VMVFX Performance — Vanguard Global Minimum Volatility Fund, Investor Shares
Data updated: 2026-09-28
VMVFX returned +10.34% year to date and +15.24% over one year to Jul 2026. Annualised returns are +13.49% over 3 years and +8.44% over 5 years. Against its Global Multi-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $146, against $145 for the category, and to $115 over one year, against $118. Volatility over the past three years was 7.56% a year. In the 12 months to Jul 2026 the fund lost a net $241.4M, and assets reached $2.01B.
VMVFX Growth of $100
What $100 invested in Vanguard Global Minimum Volatility Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | VMVFX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $146 | $145 |
| 5 years (Aug 2021 – Jul 2026) | $150 | $144 |
| Since data start (Aug 2019 – Jul 2026) | $165 | $190 |
VMVFX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.34% |
| 1 year | +15.24% |
| 3 years (annualised) | +13.49% |
| 5 years (annualised) | +8.44% |
VMVFX Annual Returns
Calendar-year total returns of Vanguard Global Minimum Volatility Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.34% |
| 2025 | +12.72% |
| 2024 | +13.44% |
| 2023 | +7.85% |
| 2022 | −4.48% |
| 2021 | +11.87% |
| 2020 | −3.99% |
| 2019 (Aug–Dec) | +5.52% |
VMVFX 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 | +3.6% | +4.3% | −4.7% | +3.2% | +1.7% | +1.0% | +1.1% | — | — | — | — | — |
| 2025 | +2.7% | +2.5% | +0.8% | −0.2% | +1.9% | +0.6% | −0.5% | +1.8% | +1.4% | 0.0% | +1.7% | −0.5% |
| 2024 | +2.8% | +3.0% | +2.6% | −2.7% | +1.6% | +1.4% | +3.2% | +3.2% | −0.4% | −1.6% | +3.6% | −3.7% |
| 2023 | +1.8% | −1.5% | +1.1% | +1.9% | −2.9% | +3.3% | +0.4% | −0.9% | −1.9% | 0.0% | +4.1% | +2.4% |
| 2022 | −3.4% | −2.2% | +2.8% | −1.9% | 0.0% | −3.2% | +2.9% | −2.0% | −6.3% | +6.4% | +5.8% | −2.7% |
| 2021 | −0.4% | −0.7% | +4.3% | +1.6% | +1.0% | +1.5% | +1.0% | +1.2% | −3.8% | +2.8% | −2.3% | +5.5% |
| 2020 | +1.0% | −7.5% | −15.4% | +7.6% | +3.5% | 0.0% | +2.7% | +2.3% | −2.1% | −2.9% | +6.0% | +3.1% |
| 2019 | — | — | — | — | — | — | — | +0.6% | +1.5% | 0.0% | +1.9% | +1.4% |
VMVFX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.56%
- 3-year Sharpe ratio: 1.19 (vs 4.5% risk-free rate)
- Best month: +4.29% (Feb 2026)
- Worst month: −4.70% (Mar 2026)
VMVFX Fund Flows
Monthly money in and out of Vanguard Global Minimum Volatility Fund, from SEC Form N-PORT.
- 12-month net flow: −$241.4M
- 12-month gross sales (incl. reinvestments): $413.9M
- Sales ÷ redemptions: 0.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $16.1M | $28.4M | −$12.3M |
| Jun 2026 | $12.2M | $16.6M | −$4.3M |
| May 2026 | $25.7M | $66.6M | −$40.9M |
| Apr 2026 | $11.2M | $29.1M | −$17.9M |
| Mar 2026 | $14.6M | $38.5M | −$23.9M |
| Feb 2026 | $17.8M | $24.8M | −$7.0M |
| Jan 2026 | $33.1M | $32.3M | $816K |
| Dec 2025 | $175.1M | $52.3M | $122.8M |
| Nov 2025 | $33.3M | $123.2M | −$89.8M |
| Oct 2025 | $11.3M | $18.9M | −$7.7M |
| Sep 2025 | $11.8M | $131.9M | −$120.1M |
| Aug 2025 | $51.6M | $92.7M | −$41.1M |
VMVFX Assets Under Management
Net assets of Vanguard Global Minimum Volatility Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.01B |
| 2026-04-30 | $1.99B |
| 2026-01-31 | $1.99B |
| 2025-10-31 | $2.05B |
| 2025-07-31 | $2.15B |
| 2025-04-30 | $2.13B |
| 2025-01-31 | $2.08B |
| 2024-10-31 | $2.06B |
| 2024-07-31 | $2.06B |
| 2024-04-30 | $1.97B |
| 2024-01-31 | $1.96B |
| 2023-10-31 | $1.85B |
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.