VTV: Vanguard Morningstar Value ETF

What does VTV hold?#

This fund owns shares of about 300 large US companies that look cheap compared with measures like their earnings or sales. These are called value stocks. Its value goes up and down with this group of companies.

It tracks the Morningstar US Large Cap Value Index. It had 298 holdings as of September 30, 2026, according to Vanguard.

What is the VTV expense ratio?#

VTV charges 0.03% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.03% fee comes to about $3 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has VTV done since 2004?#

From January 2004 to October 2026, VTV returned about 9.7% a year. Say you put in $10,000 at the start. It would have been worth about $81,766 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

VTV returns by year#

What was VTV’s worst drop?#

A drawdown is how far a fund falls from its last high point. VTV’s worst fall was −59.3%, from July 13, 2007 to March 5, 2009. It got back to that high on February 1, 2013.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold VTV?#

One classic strategy holds VTV at least some of the time. Each is a set of written rules you can open, test and copy.

• Papa Bear Portfolio (Muscular Portfolios), by Brian Livingston, 2018

How does VTV compare with similar ETFs?#

Funds that can stand in for VTV:

• SCHV: Schwab U.S. Large-Cap Value ETF, 0.04% a year
• SPYV: State Street SPDR Portfolio S&P 500 Value ETF, 0.04% a year
• IVE: iShares S&P 500 Value ETF, 0.18% a year
• IWD: iShares Russell 1000 Value ETF, 0.18% a year

See all 8 VTV alternatives, compared on the same dates as VTV.

Test VTV in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add VTV, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for VTV. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from Vanguard. We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.