VEVFX Performance — Vanguard Explorer Value Fund, Investor Shares
Data updated: 2026-07-29
VEVFX returned +12.71% year to date and +30.83% over one year to May 2026. Annualised returns are +18.09% over 3 years and +7.11% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $165, against $156 for the category, and to $131 over one year, against $129. Volatility over the past three years was 18.66% a year. In the 12 months to May 2026 the fund took in a net $142.8M, and assets reached $1.25B.
VEVFX Growth of $100
What $100 invested in Vanguard Explorer Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | VEVFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $131 | $129 |
| 3 years (Jun 2023 – May 2026) | $165 | $156 |
| 5 years (Jun 2021 – May 2026) | $141 | $140 |
| Since data start (Sep 2019 – May 2026) | $202 | $210 |
VEVFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.71% |
| 1 year | +30.83% |
| 3 years (annualised) | +18.09% |
| 5 years (annualised) | +7.11% |
VEVFX Annual Returns
Calendar-year total returns of Vanguard Explorer Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.71% |
| 2025 | +7.43% |
| 2024 | +14.45% |
| 2023 | +15.29% |
| 2022 | −14.14% |
| 2021 | +28.43% |
| 2020 | +3.26% |
| 2019 (Sep–Dec) | +11.03% |
VEVFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.1% | +2.8% | −5.8% | +9.7% | 0.0% | — | — | — | — | — | — | — |
| 2025 | +3.4% | −5.1% | −6.3% | −5.0% | +6.0% | +4.8% | +1.9% | +6.8% | +0.2% | −2.8% | +1.9% | +2.5% |
| 2024 | −2.0% | +4.1% | +4.5% | −5.8% | +5.7% | −2.3% | +9.8% | −0.7% | +0.1% | −0.5% | +9.4% | −7.3% |
| 2023 | +10.4% | −2.3% | −5.3% | −1.8% | −3.3% | +9.5% | +4.3% | −2.5% | −5.2% | −5.7% | +8.2% | +10.3% |
| 2022 | −4.1% | +1.0% | +0.1% | −7.2% | +2.5% | −10.8% | +9.3% | −4.2% | −11.0% | +12.0% | +6.2% | −6.0% |
| 2021 | +2.5% | +9.9% | +3.5% | +4.9% | +2.2% | −2.3% | −0.7% | +1.6% | −2.2% | +3.8% | −2.9% | +5.7% |
| 2020 | −4.3% | −9.8% | −27.7% | +15.5% | +4.5% | +2.5% | +2.9% | +4.3% | −4.9% | +2.8% | +17.5% | +8.6% |
| 2019 | — | — | — | — | — | — | — | — | +2.9% | +0.6% | +3.2% | +3.9% |
VEVFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 18.66%
- 3-year Sharpe ratio: 0.73 (vs 4.5% risk-free rate)
- Best month: +10.25% (Dec 2023)
- Worst month: −7.25% (Dec 2024)
VEVFX Fund Flows
Monthly money in and out of Vanguard Explorer Value Fund, from SEC Form N-PORT.
- 12-month net flow: $142.8M
- 12-month gross sales (incl. reinvestments): $373.2M
- Sales ÷ redemptions: 1.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $31.5M | $11.4M | $20.0M |
| Apr 2026 | $26.4M | $13.0M | $13.5M |
| Mar 2026 | $43.3M | $70.6M | −$27.3M |
| Feb 2026 | $133.5M | $9.7M | $123.8M |
| Jan 2026 | $12.3M | $15.3M | −$3.0M |
| Dec 2025 | $95.6M | $15.3M | $80.2M |
| Nov 2025 | $2.9M | $14.2M | −$11.3M |
| Oct 2025 | $5.5M | $16.5M | −$10.9M |
| Sep 2025 | $9.8M | $18.8M | −$9.0M |
| Aug 2025 | $3.6M | $15.5M | −$11.9M |
| Jul 2025 | $4.6M | $14.7M | −$10.1M |
| Jun 2025 | $4.2M | $15.4M | −$11.2M |
VEVFX Assets Under Management
Net assets of Vanguard Explorer Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.25B |
| 2026-02-28 | $1.21B |
| 2025-11-30 | $986.61M |
| 2025-08-31 | $1.03B |
| 2025-05-31 | $930.19M |
| 2025-02-28 | $1.09B |
| 2024-11-30 | $1.22B |
| 2024-08-31 | $1.12B |
| 2024-05-31 | $1.06B |
| 2024-02-29 | $1.00B |
| 2023-11-30 | $906.74M |
| 2023-08-31 | $959.76M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.