VANGUARD RUSSELL 1000 VALUE INDEX FUND
U.S. stock index ETF · tracks Russell 1000 Value Index
As of its 2026 Q2 report, VANGUARD RUSSELL 1000 VALUE INDEX FUND held 885 positions with $21.45B in net assets. Its ten largest holdings made up 20.8% of the fund. The VONV share class costs 0.06% a year. Over the 12 months to May 2026, VONV returned 28.5%, with dividends reinvested. In 2026 Q2 it added 14 new positions and exited 13.
Vanguard Russell 1000 Value ETF, an exchange-traded share class of Vanguard Russell 1000 Value Index Fund (the Fund), seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States.
The fund tracks the Russell 1000 Value Index through full replication, holding all or substantially all of the index constituents in their target weights to measure the performance of large-capitalization value stocks in the United States.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
3.22% | $691.34M | 712.0K | $971.00 | |
2.60% | $557.66M | 1.2M | $474.48 | |
GOOGLAlphabet Inc | 2.32% | $497.99M | 1.3M | $380.34 |
2.27% | $486.74M | 1.6M | $299.31 | |
AMZNAmazon.com Inc | 2.12% | $454.82M | 1.7M | $270.64 |
GOOGAlphabet Inc | 1.89% | $405.04M | 1.1M | $376.43 |
1.82% | $391.09M | 2.7M | $145.26 | |
1.61% | $345.54M | 1.5M | $225.33 | |
INTCIntel Corp | 1.50% | $322.45M | 2.8M | $114.68 |
1.42% | $305.42M | 2.5M | $120.42 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 885 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.52% |
| Cash & short-term | 0.39% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 18.4%
- Information Technology
- 17.8%
- Industrials
- 12.8%
- Health Care
- 10.6%
- 10 other sectors
- 40.4%
- Financials
- 18.4%
- Information Technology
- 17.8%
- Industrials
- 12.8%
- Health Care
- 10.6%
- Communication Services
- 8.0%
- Consumer Discretionary
- 6.9%
- Consumer Staples
- 6.8%
- Energy
- 6.3%
- Utilities
- 4.0%
- Materials
- 3.9%
- Real Estate
- 3.8%
- Cash
- 0.4%
- Other
- 0.3%
- International
- 0.0%
How it has done
VONV share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.57%. Past returns are a record, not a forecast.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.05% | +28.48% | +70.15% | +63.71% | -9.75% | |
| 0.06% | +28.47% | +70.11% | +63.62% | -9.76% |
These classes hold the same portfolio, so the 0.09pp spread over 5 years is the cost difference between them — roughly 0.02pp a year — not a difference in what they own.
Fees & fund details
VANGUARD RUSSELL 1000 VALUE INDEX FUND is a U.S. equity index ETF that tracks the Russell 1000 Value Index. 8% of VONV’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.05% – 0.06%· VONV 0.06%
- Portfolio turnover
- 17.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
14 new· the largest 5
13 exited· the largest 7
Understand how this fund fits with the rest.
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