VANGUARD SMALL-CAP INDEX FUND

VANGUARD INDEX FUNDS · Series S000002845 · 5 share classes

Equity fund · 100% stocks
One fund, 5 share classes:NAESXVSMAXVSCIXVBVSCPX
$188.70B NAV
1,316 positions · as of 2026-06-30 · filed 2026-08-28
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Small-Cap Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks.

Strategy · summarised

The fund tracks the CRSP US Small Cap Index by holding all or substantially all of its constituent stocks in the same proportions as the index. Because the fund replicates the index rather than sampling it, performance will closely match the target index before fees.

Expenses
0.02% 0.17%across 5 share classes
Share classExpense ratio
NAESX0.17%
VSMAX0.05%
VSCIX0.03%
VB0.03%
VSCPX0.02%

Portfolio turnover 17.00% · as of 2026 Q2

Allocation

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

101.50%
of net assets
Stocks99.77%
Cash & short-term1.73%
Derivatives0.00%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 47 new48 exited

Largest new: DD, FDXF, IP, LNT, IFF, FTV, GIS, NVR

Largest exited: CIEN, LITE, FIX, COHR, DuPont de Nemours Inc, RKLB, BE, Hologic Inc

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+33.22%+58.09%+36.76%12.03%-16.35%
+33.37%+58.65%+37.58%12.02%-16.30%
+33.40%+58.72%+37.65%12.03%-16.30%
+33.38%+58.67%+37.60%12.03%-16.30%
+33.41%+58.76%+37.72%12.03%-16.30%

These classes hold the same portfolio, so the 0.96pp spread over 5 years is the cost difference between them — roughly 0.19pp a year — not a difference in what they own.

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 Cmt Funds-Vanguard Market Liquidity Fund1.73%$3.26B
Credo Technology Group Holding LtdCRDO0.55%$1.04B
Jabil IncJBL0.49%$932.67M
REVOLUTION Medicines IncRVMD0.46%$867.32M
Astera Labs IncALAB0.45%$854.35M
Natera IncNTRA0.45%$846.77M
EMCOR Group IncEME0.45%$845.59M
Twilio IncTWLO0.38%$718.24M
NRG Energy IncNRG0.38%$706.74M
MKS Instruments IncMKSI0.36%$688.94M
Showing 10 of 1,316Sign in to see more

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 5.70% of net assets, top 25 10.75%, across 1.3K 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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