Vanguard Value (VTV): Historical Returns

Data Source: from January 1927 to June 2024 (~98 years)
Consolidated Returns as of 30 June 2024
Live Update: Jul 15 2024, 10:00AM Eastern Time
Category: Stocks
Vanguard Value (VTV) ETF
Currency: USD
ETF • LIVE PERFORMANCE (USD currency)
0.26%
1 Day
Jul 15 2024, 10:00AM Eastern Time
2.69%
Current Month
July 2024

In the last 30 Years, the Vanguard Value (VTV) ETF obtained a 9.63% compound annual return, with a 15.19% standard deviation. It suffered a maximum drawdown of -54.78% that required 68 months to be recovered.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Value
  • Region: North America
  • Country: U.S.

The Vanguard Value (VTV) ETF is part of the following Lazy Portfolios:

Portfolio Name Author VTV Weight Currency
Sheltered Sam 100/0 Bill Bernstein 25.00% USD
Sheltered Sam 90/10 Bill Bernstein 22.50% USD
Sheltered Sam 80/20 Bill Bernstein 20.00% USD
Edge Select Aggressive Merrill Lynch 19.00% USD
Sheltered Sam 70/30 Bill Bernstein 17.50% USD
Edge Select Moderately Aggressive Merrill Lynch 16.00% USD
Sheltered Sam 60/40 Bill Bernstein 15.00% USD
Seven Value Scott Burns 14.25% USD
Sheltered Sam 50/50 Bill Bernstein 12.50% USD
Edge Select Moderate Merrill Lynch 12.00% USD
Coffeehouse Bill Schultheis 10.00% USD
Coward's Portfolio Bill Bernstein 10.00% USD
Ultimate Buy and Hold Strategy Paul Merriman 10.00% USD
Sheltered Sam 40/60 Bill Bernstein 10.00% USD
Ideal Index Frank Armstrong 9.25% USD
Robo Advisor 100 Betterment 9.20% USD
Edge Select Moderately Conservative Merrill Lynch 9.00% USD
Big Rocks Portfolio Larry Swedroe 9.00% USD
Robo Advisor 90 Betterment 8.20% USD
Edge Select Conservative Merrill Lynch 8.00% USD
Robust Alpha Architect 7.50% USD
Simple Money Portfolio Tim Maurer 7.50% USD
Sheltered Sam 30/70 Bill Bernstein 7.50% USD
Robo Advisor 80 Betterment 7.20% USD
Ultimate Buy&Hold FundAdvice 6.00% USD
Sheltered Sam 20/80 Bill Bernstein 5.00% USD
Tilt Toward Value Time Inc 5.00% USD
Robo Advisor 50 Betterment 4.40% USD
Sheltered Sam 10/90 Bill Bernstein 2.50% USD
Robo Advisor 20 Betterment 1.70% USD
Robo Advisor 10 Betterment 0.90% USD
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Investment Returns as of Jun 30, 2024

The Vanguard Value (VTV) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
VANGUARD VALUE (VTV) ETF
Consolidated returns as of 30 June 2024
Live Update: Jul 15 2024, 10:00AM Eastern Time
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jun 30, 2024
  1 Day Time ET(*) Jul 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~98Y)
Vanguard Value (VTV) ETF 0.26 2.69 0.15 8.66 15.85 10.51 9.88 9.63 9.99
US Inflation Adjusted return 0.21 7.16 12.50 6.09 6.87 6.92 6.80
Returns over 1 year are annualized | Available data source: since Jan 1927
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jun 2024. Current inflation (annualized) is 1Y: 2.98% , 5Y: 4.17% , 10Y: 2.81% , 30Y: 2.53%
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In 2023, the Vanguard Value (VTV) ETF granted a 2.64% dividend yield. If you are interested in getting periodic income, please refer to the Vanguard Value (VTV) ETF: Dividend Yield page.

Capital Growth as of Jun 30, 2024

An investment of 1$, since July 1994, now would be worth 15.76$, with a total return of 1476.21% (9.63% annualized).

The Inflation Adjusted Capital now would be 7.45$, with a net total return of 644.68% (6.92% annualized).

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An investment of 1$, since January 1927, now would be worth 10787.39$, with a total return of 1078639.29% (9.99% annualized).

The Inflation Adjusted Capital now would be 610.19$, with a net total return of 60918.71% (6.80% annualized).

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Investment Metrics as of Jun 30, 2024

Metrics of Vanguard Value (VTV) ETF, updated as of 30 June 2024, provide a comprehensive overview of the portfolio's performance and risk characteristics.

These metrics include detailed data on returns, volatility, drawdowns and other key performance indicators. By examining them, you can gain insights into how the portfolio has performed over various time periods and understand its risk profile.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
VANGUARD VALUE (VTV) ETF
Advanced Metrics
Data Source: 1 January 1927 - 30 June 2024 (~98 years)
Swipe left to see all data
Metrics as of Jun 30, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~98Y)
Investment Return (%) 0.15 -0.88 8.66 15.85 8.01 10.51 9.88 8.86 9.63 9.99
Infl. Adjusted Return (%)
0.21 -1.14 7.16 12.50 2.90 6.09 6.87 6.15 6.92 6.80
US Inflation (%) -0.06 0.26 1.40 2.98 4.97 4.17 2.81 2.56 2.53 2.99
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -8.08 -15.33 -25.07 -25.07 -54.78 -54.78 -84.40
Start to Recovery (# months)
5 8 12 12 68 68 188
Start (yyyy mm) 2023 08 2022 04 2020 01 2020 01 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 6 3 3 21 21 33
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2020 03 2009 02 2009 02 1932 05
Bottom to End (# months) 2 2 9 9 47 47 155
End (yyyy mm) 2023 12 2022 11 2020 12 2020 12 2013 01 2013 01 1945 04
Longest Drawdown Depth (%)
same
-6.58
same

same

same

same

same
Start to Recovery (# months)
8
Start (yyyy mm) 2023 08 2022 12 2020 01 2020 01 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 6 3 3 21 21 33
Bottom (yyyy mm) 2023 10 2023 05 2020 03 2020 03 2009 02 2009 02 1932 05
Bottom to End (# months) 2 2 9 9 47 47 155
End (yyyy mm) 2023 12 2023 07 2020 12 2020 12 2013 01 2013 01 1945 04
Longest negative period (# months)
4 24 24 33 74 139 187
Period Start (yyyy mm) 2023 07 2021 11 2021 11 2017 07 2005 08 1997 08 1929 09
Period End (yyyy mm) 2023 10 2023 10 2023 10 2020 03 2011 09 2009 02 1945 03
Annualized Return (%) -13.99 -0.49 -0.49 -0.25 -0.11 -0.26 -0.45
Deepest Drawdown Depth (%) -8.94 -18.97 -24.93 -24.93 -56.04 -56.04 -80.29
Start to Recovery (# months)
5 26 12 12 74 74 192
Start (yyyy mm) 2023 08 2022 01 2020 01 2020 01 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 9 3 3 21 21 33
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2020 03 2009 02 2009 02 1932 05
Bottom to End (# months) 2 17 9 9 53 53 159
End (yyyy mm) 2023 12 2024 02 2020 12 2020 12 2013 07 2013 07 1945 08
Longest Drawdown Depth (%)
same

same
-18.97 -18.97
same

same

same
Start to Recovery (# months)
26 26
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 9 9 9 21 21 33
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 1932 05
Bottom to End (# months) 2 17 17 17 53 53 159
End (yyyy mm) 2023 12 2024 02 2024 02 2024 02 2013 07 2013 07 1945 08
Longest negative period (# months)
4 29 34 39 87 162 241
Period Start (yyyy mm) 2023 07 2021 07 2019 12 2017 01 2004 07 1998 04 1929 09
Period End (yyyy mm) 2023 10 2023 11 2022 09 2020 03 2011 09 2011 09 1949 09
Annualized Return (%) -16.92 -1.27 -0.42 -0.61 -0.54 -0.24 -0.15
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 12.19 15.44 17.18 14.64 14.89 15.19 18.55
Sharpe Ratio 0.86 0.33 0.49 0.58 0.50 0.48 0.32
Sortino Ratio 1.19 0.47 0.67 0.79 0.66 0.63 0.45
Ulcer Index 3.08 4.48 6.75 5.36 13.85 13.64 21.86
Ratio: Return / Standard Deviation 1.30 0.52 0.61 0.67 0.60 0.63 0.54
Ratio: Return / Deepest Drawdown 1.96 0.52 0.42 0.39 0.16 0.18 0.12
Positive Months (%)
66.66 55.55 58.33 63.33 63.33 63.33 62.39
Positive Months 8 20 35 76 152 228 730
Negative Months 4 16 25 44 88 132 440
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 9.88 16.05 16.05 20.70
Worst 10 Years Return (%) - Annualized 5.42 -1.94 -6.65
Best 10 Years Return (%) - Annualized 6.87 14.03 14.03 18.38
Worst 10 Years Return (%) - Annualized 3.68 -4.42 -5.07
TIMEFRAMES
Inflation Adjusted:
Inflation Adjusted:
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
··· Over the latest 30Y
Best Rolling Return (%) - Annualized 56.14 30.12 23.51 16.05 9.95 9.63
Worst Rolling Return (%) - Annualized -46.17 -16.62 -6.38 -1.94 5.20
Positive Periods (%) 78.7 82.4 87.0 97.5 100.0 100.0
Best Rolling Return (%) - Annualized 52.85 27.16 20.69 14.03 7.27 6.92
Worst Rolling Return (%) - Annualized -46.18 -18.40 -8.79 -4.42 3.06
Positive Periods (%) 73.9 77.2 72.0 88.3 100.0 100.0
95% VaR - Value at Risk (%) - Cumulative
6.34 9.89 12.46 20.66 30.25 9.36 0.00 0.00
95% CVaR - Conditional Value at Risk (%) 8.16 13.04 16.92 31.16 37.65 16.65 3.26 0.00
99% VaR - Value at Risk (%) - Cumulative
9.33 15.06 19.78 40.16 42.52 22.67 15.60 0.00
99% CVaR - Conditional Value at Risk (%) 11.23 18.36 24.44 43.83 55.03 30.75 21.23 0.00
Short term VaRs: analytical | 1+ year VaRs: historical data
Safe Withdrawal Rate (%) 72.54 22.87 14.19 8.54 5.30 8.70
Perpetual Withdrawal Rate (%) --- --- --- --- 2.54 7.53
% based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com
··· All available data (Jan 1927 - Jun 2024)
Best Rolling Return (%) - Annualized 158.97 39.26 34.54 20.70 18.18 14.98
Worst Rolling Return (%) - Annualized -69.03 -43.29 -19.92 -6.65 1.31 7.13
Positive Periods (%) 75.8 84.8 88.5 95.4 100.0 100.0
Best Rolling Return (%) - Annualized 177.32 35.46 33.20 18.38 13.30 11.56
Worst Rolling Return (%) - Annualized -65.62 -38.79 -15.99 -5.07 -0.27 4.99
Positive Periods (%) 69.3 78.2 78.8 89.2 99.7 100.0
95% VaR - Value at Risk (%) - Cumulative
7.87 12.44 15.94 21.80 29.51 34.44 0.00 0.00 0.00
95% CVaR - Conditional Value at Risk (%) 10.09 16.29 21.38 35.67 69.24 79.68 25.14 0.00 0.00
99% VaR - Value at Risk (%) - Cumulative
11.52 18.76 24.88 46.17 124.67 115.69 45.27 0.00 0.00
99% CVaR - Conditional Value at Risk (%) 13.84 22.78 30.56 55.29 152.65 132.35 62.88 0.00 0.00
Short term VaRs: analytical | 1+ year VaRs: historical data
Safe Withdrawal Rate (%) 55.65 15.48 9.13 5.22 3.11 2.69
Perpetual Withdrawal Rate (%) --- --- --- --- --- 2.12
% based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Value at Risk (VaR): it's an evaluation of a cumulative worst-case loss (in absolute value), associated with a probability (95%-99%) and a time horizon. For short term, it's calculated based on the expected return and standard deviation, assuming a normal distribution of monthly returns. For long term is retrieved by the historical rolling return data.
  • Conditional Value at Risk (CVaR): it represents the average expected loss if that worst-case threshold (95%-99%) is ever crossed.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.
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Correlations as of Jun 30, 2024

Correlation measures to what degree the returns of two assets move in relation to each other. It is a statistical measure that describes the extent to which the returns of one asset are related to the returns of another asset.

The following table shows the monthly correlations of Vanguard Value (VTV) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

VANGUARD VALUE (VTV) ETF
Monthly correlations as of 30 June 2024
Swipe left to see all data
Correlation vs VTV
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.94
0.92
0.93
0.93
0.93
SPY
US Large Cap Blend
0.93
0.92
0.93
0.95
0.94
IJH
US Mid Cap Blend
0.97
0.94
0.93
0.90
0.89
IJR
US Small Cap Blend
0.91
0.90
0.88
0.80
0.80
VNQ
US REITs
0.89
0.83
0.72
0.64
0.64
QQQ
US Technology
0.84
0.70
0.74
0.68
0.67
PFF
US Preferred Stocks
0.83
0.75
0.66
0.46
0.46
EFA
EAFE Stocks
0.95
0.90
0.86
0.82
0.79
VT
World All Countries
0.96
0.93
0.93
0.91
0.90
EEM
Emerging Markets
0.79
0.69
0.67
0.72
0.69
BND
US Total Bond Market
0.81
0.40
0.25
0.11
0.13
TLT
US Long Term Treasuries
0.82
0.07
-0.06
-0.15
-0.13
BIL
US Cash
0.01
-0.09
-0.06
0.00
0.00
TIP
US TIPS
0.80
0.51
0.37
0.16
0.18
LQD
US Invest. Grade Bonds
0.83
0.56
0.46
0.29
0.30
HYG
US High Yield Bonds
0.87
0.80
0.77
0.66
0.66
CWB
US Convertible Bonds
0.93
0.75
0.77
0.79
0.79
BNDX
International Bonds
0.76
0.43
0.30
0.12
0.14
EMB
Emerg. Market Bonds
0.93
0.72
0.61
0.56
0.56
GLD
Gold
0.29
0.16
0.04
0.02
0.02
DBC
Commodities
0.00
0.58
0.50
0.34
0.34
Terms and Definitions
Correlation values range between -1 and +1
  • A correlation of +1 indicates that the returns of the two assets move in perfect synchrony; when one asset's returns go up, the other asset's returns also go up by the same percentage, and vice versa. This perfect positive correlation implies that the assets perform similarly in different market conditions.
  • A correlation of -1 indicates a perfect inverse relationship between the returns of the two assets. When one asset's returns go up, the other asset's returns go down by the same percentage. This perfect negative correlation suggests that the assets move in opposite directions, providing a diversification benefit by reducing overall portfolio risk.
  • A correlation of 0 means that there is no linear relationship between the returns of the two assets. The returns of one asset do not predict the returns of the other.
Learn about historical correlations here: see how the main asset classes relate to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

VANGUARD VALUE (VTV) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1927 - 30 June 2024 (~98 years)
Inflation Adjusted:

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Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

VANGUARD VALUE (VTV) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1927 - 30 June 2024 (~98 years)
Inflation Adjusted:

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If you need a deeper detail about rolling returns, please refer to the Vanguard Value (VTV) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in Vanguard Value (VTV) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

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For further information about the seasonality, check the Asset Class Seasonality page.

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Vanguard Value (VTV) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

VANGUARD VALUE (VTV) ETF
Monthly Returns Distribution
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1927 - 30 June 2024 (~98 years)
228 Positive Months (63%) - 132 Negative Months (37%)
730 Positive Months (62%) - 440 Negative Months (38%)

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Investment Returns, up to December 2004, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

The first official book of
Build wealth
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