Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VBR vs VIG: how they differ
VBR and VIG hold 5% of their weight in the same names, and VBR returned more over the year.
Vanguard Small-Cap Value Index Fund and Vanguard Dividend Appreciation Index Fund.
What they hold in common
By the books each fund has filed, VBR and VIG hold 5% of their money in the same securities at the same weight.
| Holding | VBR | VIG |
|---|---|---|
| Atmos Energy Corp | 0.62% | 0.14% |
| Steel Dynamics Inc | 0.34% | 0.14% |
| Hubbell Inc | 0.15% | 0.12% |
| Albemarle Corp | 0.17% | 0.10% |
| NiSource Inc | 0.24% | 0.10% |
| CH Robinson Worldwide Inc | 0.45% | 0.10% |
| Williams-Sonoma Inc | 0.59% | 0.10% |
| Alliant Energy Corp | 0.21% | 0.09% |
| Reliance Inc | 0.41% | 0.09% |
| JB Hunt Transport Services Inc | 0.47% | 0.09% |
| ITT Inc | 0.19% | 0.08% |
| Tractor Supply Co | 0.18% | 0.08% |
| Only in VBR | Only in VIG |
|---|---|
| Jabil Inc 0.87% | Broadcom Inc 5.21% |
| NRG Energy Inc 0.66% | Apple Inc 4.10% |
| Tapestry Inc 0.64% | Microsoft Corp 3.99% |
| Moderna Inc 0.54% | JPMorgan Chase & Co 3.61% |
| Smurfit Westrock PLC 0.52% | Eli Lilly & Co 3.36% |
| F5 Inc 0.50% | Exxon Mobil Corp 2.92% |
| US Foods Holding Corp 0.48% | Walmart Inc 2.62% |
| Expand Energy Corp 0.47% | Johnson & Johnson 2.51% |
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 Apr 30, 2026 and Jun 30, 2026.
| VBR Vanguard Small-Cap Value Index Fund | VIG Vanguard Dividend Appreciation Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Small-Cap Value | Dividend growth |
| Total return, 1 year | +16.3% | +12.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.2 pts | −5.1 pts |
| Expense ratio | 0.05% | 0.04% |
| Already in the S&P 500 | 30.5% | 95.7% |
| Holdings | 840 | 332 |
VBR in plain words
VBR is an index equity fund tracking the Small-Cap Value. Over the year to Sep 11, 2026 it returned +16.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 840 positions, with the top ten at 5.9%. It sat 3.8% below its high of Aug 14, 2026 on Sep 11, 2026.
VIG in plain words
VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, VBR or VIG?
- In the year to Sep 12, 2026, with distributions reinvested, VBR returned +16.3% and VIG returned +12.4%, so VBR returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VBR or VIG?
- VBR charges 0.05% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
- How much do VBR and VIG overlap with the S&P 500?
- By their latest filed holdings, 30% of VBR and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 5% of their books are the same securities at the same weight.
Other comparisons
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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, VBR against VIG, data as of Sep 12, 2026. https://etfiq.com/compare/any/VBR-VIG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources