Vanguard Value Index Fund ETF Shares
VTV US IndexUpdated: Jul 4, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Micron Technology Inc | MU | 4.15% | |
| JPMorgan Chase & Co | JPM | 2.87% | |
| Berkshire Hathaway Inc Class B | BRK-B | 2.81% | |
| Exxon Mobil Corp | XOM | 2.3% | |
| Johnson & Johnson | JNJ | 2.06% | |
| Walmart Inc | WMT | 1.93% | |
| Intel Corp | INTC | 1.74% | |
| Cisco Systems Inc | CSCO | 1.63% | |
| Caterpillar Inc | CAT | 1.55% | |
| AbbVie Inc | ABBV | 1.46% |
Sector Allocation
About This ETF
The Vanguard Value Index Fund ETF Shares (VTV) is a US Index ETF with an expense ratio (TER) of 0.03% and $245B in assets under management., with its largest holdings being Micron Technology Inc, JPMorgan Chase & Co, Berkshire Hathaway Inc Class B. The ETF currently yields 1.88% in dividends. Year-to-date, VTV has returned +14.86%. With an expense ratio of just 0.03%, it is one of the cheapest ETFs in its category.
The fund manager employs an indexing investment approach designed to track the target index, a broadly diversified index made up of the value stocks of large U.S. companies, as determined by the index provider. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the target index.
FAQ — VTV
What is the TER of VTV (Vanguard Value Index Fund ETF Shares)?
VTV has a Total Expense Ratio (TER) of 0.03 % per year. That sits below the us index category median (0.06 % across 14 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has VTV delivered?
Performance for VTV: YTD: +14.86 % · 3-year p.a.: +18.07 % · 5-year p.a.: +12.22 %. Over 5 years, VTV outperforms the us index category median of +11.36 % by +0.86 pp. Past performance is no guarantee of future returns.
What are the top holdings of VTV?
The five largest positions in VTV are: MU, JPM, BRK-B, XOM, JNJ. The full holdings list is updated daily on this page.
Does VTV pay dividends?
VTV has a current dividend yield of 1.88 %. Distributing ETFs pay this out in cash; accumulating versions reinvest it inside the fund. Check the share class on your broker before buying.
Where can I buy or set up a savings plan for VTV?
VTV is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
What is the Vanguard Value Index Fund ETF (VTV)?
The Vanguard Value Index Fund ETF (VTV) holds financially sound large-cap U.S. companies selected on classic value criteria such as low price-to-earnings or price-to-book ratios. With 237.8 billion USD in assets and an ultra-low expense ratio of just 0.03 %, it ranks among the world's largest and cheapest value funds. Heavyweights like JPMorgan Chase, Berkshire Hathaway and Exxon Mobil shape a broadly diversified portfolio spanning many sectors of the economy.
Performance and Drivers
VTV has returned 10.37 % year to date, 18.75 % over three years and 11.32 % over five years (all in USD, before currency effects). The price trades around 211 USD, near its 52-week high of 212.81 USD and well above the low of 169.61 USD.
Returns are driven largely by heavy weightings in financial services (22.33 %), healthcare (14.47 %) and industrials (13.99 %). Unlike growth-oriented funds, VTV carries less technology exposure (13.35 %), so its performance behaves differently across market cycles. The dividend yield of 1.92 % adds a steady income component to total returns over time.
Risk Profile
Despite broad diversification across more than ten sectors, several risks deserve attention:
- Mega-cap concentration: Top positions such as JPMorgan Chase (3.09 %), Berkshire Hathaway (2.86 %) and Exxon Mobil (2.49 %) carry outsized weight.
- Sector tilt: At 22.33 % in financial services, the fund is sensitive to interest-rate and credit cycles.
- Currency risk (USD): For euro-area investors, a weaker U.S. dollar can erode or even wipe out returns earned in USD.
- Style risk: Value stocks can lag growth stocks for extended periods.
Who Is It Suitable For?
VTV fits long-term investors with a horizon of at least seven to ten years who want low-cost exposure to financially sound U.S. companies and can sit through volatility. The low 0.03 % expense ratio and 1.92 % dividend yield make it attractive for buy-and-hold strategies and as a value building block within a broader portfolio.
It is less suitable for investors seeking short-term gains, a high technology weighting, or those unwilling to bear U.S. dollar currency risk. Anyone aiming for worldwide diversification beyond the United States should pair VTV with internationally oriented funds. This is not investment advice.
Comparison with Other Value ETFs
In the U.S. value equity segment, VTV competes with several established funds:
- iShares S&P 500 Value ETF (IVE): Tracks the value portion of the S&P 500 and resembles VTV in its focus on large U.S. value names, with a slightly different index methodology.
- Vanguard Mega Cap Value ETF (MGV): From the same provider, concentrating even more tightly on the largest U.S. value stocks.
- iShares Russell 1000 Value ETF (IWD): A broader universe of roughly 1,000 names that also includes mid-sized companies.
VTV stands out mainly through its very low expense ratio and large fund size.
Where can I buy VTV?
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