VOE is a Small & Mid-Cap ETF from Vanguard holding 170 positions as of Mar 31, 2026, with $24.2B in assets and a 0.05% net expense ratio. Its largest positions are SLB (1.4%), CMI (1.4%) and VLO (1.4%); the top 10 holdings account for 13.1% of the portfolio. By sector it leans Financials (17.6%) and Industrials (13.6%). It yields 1.80% on a trailing-12-month basis.
- Issuer
- Vanguard
- Holdings
- 170
- Net Assets
- $24.2BETF assets as of 2026-08-10
- Expense Ratio
- 0.05%per latest SEC prospectus filing
- TTM Yield
- 1.80%trailing 12-month distributions
Performance
- 1M
- +3.2%
- YTD
- +17.9%
- 1Y
- +26.2%
- 3Y (ann.)
- +15.9%
- 5Y (ann.)
- +10.1%
- 10Y (ann.)
- +10.8%
A $10,000 investment 10 years ago would be worth $27,937 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Financials | 17.6% |
|---|---|
| Industrials | 13.6% |
| Energy | 13.0% |
| Utilities | 12.7% |
| Consumer Staples | 8.3% |
| Other Sectors | 34.3% |
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  SLBSLB Ltd. COM USD0.01 | 1.44% |
| 2 |  CMICummins Inc. COM | 1.39% |
| 3 |  VLOValero Energy Corp. COM | 1.38% |
| 4 |  PSXPhillips 66 COM | 1.37% |
| 5 |  MPCMarathon Petroleum Corp. COM | 1.35% |
| 6 |  CRHCRH plc | 1.32% |
| 7 |  GMGeneral Motors Company COM | 1.26% |
| 8 |  WBDWarner Bros. Discovery Inc. COM SER A | 1.21% |
| 9 |  LHXL3 Harris Technologies Inc COM | 1.21% |
| 10 |  DLRDigital Realty Trust Inc. COM | 1.16% |
| 11 |  TELTE Connectivity PLC ORD SHS | 1.15% |
| 12 |  PCARPaccar Inc COM | 1.14% |
| 13 |  BKRBaker Hughes Co., Class A | 1.13% |
| 14 |  NEMNewmont Corporation COM | 1.10% |
| 15 |  CORCencora Inc COM | 1.09% |
| 16 |  CTVACorteva Inc COM | 1.07% |
| 17 |  OKEOneok Inc. COM | 1.07% |
| 18 |  LNGCheniere Energy Inc COM NEW | 1.06% |
| 19 |  AJGArthur J. Gallagher & Co. | 1.04% |
| 20 |  TGTTarget Corp. COM | 1.03% |
| 21 |  DDominion Energy Inc COM | 1.02% |
| 22 |  ALLThe Allstate Corporation COM | 1.01% |
| 23 |  ETREntergy Corporation COM | 0.95% |
| 24 |  CAHCardinal Health, Inc. COM | 0.93% |
| 25 |  XELXcel Energy Inc COM | 0.93% |
Showing the top 25 of 170 holdings. See the full VOE holdings list →
VOE alternatives
The closest Small & Mid-Cap ETFs to VOE by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 VOVanguard Mid-cap Index Fund | 59% | 0.03%cheaper | $109.2B | Compare → |
 IWSiShares Russell Mid-Cap Value ETF | 43% | 0.23%pricier | $15.9B | Compare → |
 IWRiShares Russell Mid-Cap ETF | 36% | 0.18%pricier | $57.6B | Compare → |
 JHMMJohn Hancock Multifactor Mid Cap ETF | 24% | 0.41%pricier | $6.0B | Compare → |
 IWPiShares Russell Mid-Cap Growth ETF | 7% | 0.23%pricier | $20.5B | Compare → |
 VOTVanguard Mid-cap Growth Index Fund | 4% | 0.05% | $19.9B | Compare → |
 VXFVanguard Extended Market Index Fund | 3% | 0.05% | $32.2B | Compare → |
 SCHMSchwab U.S. Mid-Cap ETF | 3% | 0.04%cheaper | $15.1B | Compare → |
Frequently Asked Questions
What is VOE's expense ratio?
VOE has a net expense ratio of 0.05%, per its latest SEC prospectus filing. That works out to about $5 a year on a $10,000 investment.
How many holdings does VOE have?
VOE held 170 positions as of Mar 31, 2026, per its latest official holdings data.
What are VOE's top 10 holdings?
VOE's largest positions are SLB (1.4%), CMI (1.4%), VLO (1.4%), PSX (1.4%), MPC (1.3%), CRH (1.3%), GM (1.3%), WBD (1.2%), LHX (1.2%), DLR (1.2%). Together they account for 13.1% of the portfolio.
What is VOE's dividend yield?
VOE yields 1.80% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is VOE?
VOE has $24.2B in assets as of Aug 10, 2026.
What are good alternatives to VOE?
By portfolio overlap, the closest Small & Mid-Cap ETFs to VOE are VO (59% overlap), IWS (43% overlap), IWR (36% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.