Vanguard Morningstar Small-Cap Value ETF (VBR) is a US small-cap ETF. As of October 28, 2026, ETF Copilot scores VBR 3.5 out of 10 — highest on Risk (5.4), lowest on Growth (1.1). It trades at 16.2 times earnings, against its own median of 15.2. Its ten largest holdings are 6% of the fund.
What stands out in VBR's data
U.S. small-cap value stocks, picked through a Morningstar screen.
Trades at a discount to the typical small-cap value peer — cheaper entry for the same earnings stream.
Its 10.7x EBITDA multiple sits below the category median of 11.2x, and it holds 819 names for broad diversification.
A broad small-cap value allocation, built on a diversified set of stocks.
Why did VBR move this week? It rose 0.7% in the week to October 28, 2026 — Range Resources and Viasat drove it
VBR rose 0.7% in the week to October 28, 2026. The holdings that moved it most were Range Resources (+30.1%), Viasat (+25.0%) and Pentair (+21.8%); F5 Networks (−20.3%) pushed the other way.
How is VBR rated? ETF Copilot scores Vanguard Morningstar Small-Cap Value ETF (VBR) 3.5 out of 10
As of October 28, 2026, ETF Copilot scores Vanguard Morningstar Small-Cap Value ETF (VBR) 3.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.5 / 10
- Growth: 1.1 / 10
- Value: 4.6 / 10
- Risk: 5.4 / 10
- Quality: 1.5 / 10
- Return: 5.1 / 10
Is VBR expensive right now? It trades at 16.2 times earnings, against its own median of 15.2
As of October 28, 2026, VBR is more expensive than 67% of its own last 9 years.
Trailing 12 months, built from VBR's holdings. How we calculate this →
What's inside VBR? 11% Tech
What's inside VBR: Size (Large 3%, Mid 76%, Small 22%); Geography (International 4%, US 96%); Tech 11.2%; Semiconductors 1.0%; Memory 0.1%.
What are VBR's top holdings? The ten largest are 6% of the fund
Moderna, Jabil, Williams-Sonoma, Atmos Energy, F5, Smurfit Kappa, Tapestry, Tenet Healthcare, Viatris and Omnicom are VBR's largest holdings, in that order.
Less concentrated than 61% of US Small Cap ETFs.
Half of VBR's weight sits in its 163 largest positions, and once those weights are taken into account it behaves like 447 equally weighted holdings.
What is VBR's expense ratio? 0.05% a year
As of October 28, 2026, VBR charges 0.05% a year, yields 1.83% and holds $64.5B in assets across 819 positions.
| Measure | VBR |
|---|---|
| Expense ratio | 0.05% |
| Dividend yield | 1.83% |
| Assets under management | $64.5B |
| Holdings | 819 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Vanguard Morningstar Small-Cap Value ETF (VBR) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/vbr
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