companies that lost money over the past year are 4.2% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 92.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: VUSV chart, VUSV holdings, VUSV dividends.
VUSV valuation FAQ
What is the P/E ratio of VUSV?
Based on its holdings, VUSV has a trailing P/E of 25.5 and a forward P/E of 15.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VUSV?
The trailing earnings yield is 3.93% (1 ÷ P/E) and the forward earnings yield 6.28%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VUSV more expensive than the S&P 500?
VUSV trades at 25.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.9 and 19.9.
What is the price-to-book ratio of VUSV?
The holdings of VUSV trade at 2.95 times book value, with a combined return on equity of 11.6%.
Which sector in VUSV has the highest P/E?
Communication Services has the highest P/E at 48.0 and Financial Services the lowest at 13.9.