VSMAX

Vanguard Small-Cap Index Fund Admiral Shares

$139.68−1.86 (−1.31%)Close Nov 12, 2026

Nov 13, 2000 – Nov 12, 2026, Dividends reinvested

Final balance: $103,797
CAGR: +9.42%
Max drawdown: −59.68%
Sharpe ratio: 0.51

Growth of $10,000

Trailing returns (%)

VSMAX's average annual return was 10.64% over the last 10 years and 9.24% over the last 20 years, through Nov 12, 2026. $10,000 in VSMAX on Nov 11, 2016 grew to $27,478 by Nov 12, 2026, with dividends reinvested.

	Total	Per year
VSMAX	+1.15	−4.82	+2.42	+14.11	+15.38	+18.36	+5.73	+10.64	+11.55	+9.24	+10.08	+9.42

Total

1M: +1.15%
3M: −4.82%
6M: +2.42%
YTD: +14.11%
1Y: +15.38%

Per year

3Y: +18.36%
5Y: +5.73%
10Y: +10.64%
15Y: +11.55%
20Y: +9.24%
25Y: +10.08%
Since 2000: +9.42%

Annual returns

2000 from Nov 13 · 2026 through Nov 12

VSMAX returns by year

Year	Return
2026 through Nov 12	+14.11%
2025	+8.83%
2024	+14.23%
2023	+18.17%
2022	−17.61%
2021	+17.74%
2020	+19.06%
2019	+27.37%
2018	−9.33%
2017	+16.24%
2016	+18.30%
2015	−3.64%
2014	+7.52%
2013	+37.83%
2012	+18.23%
2011	−2.68%
2010	+27.89%
2009	+36.34%
2008	−36.02%
2007	+1.24%
2006	+15.76%
2005	+7.50%

Metrics

Since 2000

Volatility	22.59%
Sortino ratio	0.72
Calmar ratio	0.16
Best year, 2003	+45.76%
Worst year, 2008	−36.02%
Positive years	19 of 25
Longest drawdown	3.4 years

Worst drawdowns

Since 2000

Decline	Peak	Bottom	Recovered	Length
−59.7%	Jul 2007	Mar 2009	Dec 2010	3.4 years
−41.8%	Feb 2020	Mar 2020	Nov 2020	9 months
−36.6%	Apr 2002	Oct 2002	Oct 2003	1.5 years
−28.4%	Apr 2011	Oct 2011	Sep 2012	1.4 years
−28.1%	Nov 2021	Jun 2022	Jul 2024	2.7 years