Average Daily Volume
941.4K
Fund Overview
The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that seeks to track the performance of the Russell 1000 Value Index. This index measures the investment return of large-capitalization value stocks in the United States. VONV provides investors with exposure to a diversified portfolio of value-oriented companies, which are typically characterized by lower price-to-book ratios and lower expected growth rates compared to growth stocks. The fund is passively managed, aiming to replicate the index's holdings and performance with minimal tracking error. VONV is a cost-effective way for investors to gain broad exposure to the U.S. large-cap value equity market.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
Yes
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 1.89 %
- Currency Hedged
-
No
- Portfolio Turnover
-
17 %
- Dividend Date
-
Why Invest in the VONV ETF?
Potential Benefits
- Provides diversified exposure to large-cap U.S. value stocks, which may offer attractive valuations compared to growth stocks.
- Low expense ratio makes it a cost-efficient option for long-term investors.
- Passive management strategy minimizes turnover and tracking error relative to the index.
- Historically, value stocks have outperformed growth stocks over certain long-term periods.
- Liquidity is strong due to Vanguard's reputation and the fund's size.
Potential Risks
- Value stocks may underperform growth stocks during prolonged bull markets.
- Concentration in financial and cyclical sectors may increase volatility during economic downturns.
- Passive investing means the fund is fully exposed to index declines without active risk management.
- Large-cap stocks may have slower growth potential compared to small or mid-cap stocks.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+4.5%
|
+2.6%
|
-4.9%
|
+8.2%
|
+2.9%
|
+2.2%
|
+3.9%
|
+2.1%
|
-3.2%
|
+0.6%
|
-
|
-
|
| 2025 |
+4.5%
|
+0.5%
|
-2.8%
|
-3.2%
|
+3.6%
|
+3.4%
|
+0.7%
|
+3.1%
|
+1.5%
|
+0.5%
|
+2.7%
|
+0.7%
|
| 2024 |
0.0%
|
+3.6%
|
+5.0%
|
-4.3%
|
+3.2%
|
-1.0%
|
+5.0%
|
+2.7%
|
+1.4%
|
-1.1%
|
+6.4%
|
-6.8%
|
| 2023 |
+5.1%
|
-3.6%
|
-0.4%
|
+1.6%
|
-3.8%
|
+6.6%
|
+3.5%
|
-2.7%
|
-3.8%
|
-3.6%
|
+7.5%
|
+5.6%
|
| 2022 |
-2.5%
|
-1.1%
|
+2.8%
|
-5.7%
|
+2.1%
|
-8.8%
|
+6.5%
|
-3.0%
|
-8.5%
|
+10.0%
|
+6.3%
|
-4.0%
|
| 2021 |
-0.9%
|
+6.1%
|
+5.9%
|
+4.0%
|
+2.3%
|
-1.2%
|
+0.8%
|
+2.1%
|
-3.5%
|
+5.1%
|
-3.6%
|
+6.5%
|
| 2020 |
-2.1%
|
-9.7%
|
-17.2%
|
+11.3%
|
+3.6%
|
-0.8%
|
+3.9%
|
+4.2%
|
-2.5%
|
-1.1%
|
+13.3%
|
+3.7%
|
| 2019 |
+7.9%
|
+3.2%
|
+0.6%
|
+3.5%
|
-6.4%
|
+7.2%
|
+0.8%
|
-3.0%
|
+3.7%
|
+1.4%
|
+3.1%
|
+2.6%
|
| 2018 |
+3.8%
|
-4.8%
|
-1.6%
|
+0.2%
|
+0.7%
|
+0.2%
|
+3.9%
|
+1.5%
|
+0.2%
|
-5.3%
|
+3.0%
|
-9.5%
|
| 2017 |
+0.7%
|
+3.5%
|
-1.0%
|
-0.2%
|
-0.1%
|
+1.6%
|
+1.3%
|
-1.2%
|
+2.9%
|
+0.8%
|
+3.0%
|
+1.6%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
BRK-B
|
BERKSHIRE HATHAWAY INC CLASS B |
3.7 % |
|
JPM
|
JPMORGAN CHASE & CO |
2.9 % |
|
XOM
|
EXXON MOBIL CORP |
1.9 % |
|
WMT
|
WALMART INC |
1.7 % |
|
UNH
|
UNITEDHEALTH GROUP INC |
1.6 % |
|
JNJ
|
JOHNSON & JOHNSON |
1.6 % |
|
PG
|
PROCTER & GAMBLE CO |
1.2 % |
|
BAC
|
BANK OF AMERICA CORP |
1.2 % |
|
CVX
|
CHEVRON CORP |
1.1 % |
|
WFC
|
WELLS FARGO & CO |
1.0 % |
Top 10 holdings shown, out of 873 total holdings.
Related ETFs: VONV vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
VONV tracks the Russell 1000 Value Index, which selects large-cap U.S. stocks exhibiting value characteristics such as lower price-to-book ratios and higher dividend yields. The index is market-cap weighted, meaning larger companies have a greater influence on performance. The ETF holds a broad range of equities, primarily common stocks, and aims for full replication of the index. Rebalancing occurs periodically to align with the index's reconstitution, which happens annually. The fund's passive approach ensures low turnover and tax efficiency.
Frequently Asked Questions
What is the expense ratio of VONV?
VONV has a low expense ratio of 0.08%, making it one of the most cost-efficient value ETFs available.
How often does VONV rebalance?
VONV rebalances in accordance with the Russell 1000 Value Index, which undergoes an annual reconstitution.
Does VONV pay dividends?
Yes, VONV distributes dividends quarterly, reflecting the payouts from its underlying value stocks.
Is VONV suitable for long-term investors?
Yes, VONV is well-suited for long-term investors seeking diversified exposure to undervalued large-cap stocks.
Industry Overview
The Vanguard Russell 1000 Value ETF (VONV) invests in the large-cap value segment of the U.S. equity market. Value investing focuses on stocks that are perceived to be undervalued based on fundamental metrics such as price-to-book, price-to-earnings, and dividend yield. This strategy appeals to investors seeking steady returns and lower volatility compared to growth stocks. The Russell 1000 Value Index, which VONV tracks, includes companies from various sectors, with significant weightings in financials, healthcare, and industrials. Investing in value ETFs like VONV can be a strategic component of a diversified portfolio, particularly for those with a long-term horizon.
Alternative Comparison
Compared to peers like iShares Russell 1000 Value ETF (IWD) and Schwab U.S. Large-Cap Value ETF (SCHV), VONV stands out for its lower expense ratio, making it one of the most cost-effective options in the category. Unlike some actively managed value funds, VONV does not deviate from its index, providing pure exposure to the Russell 1000 Value Index. While IWD offers similar exposure, VONV's Vanguard structure may appeal to investors prioritizing expense efficiency and long-term performance.
Issuer Overview
Vanguard is one of the world's largest investment management companies, known for its low-cost index funds and ETFs. The firm pioneered passive investing and remains a leader in providing cost-efficient, diversified investment solutions. Vanguard's reputation for investor-friendly practices and long-term performance makes it a trusted issuer among retail and institutional investors.
Conclusion
VONV is a compelling choice for investors seeking low-cost, diversified exposure to U.S. large-cap value stocks. Its passive strategy, strong liquidity, and Vanguard's reputation make it a reliable core holding for value-oriented portfolios. While value investing carries cyclical risks, VONV provides an efficient way to capitalize on potential long-term outperformance of undervalued stocks.
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