VFVA

Issuer

Vanguard

Inception

2018-02-13

Exchange

CBOE

CUSIP

921935805

Structure

—

Benchmark

—

Leverage

1x

Reset

—

The fund's manager employs a systematic, data-driven approach to evaluate U.S. common stocks, specifically targeting those with comparatively low market valuations when assessed against their underlying financial fundamentals. Its holdings are broadly diversified, encompassing companies of varying market capitalizations—large, mid, and small—as well as numerous economic sectors and distinct industry groups. The primary objective is to achieve long-term capital appreciation. Typically, a minimum of 80% of the fund's assets will be invested in securities issued by American companies. This "Value factor" is precisely measured using criteria such as book value-to-price ratio, forward earnings-to-price ratio, and (for non-financial entities only) operating cash flows-to-price ratio.

Reported net asset value

$161.26

NAV provider updated

2026-10-30 UTC

Premium / discount

—

Median spread · 30D

—

Average volume · 30D

14.5K

Shares outstanding

—

Options

—

TTM distribution yield

1.8%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-09-23

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.13%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$13.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

14.08%

Beta vs VOO · 1Y

—

Maximum drawdown · 1Y

▼ −8.6%

Historical risk measures describe past behavior and do not predict future returns.