TOTAL STOCK MARKET INDEX PORTFOLIO

VANGUARD VARIABLE INSURANCE FUNDS

U.S. equity index fund
$7.23B NAV
3 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

TOTAL STOCK MARKET INDEX PORTFOLIO is a U.S. equity index fund that tracks the S&P Total Market Index.

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Variable Insurance Funds Total Stock Market Index Portfolio (the Fund) seeks to track the performance of a benchmark index that measures the investment return of the overall stock market.

Strategy · summarised

The fund is a fund of funds that seeks to track the S&P Total Market Index, a broad market-capitalization weighted index of U.S. common stocks across all market capitalizations. It obtains its exposure by investing substantially all its assets in two underlying Vanguard funds rather than holding securities directly. Because the fund tracks an index that may become concentrated in particular issuers or industries due to market conditions, the fund itself may become concentrated accordingly.

Expenses
0.13%one share class
Share classExpense ratio
C0000121520.13%

Portfolio turnover 7.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.40%
of net assets
Stocks99.64%
Cash & short-term0.77%
Derivatives-0.01%

Look-through blends 2 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+31.23%
3-year
+78.35%
5-year
+74.32%
Volatility
13.34%
Worst 3-yr fall
-9.19%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Vanguard VIF Equity Index Portfolio88.34%$6.39B
Vanguard Extended Market Index Fund11.69%$845.44M
Vanguard Cmt Funds-Vanguard Market Liquidity Fund0.00%$0.19M
Showing 3 of 3

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 100.03% of net assets, top 25 100.03%, across 3 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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