VANGUARD S&P SMALL-CAP 600 INDEX FUND

VANGUARD ADMIRAL FUNDS · 2 share classes

U.S. equity index ETF
One fund, 2 share classes:VIOOVSMSX
$5.89B NAV
606 positions · as of 2026-05-31 · filed 2026-07-29

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD S&P SMALL-CAP 600 INDEX FUND is a U.S. equity index ETF that tracks the S&P SmallCap 600 Index. 22% of VIOO’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard S&P Small-Cap 600 ETF, an exchange-traded share class of Vanguard S&P Small-Cap 600 Index Fund (the Fund), seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States.

Strategy · summarised

The fund tracks the S&P SmallCap 600 Index by holding all or substantially all of its constituent stocks in the same proportions as the index.

Expenses
0.03% 0.07%across 2 share classes
Share classExpense ratio
VIOO0.07%
VSMSX0.03%

Portfolio turnover 22.00% · as of 2026 Q2

Allocation

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

100.03%
of net assets
Stocks99.79%
Cash & short-term0.23%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Financials17.6%
Industrials17.1%
Information Technology15.8%
Consumer Discretionary13.1%
10 smaller36.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
22%of stock holdings in top-quartile growers
covering 97% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 31 new33 exited

Largest new: AGX, MOH, MTCH, PAYC, LW, LYFT, VSEC, PIPR

Largest exited: SOLS, MOG/A, IDCC, CTRE, SITM, Air Lease Corp, Sealed Air Corp, Piper Sandler Cos

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+38.85%+53.10%+34.29%13.50%-19.71%
+38.90%+53.17%+34.47%13.50%-19.69%

These classes hold the same portfolio, so the 0.18pp spread over 5 years is the cost difference between them — roughly 0.04pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is 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
Sanmina CorpSANM0.83%$49.09M
Semtech CorpSMTC0.83%$48.86M
Viavi Solutions IncVIAV0.66%$38.89M
Viasat IncVSAT0.64%$37.90M
Lumen Technologies IncLUMN0.61%$35.89M
Element Solutions IncESI0.57%$33.41M
FormFactor IncFORM0.57%$33.43M
Argan IncAGX0.54%$32.03M
Molina Healthcare IncMOH0.53%$30.94M
Enphase Energy IncENPH0.53%$30.96M
Showing 10 of 606Sign in to see more

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.

Top 10 positions are 6.30% of net assets, top 25 13.16%, across 602 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.

Sign in free