Vanguard Developed Markets ex-US Value Index ETF

Category StocksIssuer VanguardNet assets $53mFee 0.08%

Trading · Vanguard Developed Markets ex-US Value Index ETF

VDV bid-ask spread and liquidity

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As of Nov 3, 2026, VDV’s median bid-ask spread over 30 days was 0.26%.

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Cost at your size VDV fund page

Not scored

IQ Liquidity Score

· 1 of 6 measured · Nov 3, 2026

$13

one way, a $10,000 order

+0.54%

latest close, Nov 3

±0.54%

95% of days within

0 · Hard to trade100 · Trades like a giant

How easily this fund trades, from 0 to 100 on the same anchors for every fund; 100 is best. Method →

Cost to trade

0.26% median spread, 30 days to Nov 3, 2026

44.3

Capacity

Not measured · 39.0% of its long weight could be measured; the largest part not measured is foreign

Price fidelity

Not measured · 3 days of closing premium are held, under the 20 needed

Primary market

Not measured · it first traded on 2026-04-16, and no N-CEN ETF row for series S000101720 is in the quarters read (2024q4 to 2026q3)

Bad-day behaviour

Not measured · 1 of the 10 worst days and 2 other days are held, under the 5 and 60 needed

Depth

Not measured · needs trade and quote data

Capacity: what its holdings can absorb in a day. Price fidelity: how close its price stays to NAV, the value of what it holds. Primary market: the dealers who create and redeem its shares. Bad-day behaviour: its premium on the market’s worst days. Depth: the dollars quoted at the bid and the ask. How to read the score →

What a trade costs

One way, half its 30-day median spread; sizes above $10,000 are estimates

VDV: cost for your order at each size, round trip
Order	Dollars	Percent	Basis
$1,000	$1.30	0.13%	spread
$10,000	$13	0.13%	spread

Spread 0.26%, the median over the 30 days to Nov 3, 2026. A round trip costs twice this. Above $10,000 it adds an estimate of price impact.

Premium or discount to valueDaily, 3 days to Nov 3, 2026 · the ±1% band marked

Above zero: a premium. Below: a discount.

Latest close, Nov 3

+0.54%

95% of days within

±0.54%

Days more than 1% from NAV

0 of 3

Widest

+0.54%, Nov 3, 2026

Its holdings trade on markets that close before New York, so its closing premium carries the move since then.

CapacityWhat the holdings can absorb a day

Not measured: 39.0% of its long weight could be measured; the largest part not measured is foreign.

What retail orders paid

One way on $10,000, Sep 2026

All wholesalers read

$1.04

Vanguard customers

$1.26

Schwab customers

$2.96

Fidelity customers

$5.41

In Sep 2026, retail market orders in VDV paid $1.04 one way on $10,000, against $12 at the quote.

88% of shares filled better than the quote.

Apr 2026Grey: old format, orders of 100 to 9,999 sharesSep 2026

Where it trades

Q2 2026, 52 trading days

Odd lots, of exchange volume

18.7%

In Q2 2026, odd lots were 18.7% of VDV’s exchange volume.

Off exchange means wholesalers and dark pools. Odd lots are orders under 100 shares, a sign of retail trading.

How to place the order

To buy or to sell, up to $100,000

Order type: Limit: midpoint + 10¢ to buy, midpoint − 10¢ to sell.At the Nov 3 close of $76.27, that’s $76.37 to buy and $76.17 to sell.
When: Its holdings trade on markets that close before New York, so its price can drift from their value later in the day.
Watch: The premium to NAV, charted above: a buyer pays more, and a seller gets less, when it is wide.

Why low volume does not mean illiquid →Limit orders vs market orders for ETFs →

Not measured yet: these need trade data

Spread through the day

Median spread by half hour, 30 days.

Buyers against sellers

Volume bought at the ask against volume sold at the bid.

Retail flow, estimated

Trades priced in fractions of a cent, a sign of retail orders.

Large trades

Trades above $500k: how many, and their share of volume.

Closing auction

Share of the day’s volume at the close.

Questions people ask

What is VDV’s bid-ask spread?

0.26% of the midpoint, the median over the 30 days to Nov 3, 2026, as its issuer states it. Half of it is about 10¢ a share at the Nov 3 close.

Does VDV trade at a premium or discount to NAV?

It closed +0.54% from its NAV on Nov 3, 2026. On 95% of the 3 days to then it was within ±0.54%, and it closed more than 1% from NAV on 0 of them.

What does it cost to trade $10,000 of VDV?

About $13 one way, 0.13%: half its 30-day median spread. In and out costs twice that.

How do I place a limit order for VDV?

Set the limit at the midpoint + 10¢ to buy, or the midpoint − 10¢ to sell, in your broker’s quote. At the Nov 3 close of $76.27, that’s $76.37 to buy and $76.17 to sell.

Where to next

ETF trading costs and liquidity→Cost-to-trade checker→Why low volume does not mean illiquidguide →Limit orders vs market orders for ETFsguide →How the IQ Liquidity Score is builtmethod →VDV fund page→

Sources and dates

SpreadVanguard (fund page), 30-day median · to Nov 3, 2026

Premium to NAVETFIQ, close against the issuer’s NAV · Oct 30, 2026 to Nov 3, 2026

Retail ordersSEC Rule 605 reports · Sep 2026

Where it tradesSEC MIDAS · Q2 2026

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.

Cite this pageCitation, APA and Markdown

ETFIQ, VDV trading: cost, capacity, premium and dealers, data as of Nov 3, 2026. https://etfiq.com/funds/vdv/trading/

Open data →

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.