Vanguard Small Cap Index Fund Admiral Shares (VSMAX)

Fund Assets	182.65B
Expense Ratio	0.05%
Min. Investment	$3,000
Turnover	17.00%
Dividend (ttm)	1.67
Dividend Yield	1.20%
Dividend Growth	3.53%
Payout Frequency	Quarterly
Ex-Dividend Date	Mar 27, 2026

Previous Close	137.54
YTD Return	14.60%
1-Year Return	27.25%
5-Year Return	40.32%
52-Week Low	110.03
52-Week High	141.55
Beta (5Y)	n/a
Holdings	1314
Inception Date	Oct 3, 1960

About VSMAX

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.

• Fund Family: Vanguard
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VSMAX
• Share Class: Admiral Shares
• Index: CRSP US Small Cap TR

Performance

VSMAX had a total return of 27.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.95%.

Equivalent ETF

VSMAX has an equivalent ETF with the ticker symbol VB, the Vanguard Small-Cap ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.03% compared to 0.05% for VSMAX.

Symbol	Name	Expense Ratio
VB	Vanguard Small-Cap ETF	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
VSCPX	Institutional Plus Shares	0.02%
VSCIX	Institutional Shares	0.03%
NAESX	Investor Shares	0.17%

Top 10 Holdings

5.35% of assets

Name	Symbol	Weight
Slcmt1142	n/a	1.36%
EMCOR Group, Inc.	EME	0.51%
Bloom Energy Corporation	BE	0.48%
Ciena Corporation	CIEN	0.48%
Jabil Inc.	JBL	0.43%
Flex Ltd.	FLEX	0.43%
NRG Energy, Inc.	NRG	0.42%
Comfort Systems USA, Inc.	FIX	0.41%
Lumentum Holdings Inc.	LITE	0.41%
Atmos Energy Corporation	ATO	0.40%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 27, 2026	$0.4662	Mar 30, 2026
Dec 22, 2025	$0.4441	Dec 23, 2025
Sep 29, 2025	$0.3857	Sep 30, 2025
Jun 30, 2025	$0.3774	Jul 1, 2025
Mar 27, 2025	$0.4402	Mar 28, 2025
Dec 23, 2024	$0.4329	Dec 24, 2024