VTIVX Performance — Vanguard Target Retirement 2045 Fund, Investor Shares
Data updated: 2026-08-28
VTIVX returned +10.25% year to date and +21.03% over one year to Jun 2026. Annualised returns are +17.18% over 3 years and +9.20% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $161, against $150 for the category, and to $121 over one year, against $118. Volatility over the past three years was 10.85% a year. In the 12 months to Jun 2026 the fund took in a net $3.7B, and assets reached $121.07B.
VTIVX Growth of $100
What $100 invested in Vanguard Target Retirement 2045 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | VTIVX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $161 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $155 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $218 | $187 |
VTIVX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.25% |
| 1 year | +21.03% |
| 3 years (annualised) | +17.18% |
| 5 years (annualised) | +9.20% |
VTIVX Annual Returns
Calendar-year total returns of Vanguard Target Retirement 2045 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.25% |
| 2025 | +19.99% |
| 2024 | +13.91% |
| 2023 | +19.48% |
| 2022 | −17.36% |
| 2021 | +16.16% |
| 2020 | +16.30% |
| 2019 (Jul–Dec) | +8.28% |
VTIVX 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 | +2.8% | +1.8% | −5.7% | +7.7% | +3.9% | −0.2% | — | — | — | — | — | — |
| 2025 | +2.7% | −0.1% | −2.9% | +0.9% | +4.6% | +4.0% | +0.8% | +2.7% | +3.1% | +1.7% | +0.3% | +0.8% |
| 2024 | 0.0% | +3.6% | +2.8% | −3.3% | +3.9% | +1.4% | +2.2% | +2.1% | +2.1% | −2.3% | +3.5% | −2.6% |
| 2023 | +6.9% | −3.0% | +2.7% | +1.2% | −1.1% | +5.0% | +3.1% | −2.5% | −3.9% | −2.7% | +8.2% | +5.0% |
| 2022 | −4.4% | −2.5% | +1.2% | −7.4% | +0.4% | −7.5% | +6.5% | −3.8% | −8.8% | +5.2% | +7.7% | −4.0% |
| 2021 | −0.3% | +2.3% | +2.4% | +3.8% | +1.4% | +1.3% | +0.6% | +2.1% | −3.7% | +4.4% | −2.3% | +3.4% |
| 2020 | −1.0% | −6.7% | −13.3% | +10.3% | +4.7% | +2.8% | +4.6% | +5.4% | −2.6% | −2.0% | +11.2% | +4.5% |
| 2019 | — | — | — | — | — | — | +0.1% | −1.7% | +1.8% | +2.4% | +2.4% | +3.0% |
VTIVX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.85%
- 3-year Sharpe ratio: 1.17 (vs 4.5% risk-free rate)
- Best month: +8.25% (Nov 2023)
- Worst month: −5.67% (Mar 2026)
VTIVX Fund Flows
Monthly money in and out of Vanguard Target Retirement 2045 Fund, from SEC Form N-PORT.
- 12-month net flow: $3.7B
- 12-month gross sales (incl. reinvestments): $16.4B
- Sales ÷ redemptions: 1.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $904.0M | $1.2B | −$345.5M |
| May 2026 | $958.8M | $1.1B | −$160.3M |
| Apr 2026 | $1.2B | $984.7M | $256.6M |
| Mar 2026 | $1.2B | $834.0M | $385.4M |
| Feb 2026 | $1.1B | $890.2M | $248.2M |
| Jan 2026 | $1.9B | $1.5B | $415.5M |
| Dec 2025 | $4.2B | $1.5B | $2.7B |
| Nov 2025 | $899.4M | $736.5M | $162.9M |
| Oct 2025 | $1.0B | $884.5M | $133.4M |
| Sep 2025 | $1.1B | $1.2B | −$65.8M |
| Aug 2025 | $898.9M | $888.2M | $10.8M |
| Jul 2025 | $922.0M | $962.3M | −$40.4M |
VTIVX Assets Under Management
Net assets of Vanguard Target Retirement 2045 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $121.07B |
| 2026-03-31 | $108.59B |
| 2025-12-31 | $108.99B |
| 2025-09-30 | $105.57B |
| 2025-06-30 | $99.03B |
| 2025-03-31 | $89.47B |
| 2024-12-31 | $89.93B |
| 2024-09-30 | $91.06B |
| 2024-06-30 | $85.05B |
| 2024-03-31 | $82.61B |
| 2023-12-31 | $76.43B |
| 2023-09-30 | $68.77B |
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.