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) manages $67.80B in total assets. 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.