Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VB vs VHT: how they differ
VB and VHT hold 12% of their weight in the same names, and VHT returned more over the year.
Vanguard Small-Cap Index Fund and Vanguard Health Care Index Fund.
What they hold in common
By the books each fund has filed, VB and VHT hold 12% of their money in the same securities at the same weight.
| Holding | VB | VHT |
|---|---|---|
| Natera Inc | 0.45% | 0.47% |
| REVOLUTION Medicines Inc | 0.46% | 0.40% |
| Illumina Inc | 0.31% | 0.39% |
| United Therapeutics Corp | 0.28% | 0.36% |
| Incyte Corp | 0.23% | 0.26% |
| Guardant Health Inc | 0.23% | 0.23% |
| Moderna Inc | 0.30% | 0.23% |
| Viatris Inc | 0.23% | 0.30% |
| Neurocrine Biosciences Inc | 0.21% | 0.25% |
| Tenet Healthcare Corp | 0.20% | 0.24% |
| Centene Corp | 0.19% | 0.46% |
| Roivant Sciences Ltd | 0.22% | 0.18% |
| Only in VB | Only in VHT |
|---|---|
| Credo Technology Group Holding Ltd 0.55% | Eli Lilly & Co 14.07% |
| Jabil Inc 0.49% | Johnson & Johnson 8.48% |
| Astera Labs Inc 0.45% | AbbVie Inc 6.10% |
| EMCOR Group Inc 0.45% | UnitedHealth Group Inc 5.46% |
| Twilio Inc 0.38% | Merck & Co Inc 4.67% |
| NRG Energy Inc 0.38% | Thermo Fisher Scientific Inc 2.93% |
| MKS Instruments Inc 0.37% | Amgen Inc 2.87% |
| Flex Ltd 0.36% | Gilead Sciences Inc 2.64% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| VB Vanguard Small-Cap Index Fund | VHT Vanguard Health Care Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Small-Cap | Health Care |
| Total return, 1 year | +15.2% | +21.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.3 pts | +4.1 pts |
| Expense ratio | 0.03% | 0.09% |
| Already in the S&P 500 | 21.7% | 85.6% |
| Holdings | 1311 | 401 |
VB in plain words
VB is an index equity fund tracking the Small-Cap. Over the year to Sep 11, 2026 it returned +15.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1311 positions, with the top ten at 4.3%. It sat 5.1% below its high of Aug 14, 2026 on Sep 11, 2026.
VHT in plain words
VHT is an index equity fund tracking the Health Care. Over the year to Sep 11, 2026 it returned +21.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 52.0%. It sat 5.7% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VB or VHT?
- In the year to Sep 12, 2026, with distributions reinvested, VB returned +15.2% and VHT returned +21.6%, so VHT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VB or VHT?
- VB charges 0.03% a year and VHT charges 0.09%, so VB is cheaper. Fees come from each fund's prospectus.
- How much do VB and VHT overlap with the S&P 500?
- By their latest filed holdings, 22% of VB and 86% of VHT by weight is stocks the S&P 500 already holds. Between the two funds, 12% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VB against VHT, data as of Sep 12, 2026. https://etfiq.com/compare/any/VB-VHT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources