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Sunday, August 23, 2026The Morning Brief →Sign in

Vanguard S&P Small-Cap 600 Growth Index Fund

$149.58+0.61% today
11415452-WK

The advisor employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Growth Index, which represents the growth companies, as determined by the index sponsor, of the S&P SmallCap 600 Index. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Price & daily flows
145.4134.1122.8149.58DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +22.1% so far this year. At 0.15% a year it is not the cheapest way in — XLI runs the same ground at 0.09%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$954Massets under management
0.15%expense ratio · $15 per $10,000 a year
net flow, trailing month
23Kavg daily volume, 30 days
347holdings · US-domiciled
2010listed September 6, 2010 · beta 1.07
The book at a glance
CORT+1.0%EAT+5.6%VSAT+0.9%PTGX+2.4%FORM-1.3%RHP-0.1%ALKS+0.6%ETSY-0.2%AWI+0.2%GKOS+0.0%FSS+0.4%ESE+0.9%MSGS+1.9%ZWS+0.4%SNEX+3.4%TGTX+7.3%AGX-2.9%LYFT+0.4%NPO-0.1%ECG+0.5%VSEC+1.4%JBTM+0.6%ENVA+2.3%KGS+1.4%FTDR+0.8%PTCT-1.0%CWST-1.1%LGND-0.4%SXT+1.5%POWL+0.1%AROC-1.5%VIRT+11.0%IBP+0.9%AX+0.7%GVA+0.6%ROAD-0.9%AIR+1.8%TRNO-0.3%BOOT+3.3%LTH+0.9%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1CORTCORCEPT THERAPEUTICS1.31%$122.25+1.0%
2EATBRINKER INTERNATIONAL1.13%$246.06+5.6%
3VSATVIASAT1.14%$74.72+0.9%
4PTGXPROTAGONIST THERAPEUTICS1.03%$154.32+2.4%
5FORMFORMFACTOR1.02%$114.16-1.3%
6RHPRYMAN HOSPITALITY PROPERTIES0.99%$128.50-0.1%
7ALKSALKERMES0.91%$48.33+0.6%
8ETSYETSY0.87%$81.03-0.2%
9AWIARMSTRONG WORLD INDUSTRIES0.86%$178.54+0.2%
10GKOSGLAUKOS0.85%$184.89+0.0%
11FSSFEDERAL SIGNAL0.84%$122.51+0.4%
12ESEESCO TECHNOLOGIES0.83%$287.24+0.9%
13MSGSMADISON SQUARE GARDEN SPORTS0.81%$406.16+1.9%
14ZWSZURN ELKAY WATER SOLUTIONS0.82%$49.01+0.4%
15SNEXSTONEX GROUP0.79%$68.47+3.4%

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Sector weights
Industrials19.78%
Consumer Discretionary19.38%
Finance16.76%
Information Technology16.07%
Technology15.51%
Consumer Cyclical15.16%
Producer Manufacturing13.3%
Healthcare12.03%
Financial Services10.84%
Financials10.12%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States98.78%
Bermuda1.4%
Cayman Islands1.14%
Other0.72%
Ireland0.48%
Singapore0.3%
Israel0.26%
Netherlands0.07%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.6%
1 month+1.3%
3 months+7.5%
6 months+14.1%
YTD+22.1%
1 year+22.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JulSepOct
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
17%realized volatility, 30 days (annualized)
17%realized volatility, 1 year
-9.2%deepest fall from a peak, 1 year
-2.9%where it sits vs. that peak today

The top holding is 1.3% of the book; the top ten carry 10%. Spread across 250+ names, it behaves like roughly 185 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
12Kshares traded
Most-traded holdings, options premiumBullishBearish
MARA MARATHON DIGITAL$12M$15M
DAVE DAVE$5M$3M
CLSK CLEANSPARK$4M$3M
POWL POWELL INDUSTRIES$3M$2M
TGTX TG THERAPEUTICS$3M$2M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against VIOG

Due diligence cuts both ways. These funds sit on the same shelf and beat VIOG on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-10bp on fee · 134× the assets · +$547M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-11bp on fee · 35× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-11bp on fee · 29× the assets · +$103M in over the monthHead-to-head
ILCG iShares Morningstar Growth ETF0.04%$3.3B+$7M-11bp on fee · 3× the assets · +$7M in over the monthHead-to-head
IMCB iShares Morningstar Mid-Cap ETF0.04%$1.7B+$15M-11bp on fee · 2× the assets · +$15M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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