VVSGX Performance — Small Cap Growth Fund
Data updated: 2026-09-28
VVSGX returned +11.89% year to date and +25.98% over one year to May 2026. Annualised returns are +14.01% over 3 years and +0.37% over 5 years. The fund trailed its US Small Growth category average: $100 invested three years ago grew to $148, against $157 for the category, and to $126 over one year, against $130. Volatility over the past three years was 20.89% a year. In the 12 months to May 2026 the fund lost a net $104.1M, and assets reached $540.62M.
VVSGX Growth of $100
What $100 invested in Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Growth category average over the same months.
| Period | VVSGX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $126 | $130 |
| 3 years (Jun 2023 – May 2026) | $148 | $157 |
| 5 years (Jun 2021 – May 2026) | $102 | $124 |
| Since data start (Mar 2021 – May 2026) | $96 | $123 |
VVSGX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.89% |
| 1 year | +25.98% |
| 3 years (annualised) | +14.01% |
| 5 years (annualised) | +0.37% |
VVSGX Annual Returns
Calendar-year total returns of Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.89% |
| 2025 | +9.20% |
| 2024 | +10.86% |
| 2023 | +14.28% |
| 2022 | −32.44% |
| 2021 (Mar–Dec) | −7.82% |
VVSGX 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 | +0.9% | +2.2% | −6.1% | +9.4% | +5.5% | — | — | — | — | — | — | — |
| 2025 | +6.4% | −6.6% | −7.8% | −1.1% | +7.1% | +5.5% | +0.2% | +4.8% | −0.4% | +2.2% | +1.5% | −1.6% |
| 2024 | −1.8% | +11.3% | +2.1% | −8.6% | +2.9% | +1.7% | +4.6% | −0.4% | −0.2% | −2.9% | +10.7% | −7.1% |
| 2023 | +11.0% | −2.2% | −3.6% | +0.1% | −0.3% | +8.4% | +4.1% | −5.0% | −8.1% | −9.3% | +9.7% | +11.6% |
| 2022 | −14.3% | 0.0% | +0.2% | −12.7% | −4.0% | −6.6% | +11.5% | +0.4% | −8.7% | +4.8% | 0.0% | −6.1% |
| 2021 | — | — | −4.0% | +3.7% | −4.9% | +3.9% | −2.5% | +0.7% | −3.7% | +5.2% | −7.3% | +1.7% |
VVSGX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 20.89%
- 3-year Sharpe ratio: 0.46 (vs 4.5% risk-free rate)
- Best month: +11.58% (Dec 2023)
- Worst month: −9.32% (Oct 2023)
VVSGX Fund Flows
Monthly money in and out of Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$104.1M
- 12-month gross sales (incl. reinvestments): $131.1M
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $86K | $31.4M | −$31.3M |
| Apr 2026 | $340K | $9.6M | −$9.2M |
| Mar 2026 | $14.2M | $6.6M | $7.6M |
| Feb 2026 | $28.3M | $5.7M | $22.6M |
| Jan 2026 | $24.3M | $6.6M | $17.7M |
| Dec 2025 | $36.4M | $10.3M | $26.1M |
| Nov 2025 | $242K | $4.4M | −$4.1M |
| Oct 2025 | $161K | $9.4M | −$9.2M |
| Sep 2025 | $134K | $16.4M | −$16.2M |
| Aug 2025 | $1.0M | $33.3M | −$32.2M |
| Jul 2025 | $405K | $95.4M | −$95.0M |
| Jun 2025 | $25.4M | $6.2M | $19.2M |
VVSGX Assets Under Management
Net assets of Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $540.62M |
| 2026-02-28 | $542.90M |
| 2025-11-30 | $469.66M |
| 2025-08-31 | $483.94M |
| 2025-05-31 | $538.11M |
| 2025-02-28 | $508.62M |
| 2024-11-30 | $545.29M |
| 2024-08-31 | $556.18M |
| 2024-05-31 | $532.42M |
| 2024-02-29 | $578.61M |
| 2023-11-30 | $545.17M |
| 2023-08-31 | $543.58M |
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.