VLXVX Performance — Vanguard Target Retirement 2065 Fund, Investor Shares
Data updated: 2026-08-28
VLXVX returned +11.19% year to date and +22.82% over one year to Jun 2026. Annualised returns are +18.29% over 3 years and +9.92% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $166, against $150 for the category, and to $123 over one year, against $118. Volatility over the past three years was 11.47% a year. In the 12 months to Jun 2026 the fund took in a net $2.9B, and assets reached $16.89B.
VLXVX Growth of $100
What $100 invested in Vanguard Target Retirement 2065 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | VLXVX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $166 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $160 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $225 | $187 |
VLXVX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.19% |
| 1 year | +22.82% |
| 3 years (annualised) | +18.29% |
| 5 years (annualised) | +9.92% |
VLXVX Annual Returns
Calendar-year total returns of Vanguard Target Retirement 2065 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.19% |
| 2025 | +21.43% |
| 2024 | +14.62% |
| 2023 | +20.15% |
| 2022 | −17.39% |
| 2021 | +16.46% |
| 2020 | +16.17% |
| 2019 (Jul–Dec) | +8.29% |
VLXVX 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 | +3.0% | +1.8% | −6.1% | +8.5% | +4.2% | −0.2% | — | — | — | — | — | — |
| 2025 | +2.9% | −0.3% | −3.1% | +0.9% | +5.0% | +4.3% | +0.9% | +2.9% | +3.3% | +1.8% | +0.3% | +0.9% |
| 2024 | 0.0% | +3.9% | +2.9% | −3.4% | +4.1% | +1.4% | +2.2% | +2.2% | +2.2% | −2.3% | +3.6% | −2.7% |
| 2023 | +7.0% | −3.0% | +2.7% | +1.2% | −1.1% | +5.2% | +3.3% | −2.7% | −4.0% | −2.8% | +8.5% | +5.0% |
| 2022 | −4.5% | −2.5% | +1.3% | −7.5% | +0.4% | −7.6% | +6.6% | −3.8% | −9.0% | +5.5% | +7.9% | −4.0% |
| 2021 | −0.3% | +2.4% | +2.4% | +3.9% | +1.4% | +1.3% | +0.6% | +2.2% | −3.8% | +4.6% | −2.3% | +3.5% |
| 2020 | −1.0% | −6.7% | −13.3% | +10.2% | +4.7% | +2.8% | +4.6% | +5.3% | −2.6% | −2.0% | +11.3% | +4.5% |
| 2019 | — | — | — | — | — | — | +0.1% | −1.7% | +1.8% | +2.4% | +2.4% | +3.0% |
VLXVX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.47%
- 3-year Sharpe ratio: 1.20 (vs 4.5% risk-free rate)
- Best month: +8.52% (Apr 2026)
- Worst month: −6.07% (Mar 2026)
VLXVX Fund Flows
Monthly money in and out of Vanguard Target Retirement 2065 Fund, from SEC Form N-PORT.
- 12-month net flow: $2.9B
- 12-month gross sales (incl. reinvestments): $4.9B
- Sales ÷ redemptions: 2.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $386.4M | $259.8M | $126.6M |
| May 2026 | $376.6M | $179.9M | $196.6M |
| Apr 2026 | $438.4M | $178.5M | $259.9M |
| Mar 2026 | $488.2M | $147.8M | $340.4M |
| Feb 2026 | $416.6M | $130.7M | $285.9M |
| Jan 2026 | $485.2M | $201.2M | $284.0M |
| Dec 2025 | $690.2M | $214.4M | $475.8M |
| Nov 2025 | $328.6M | $126.7M | $201.9M |
| Oct 2025 | $338.8M | $145.8M | $193.0M |
| Sep 2025 | $363.3M | $180.3M | $183.0M |
| Aug 2025 | $309.7M | $163.5M | $146.2M |
| Jul 2025 | $322.7M | $144.2M | $178.5M |
VLXVX Assets Under Management
Net assets of Vanguard Target Retirement 2065 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $16.89B |
| 2026-03-31 | $14.43B |
| 2025-12-31 | $13.75B |
| 2025-09-30 | $12.75B |
| 2025-06-30 | $11.40B |
| 2025-03-31 | $9.68B |
| 2024-12-31 | $9.20B |
| 2024-09-30 | $8.83B |
| 2024-06-30 | $7.79B |
| 2024-03-31 | $7.15B |
| 2023-12-31 | $6.15B |
| 2023-09-30 | $5.18B |
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.