Vanguard Small-Cap Value Index Fund Admiral Shares

Frequently Asked Questions About VSIAX

What does VSIAX invest in?

This economical index fund provides exposure to small-capitalization U.S. value stocks. Value-oriented equities are typically those whose market prices are perceived to be below their intrinsic worth, and such companies often grow at a slower rate than the general market. The fund's objective is to replicate the performance of a value-style index comprising smaller enterprises. A primary risk factor is its concentration in the small-cap sector, a segment of the market known for its volatility. This fund may be an attractive option for investors looking to integrate a passively managed, small-cap value allocation into an existing diversified portfolio.

What is the expense ratio of VSIAX?

Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VSIAX?

Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) is one share class of a fund that manages $64.10B across all of its share classes (VBR reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VSIAX actively managed or an index fund?

VSIAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VSIAX's is 0.07%) because there's no security selection cost.

When was VSIAX launched?

Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) launched in September 2011 and is managed by Vanguard.

How has VSIAX performed?

VSIAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.