VSMAX
$139.68-1.31%
as of close, Nov 12, 2026
Priced once a day, after the closeVanguard Small-Cap Index Fund Admiral SharesMutual fund · US Stock Index Funds
Vanguard Small-Cap Index Fund Admiral Shares monthly returns
Vanguard Small-Cap Index Fund Admiral Shares has averaged 0.99% a month with dividends reinvested, and risen in 63% of months, through November 12, 2026. The table lists the most recent months; the chart, the last 5 years.
Average month
+1.0%
89 months
Best month
+16.0%
Nov 2020
Worst month
-21.9%
Mar 2020
Positive months
63%
of all months
Month by month#
Data provided bySource: Twelve Data| Month | Path | Total return |
|---|---|---|
| Nov 2026 | +0.4% | |
| Oct 2026 | +2.1% | |
| Sep 2026 | -4.6% | |
| Aug 2026 | +1.4% | |
| Jul 2026 | -2.6% | |
| Jun 2026 | +3.5% | |
| May 2026 | +3.2% | |
| Apr 2026 | +8.6% | |
| Mar 2026 | -5.2% | |
| Feb 2026 | +2.7% | |
| Jan 2026 | +4.6% | |
| Dec 2025 | +0.1% | |
| Nov 2025 | +1.4% | |
| Oct 2025 | +0.3% | |
| Sep 2025 | +1.0% | |
| Aug 2025 | +4.6% | |
| Jul 2025 | +1.9% | |
| Jun 2025 | +4.2% | |
| May 2025 | +5.5% | |
| Apr 2025 | -2.5% | |
| Mar 2025 | -6.3% | |
| Feb 2025 | -4.8% | |
| Jan 2025 | +3.9% | |
| Dec 2024 | -7.3% | |
| Nov 2024 | +10.5% | |
| Oct 2024 | -0.7% | |
| Sep 2024 | +2.0% | |
| Aug 2024 | +0.1% | |
| Jul 2024 | +6.8% | |
| Jun 2024 | -1.3% | |
| May 2024 | +4.0% | |
| Apr 2024 | -6.5% | |
| Mar 2024 | +4.4% | |
| Feb 2024 | +5.8% | |
| Jan 2024 | -2.6% | |
| Dec 2023 | +10.3% | |
| Nov 2023 | +9.2% | |
| Oct 2023 | -5.8% | |
| Sep 2023 | -5.6% | |
| Aug 2023 | -3.7% | |
| Jul 2023 | +5.0% | |
| Jun 2023 | +8.7% | |
| May 2023 | -2.0% | |
| Apr 2023 | -1.2% | |
| Mar 2023 | -3.6% | |
| Feb 2023 | -2.3% | |
| Jan 2023 | +10.1% | |
| Dec 2022 | -5.9% | |
| Nov 2022 | +4.4% | |
| Oct 2022 | +9.9% | |
| Sep 2022 | -9.6% | |
| Aug 2022 | -2.6% | |
| Jul 2022 | +10.6% | |
| Jun 2022 | -9.4% | |
| May 2022 | -0.0% | |
| Apr 2022 | -8.2% | |
| Mar 2022 | +1.5% | |
| Feb 2022 | +0.9% | |
| Jan 2022 | -7.9% | |
| Dec 2021 | +3.5% | |
| Nov 2021 | -4.3% | |
| Oct 2021 | +4.9% | |
| Sep 2021 | -3.1% | |
| Aug 2021 | +2.0% | |
| Jul 2021 | -1.4% | |
| Jun 2021 | +1.4% | |
| May 2021 | +0.1% | |
| Apr 2021 | +4.0% | |
| Mar 2021 | +1.6% | |
| Feb 2021 | +6.1% | |
| Jan 2021 | +2.2% | |
| Dec 2020 | +7.4% | |
| Nov 2020 | +16.0% | |
| Oct 2020 | +2.0% | |
| Sep 2020 | -2.7% | |
| Aug 2020 | +4.1% | |
| Jul 2020 | +4.5% | |
| Jun 2020 | +2.5% | |
| May 2020 | +7.7% | |
| Apr 2020 | +14.6% | |
| Mar 2020 | -21.9% | |
| Feb 2020 | -8.7% | |
| Jan 2020 | -2.0% | |
| Dec 2019 | +2.2% | |
| Nov 2019 | +4.1% | |
| Oct 2019 | +1.6% | |
| Sep 2019 | +1.4% | |
| Aug 2019 | -4.0% | |
| Jul 2019 | +1.3% | |
| Jun 2019since Jun 3 | +6.8% |
Monthly total return (since Dec 2021)#
−15%−10%−5%0%5%10%15%
Dec 2021+3.5%
Jan 2022-7.9%
Feb 2022+0.86%
Mar 2022+1.5%
Apr 2022-8.2%
May 2022-0.03%
Jun 2022-9.4%
Jul 2022+11%
Aug 2022-2.6%
Sep 2022-9.6%
Oct 2022+9.9%
Nov 2022+4.4%
Dec 2022-5.9%
Jan 2023+10%
Feb 2023-2.3%
Mar 2023-3.6%
Apr 2023-1.2%
May 2023-2.0%
Jun 2023+8.7%
Jul 2023+5.0%
Aug 2023-3.7%
Sep 2023-5.6%
Oct 2023-5.8%
Nov 2023+9.2%
Dec 2023+10%
Jan 2024-2.6%
Feb 2024+5.8%
Mar 2024+4.4%
Apr 2024-6.5%
May 2024+4.0%
Jun 2024-1.3%
Jul 2024+6.8%
Aug 2024+0.13%
Sep 2024+2.0%
Oct 2024-0.71%
Nov 2024+10%
Dec 2024-7.3%
Jan 2025+3.9%
Feb 2025-4.8%
Mar 2025-6.3%
Apr 2025-2.5%
May 2025+5.5%
Jun 2025+4.2%
Jul 2025+1.9%
Aug 2025+4.6%
Sep 2025+0.96%
Oct 2025+0.29%
Nov 2025+1.4%
Dec 2025+0.07%
Jan 2026+4.6%
Feb 2026+2.7%
Mar 2026-5.2%
Apr 2026+8.6%
May 2026+3.2%
Jun 2026+3.5%
Jul 2026-2.6%
Aug 2026+1.4%
Sep 2026-4.6%
Oct 2026+2.1%
Nov 2026+0.4%
20222022Jul2023Jul2024Jul2025Jul2026JulVanguard Small-Cap Index Fund Admiral Shares returns by calendar month#
Every month of every year since 2019, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
November 2026 so far: +0.40% — 7th of 8 Novembers since 2019 at the last close; the average November returned +5.9%.
| Month | −25%0+25% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +1.2% | +2.2% | 57% | +10.1% 2023 | -7.9% 2022 | |
| Feb | -0.0% | +0.9% | 57% | +6.1% 2021 | -8.7% 2020 | |
| Mar | -4.2% | -3.6% | 43% | +4.4% 2024 | -21.9% 2020 | |
| Apr | +1.3% | -1.2% | 43% | +14.6% 2020 | -8.2% 2022 | |
| May | +2.6% | +3.2% | 71% | +7.7% 2020 | -2.0% 2023 | |
| Jun | +1.4% | +2.5% | 71% | +8.7% 2023 | -9.4% 2022 | |
| Jul | +3.2% | +3.2% | 75% | +10.6% 2022 | -2.6% 2026 | |
| Aug | +0.2% | +0.7% | 63% | +4.6% 2025 | -4.0% 2019 | |
| Sep | -2.7% | -2.9% | 38% | +2.0% 2024 | -9.6% 2022 | |
| Oct | +1.8% | +1.8% | 75% | +9.9% 2022 | -5.8% 2023 | |
| Nov | +5.9% | +4.4% | 86% | +16.0% 2020 | -4.3% 2021 | |
| Dec | +1.5% | +2.2% | 71% | +10.3% 2023 | -7.3% 2024 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from VSMAX's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Vanguard Small-Cap Index Fund Admiral Shares's average monthly return?
- Vanguard Small-Cap Index Fund Admiral Shares has averaged about 0.99% per month (dividends reinvested), positive in roughly 63% of months. The best month was Nov 2020 (+16.0%) and the worst was Mar 2020 (-21.9%).
More on Vanguard Small-Cap Index Fund Admiral Shares
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