VWNAX Performance — Vanguard Windsor II Fund, Admiral Shares
Data updated: 2026-09-28
VWNAX returned +10.91% year to date and +22.62% over one year to Jul 2026. Annualised returns are +16.45% over 3 years and +11.07% over 5 years. The fund beat its US Large Value category average: $100 invested three years ago grew to $158, against $156 for the category, and to $123 over one year, against $122. Volatility over the past three years was 11.29% a year. In the 12 months to Jul 2026 the fund lost a net $394K, and assets reached $66.80B.
VWNAX Growth of $100
What $100 invested in Vanguard Windsor II Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | VWNAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $123 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $158 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $169 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $256 | $226 |
VWNAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.91% |
| 1 year | +22.62% |
| 3 years (annualised) | +16.45% |
| 5 years (annualised) | +11.07% |
VWNAX Annual Returns
Calendar-year total returns of Vanguard Windsor II Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.91% |
| 2025 | +18.69% |
| 2024 | +14.29% |
| 2023 | +21.07% |
| 2022 | −13.13% |
| 2021 | +29.08% |
| 2020 | +14.53% |
| 2019 (Aug–Dec) | +9.46% |
VWNAX 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% | −5.4% | +6.4% | +1.3% | 0.0% | +3.9% | — | — | — | — | — |
| 2025 | +4.5% | −1.2% | −3.9% | −2.2% | +5.0% | +4.1% | +1.2% | +3.5% | +2.3% | +0.8% | +2.1% | +1.5% |
| 2024 | +0.9% | +3.8% | +4.0% | −3.6% | +3.4% | +1.3% | +3.0% | +1.6% | +0.5% | −1.3% | +4.3% | −4.0% |
| 2023 | +6.7% | −3.2% | +1.3% | +1.6% | −1.4% | +5.8% | +4.0% | −2.6% | −3.6% | −2.1% | +8.3% | +5.4% |
| 2022 | −2.8% | −2.3% | +1.3% | −6.9% | +1.9% | −9.2% | +8.2% | −3.6% | −9.3% | +9.9% | +6.2% | −5.0% |
| 2021 | −0.2% | +6.3% | +5.0% | +4.7% | +1.9% | +0.2% | +1.5% | +2.0% | −3.5% | +6.0% | −2.5% | +5.1% |
| 2020 | −1.5% | −8.6% | −16.3% | +12.8% | +4.2% | +1.7% | +5.2% | +5.7% | −3.1% | −0.6% | +13.3% | +4.7% |
| 2019 | — | — | — | — | — | — | — | −2.9% | +3.1% | +2.5% | +3.8% | +2.8% |
VWNAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.29%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +8.32% (Nov 2023)
- Worst month: −5.41% (Mar 2026)
VWNAX Fund Flows
Monthly money in and out of Vanguard Windsor II Fund, from SEC Form N-PORT.
- 12-month net flow: −$394K
- 12-month gross sales (incl. reinvestments): $12.0B
- Sales ÷ redemptions: 1.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $153.6M | $656.7M | −$503.1M |
| Jun 2026 | $589.6M | $723.6M | −$134.0M |
| May 2026 | $414.7M | $890.9M | −$476.1M |
| Apr 2026 | $189.5M | $625.6M | −$436.1M |
| Mar 2026 | $182.4M | $610.6M | −$428.2M |
| Feb 2026 | $255.4M | $525.9M | −$270.5M |
| Jan 2026 | $249.7M | $687.7M | −$438.0M |
| Dec 2025 | $8.6B | $3.6B | $5.0B |
| Nov 2025 | $753.0M | $1.2B | −$460.9M |
| Oct 2025 | $201.0M | $724.0M | −$523.0M |
| Sep 2025 | $259.5M | $685.0M | −$425.6M |
| Aug 2025 | $153.4M | $1.0B | −$857.8M |
VWNAX Assets Under Management
Net assets of Vanguard Windsor II Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $66.80B |
| 2026-04-30 | $64.98B |
| 2026-01-31 | $64.58B |
| 2025-10-31 | $62.65B |
| 2025-07-31 | $60.49B |
| 2025-04-30 | $56.04B |
| 2025-01-31 | $61.85B |
| 2024-10-31 | $61.16B |
| 2024-07-31 | $62.00B |
| 2024-04-30 | $58.35B |
| 2024-01-31 | $56.87B |
| 2023-10-31 | $50.32B |
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.