VBK
Vanguard Small-Cap Growth ETF · Vanguard
US Broad Market
1Y Return
+29.4%
Expense Ratio
0.07%
AUM
$19B
Dividend Yield
0.54%
Avg Annual Growth (10Y)
+12.0%
Issuer
Vanguard

Overview

The growth half of the CRSP small-cap universe — ~600 fast-expanding smaller companies at a 0.07% fee.

Top Holdings

TickerHoldingWeight
Industrials~22%
Technology~21%
Healthcare~18%
AXONAxon Enterprise1.2%
DKNGDraftKings0.9%
HEIHEICO Corp.0.8%

Fund Details

Index
CRSP US Small Cap Growth
# Holdings
~600
Inception
Jan 2004
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+12.0%
Avg Annual Yield (10Y)
0.62%

Investment Thesis

Small growth is the market's lottery-ticket corner — historically more volatile and, per the factor literature, the weakest long-run segment. VBK mitigates the worst of it through CRSP's diversified, low-turnover construction and a fee that undercuts active alternatives by an order of magnitude. Its +29.4% year shows what the segment does when risk appetite returns; 2022's -28% showed the reverse.

Who It's For

Aggressive investors who want concentrated exposure to emerging growth companies and understand this is the high-beta end of the equity spectrum. A satellite, never a core.

10-Year History

Annual Closing Price
YearClose% Chg
2016$127.93--
2017$155.94+21.9%
2018$147.06-5.7%
2019$195.14+32.7%
2020$264.03+35.3%
2021$279.08+5.7%
2022$199.82-28.4%
2023$243.38+21.8%
2024$278.67+14.5%
2025$306.54+10.0%
Annual Dividend Yield
YearYield
20160.68%
20170.70%
20180.65%
20190.67%
20200.61%
20210.63%
20220.58%
20230.59%
20240.54%
20250.54%
Annual AUM
YearAUM% Chg
2016$6.0B--
2017$6.8B+13.3%
2018$7.8B+14.7%
2019$8.8B+12.8%
2020$10B+13.6%
2021$11B+10.0%
2022$13B+18.2%
2023$15B+15.4%
2024$17B+13.3%
2025$19B+11.8%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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