- What does VSMAX invest in?
- This cost-effective index fund offers extensive access to the U.S. small-cap stock sector. Its primary goal is to mirror the performance of an index composed of smaller corporations. A significant risk associated with this fund is its concentration in the small-capitalization space, an area frequently characterized by market volatility. It presents a compelling option for investors aiming to integrate a small-cap equity component into an existing, well-diversified portfolio.
- What is the expense ratio of VSMAX?
- Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VSMAX?
- Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) manages $188.20B 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 VSMAX actively managed or an index fund?
- VSMAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was VSMAX launched?
- Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) launched in November 2000 and is managed by Vanguard.
- How has VSMAX performed?
- VSMAX'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.
