VXF
Vanguard Extended Market ETF
The Vanguard Extended Market ETF seeks investment results that correspond to the price and yield performance of the S&P Completion Index. The index consists mid- and small-cap stocks diversified across growth and value styles.
US
EQUITY
Passive
MANAGEMENT STYLE
13.7 B
ASSETS UNDER MGMT
5 bp
EXPENSES
Fund Basics
| Fund sponsor | Vanguard |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 27, 2001 |
| Assets (mns) | $13,669 |
| Expense ratio | 5 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Delayed |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MARVELL TECHNOLOGY, INC. | 1.1 % |
| CRH PLC | 1.0 % |
| SNOWFLAKE, INC. CLASS A | 1.0 % |
| VERTIV HOLDINGS CO. CLASS A | 0.9 % |
| CLOUDFLARE INC CLASS A | 0.8 % |
| ROBLOX CORP. CLASS A | 0.8 % |
| ALNYLAM PHARMACEUTICALS INC | 0.8 % |
| CARVANA CO. CLASS A | 0.7 % |
| STRATEGY INC | 0.6 % |
| CHENIERE ENERGY INC | 0.6 % |
Constituent Breakdown
| Number of holdings | 3441 |
| Herfindahl-Hirschman Index | 18 |
| Wgt avg mkt cap (mns) | $12,273 |
| Large cap (>$10bn) | 38.0% |
| Mid cap ($2-10bn) | 39.3% |
| Small cap (<$2bn) | 10.8% |
| Developed mkts. | 88.0% |
| Emerging mkts. | 0.6% |
Country Exposure
 |
UNITED STATES | 84.9 % |
 |
BRITAIN | 0.9 % |
 |
BERMUDA | 0.6 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.0% | 2.8% | 18.8% | 13.8% | 6.5% | 9.2% | 8.0% | 8.3% |
| Dividend Yield | 0.7% | 0.9% | 1.3% | 1.4% | 1.3% | 1.4% | 1.5% | 1.4% |
| Total Returns | 11.7% | 3.8% | 20.1% | 15.2% | 7.7% | 10.6% | 9.4% | 9.7% | Ann. Volatility | 24.2% | 23.9% | 21.2% | 20.5% | 22.6% | 22.4% | 23.1% | 22.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.12 | 86% |
| MSCI EAFE | 1.07 | 56% |
| MSCI Emg Mkts | 0.98 | 53% |
Liquidity Measures
| Avg. volume (000) | 460 |
| ADV traded (mns) | $98 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $208.15 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.94/-0.28 |
| Bollinger Bands (Upper/Lower) | $216.38/$196.98 |
| Short interest (% of AUM) | 1.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. VXF |
Expenses vs. VXF |
ALTAR Score™ vs. VXF |
|---|---|---|---|---|
| VB | Vanguard Small-Cap ETF | 65.4% | 0 bp | +6.1% |
| ISCB | iShares Morningstar Small-Cap ETF | 60.4% | -1 bp | +5.7% |
| DFAS | Dimensional U.S. Small Cap ETF | 49.1% | +21 bp | +6.6% |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 46.8% | +12 bp | +6.0% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 43.3% | +2 bp | +5.8% |
| SFYX | SoFi Next 500 ETF | 41.0% | -5 bp | +5.9% |
| ISCG | iShares Morningstar Small-Cap Growth ETF | 41.0% | +1 bp | +2.9% |
| SMLF | iShares U.S. SmallCap Equity Factor ETF | 40.6% | +10 bp | +6.0% |
| SCHA | Schwab U.S. Small-Cap ETF | 39.7% | -1 bp | +5.5% |
| ISCV | iShares Morningstar Small Cap Value ETF | 39.6% | +1 bp | +8.5% |
Risk and Returns: VXF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/10/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
VXF
4.4%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1019 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. VXF's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places VXF in the 30rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
VXFSELL
U/W
HOLD
O/W
BUY