Data as of Oct 28, 2026.

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VBR vs VDE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VBR returned +17.6% to VDE's +58.8%; 5% of their weight is in the same names.

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Net assets on Sep 30, 2026: $35.1bn for Vanguard Morningstar Small-Cap Value ETF and $10.4bn for Vanguard Energy ETF.

At a glance
+17.6%
VBR total return, 1 year
+58.8%
VDE total return, 1 year
0.05%
VBR expense ratio
0.09%
VDE expense ratio

Pair scorecard

VBR costs 0.04 points a year less; their one-year returns differ by 41.2 points; VBR is 3.4 times larger.

VBR vs VDE: Differences, Returns & Fees
MeasureVBRVDE
Return
Total return, 1 year+17.6%+58.8%
Drawdown
Below its high3.9%, high on Aug 14, 2026
Benchmark
What it tracksMorningstar US Small Cap Value IndexMSCI US Investable Market Index (IMI)/Energy 25/50
Cost and size
Expense ratio0.05%0.09%
Net assets, as of Sep 30, 2026$35.1bn$10.4bn
Holdings
Holdings in common5%
Top ten holdings, share of the fund5.9%67.1%

Holdings in common uses holdings dated Sep 30, 2026. Method

What they share

5%

By the books each fund has filed, VBR and VDE hold 5% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

5% in common

Positions both hold · largest shared weight first VBR VDE
Expand Energy Corp 0.44% 0.78%
HF Sinclair Corp 0.37% 0.69%
Ovintiv Inc 0.36% 0.66%
EQT Corp 0.35% 1.16%
Apa Corp 0.33% 0.60%
DT Midstream Inc 0.28% 0.49%
Range Resources Corp 0.20% 0.36%
Permian Resources Corp 0.19% 0.60%
SM Energy Co 0.18% 0.33%
PBF Energy Inc 0.18% 0.32%
Chord Energy Corp 0.17% 0.33%
Antero Midstream Corp 0.15% 0.30%
Only in one fund ↓
Only in VBR
Moderna Inc 0.79%
Jabil Inc 0.68%
SLCMT1142 0.62%
Williams-Sonoma Inc 0.61%
Atmos Energy Corp 0.60%
F5 Inc 0.57%
Smurfit Westrock PLC 0.53%
Tapestry Inc 0.52%
Only in VDE
ExxonMobil Holdings Corp 22.88%
Chevron Corp 14.42%
ConocoPhillips 5.87%
Marathon Petroleum Corp 4.46%
Valero Energy Corp 4.45%
Phillips 66 3.94%
Williams Cos Inc 3.16%
EOG Resources Inc 2.85%
Check overlap with more funds →

Side by side

VBR Vanguard Morningstar Small-Cap Value ETF VDE Vanguard Energy ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Small-Cap Value Tracks an index of Energy
Total return, 1 year +17.6% +58.8%
Its benchmark over the same days not measured +59.0% (FENY)
Gap to its benchmark not measured −0.2 pts vs FENY
Expense ratio 0.05% 0.09%
Already in the S&P 500 30.4% 81.2%
Holdings 822 113
Net assets, as of Sep 30, 2026 $35.1bn $10.4bn

VBR and VDE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
VBR

VBR tracks an index of Small-Cap Value. Over the year to Oct 28, 2026 it returned +17.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 822 positions, with the top ten at 5.9%. It sat 3.9% below its high of Aug 14, 2026 on Oct 28, 2026.

VDE

VDE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +58.8% with distributions reinvested, against +59.0% for its benchmark, the MSCI US Investable Market Index (IMI)/Energy 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 81% of the fund by weight is stocks the S&P 500 also holds, across 113 positions, with the top ten at 67.1%.

Questions people ask

Which returned more over the last year, VBR or VDE?
In the year to Oct 28, 2026, with distributions reinvested, VBR returned +17.6% and VDE +58.8%.
Which is cheaper, VBR or VDE?
VBR is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VBR and VDE overlap with the S&P 500?
By their latest filed holdings, 30% of VBR and 81% of VDE by weight is stocks the S&P 500 already holds.
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ETFIQ, VBR against VDE, data as of Oct 28, 2026. https://etfiq.com/compare/any/vbr-vs-vde

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