VFSNX Performance — Vanguard FTSE All-World Ex-US Small-Cap Index Fund, Institutional Shares
Data updated: 2026-09-28
VFSNX returned +5.36% year to date and +16.09% over one year to Jul 2026. Annualised returns are +12.72% over 3 years and +4.96% over 5 years. The fund trailed its International Small Blend category average: $100 invested three years ago grew to $143, against $160 for the category, and to $116 over one year, against $126. Volatility over the past three years was 14.46% a year. In the 12 months to Jul 2026 the fund took in a net $803.9M, and assets reached $13.55B.
VFSNX Growth of $100
What $100 invested in Vanguard FTSE All-World Ex-US Small-Cap Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Small Blend category average over the same months.
| Period | VFSNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $116 | $126 |
| 3 years (Aug 2023 – Jul 2026) | $143 | $160 |
| 5 years (Aug 2021 – Jul 2026) | $127 | $160 |
| Since data start (Aug 2019 – Jul 2026) | $178 | $216 |
VFSNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.36% |
| 1 year | +16.09% |
| 3 years (annualised) | +12.72% |
| 5 years (annualised) | +4.96% |
VFSNX Annual Returns
Calendar-year total returns of Vanguard FTSE All-World Ex-US Small-Cap Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +5.36% |
| 2025 | +29.95% |
| 2024 | +2.63% |
| 2023 | +15.20% |
| 2022 | −21.26% |
| 2021 | +12.76% |
| 2020 | +11.93% |
| 2019 (Aug–Dec) | +10.44% |
VFSNX 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 | +6.3% | +5.1% | −9.4% | +8.8% | +1.8% | −3.6% | −2.6% | — | — | — | — | — |
| 2025 | +0.9% | +0.4% | +0.1% | +4.1% | +6.4% | +5.5% | −0.4% | +4.6% | +2.8% | −0.3% | +0.8% | +2.0% |
| 2024 | −3.0% | +1.8% | +2.8% | −1.7% | +4.3% | −1.5% | +3.4% | +1.7% | +2.9% | −4.7% | +0.2% | −3.0% |
| 2023 | +8.3% | −2.9% | +0.8% | +1.2% | −3.2% | +3.9% | +4.7% | −3.6% | −4.2% | −4.8% | +9.3% | +6.1% |
| 2022 | −5.9% | −1.7% | +0.2% | −7.2% | +0.4% | −10.6% | +5.7% | −4.1% | −11.2% | +3.5% | +11.3% | −1.8% |
| 2021 | −0.7% | +3.5% | +1.9% | +4.7% | +2.3% | −0.1% | +0.8% | +1.8% | −3.9% | +2.9% | −4.6% | +4.0% |
| 2020 | −3.8% | −8.0% | −20.5% | +12.7% | +6.0% | +3.9% | +5.5% | +5.1% | −1.8% | −2.4% | +13.1% | +6.8% |
| 2019 | — | — | — | — | — | — | — | −2.5% | +2.1% | +3.7% | +1.7% | +5.2% |
VFSNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.46%
- 3-year Sharpe ratio: 0.57 (vs 4.5% risk-free rate)
- Best month: +9.30% (Nov 2023)
- Worst month: −9.35% (Mar 2026)
VFSNX Fund Flows
Monthly money in and out of Vanguard FTSE All-World Ex-US Small-Cap Index Fund, from SEC Form N-PORT.
- 12-month net flow: $803.9M
- 12-month gross sales (incl. reinvestments): $2.3B
- Sales ÷ redemptions: 1.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $124.7M | $20.3M | $104.4M |
| Jun 2026 | $193.0M | $37.4M | $155.6M |
| May 2026 | $154.3M | $37.9M | $116.4M |
| Apr 2026 | $20.8M | $41.8M | −$21.0M |
| Mar 2026 | $32.0M | $77.7M | −$45.7M |
| Feb 2026 | $291.4M | $34.8M | $256.6M |
| Jan 2026 | $118.0M | $96.5M | $21.5M |
| Dec 2025 | $653.3M | $38.3M | $615.1M |
| Nov 2025 | $14.9M | $145.5M | −$130.5M |
| Oct 2025 | $16.6M | $307.4M | −$290.7M |
| Sep 2025 | $609.0M | $582.7M | $26.3M |
| Aug 2025 | $26.1M | $30.0M | −$3.8M |
VFSNX Assets Under Management
Net assets of Vanguard FTSE All-World Ex-US Small-Cap Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $13.55B |
| 2026-04-30 | $13.88B |
| 2026-01-31 | $13.20B |
| 2025-10-31 | $11.86B |
| 2025-07-31 | $11.38B |
| 2025-04-30 | $10.20B |
| 2025-01-31 | $10.54B |
| 2024-10-31 | $10.79B |
| 2024-07-31 | $10.70B |
| 2024-04-30 | $9.99B |
| 2024-01-31 | $10.41B |
| 2023-10-31 | $9.07B |
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.