VTWO is a Small & Mid-Cap ETF from Vanguard holding 1952 positions as of May 31, 2026, with $17.4B in assets and a 0.06% net expense ratio. Its largest positions are BE (1.8%), CRDO (1.1%) and STRL (0.8%); the top 10 holdings account for 7.8% of the portfolio. By sector it leans Industrials (19.4%) and Information Technology (17.8%). It yields 1.07% on a trailing-12-month basis.
- Issuer
- Vanguard
- Holdings
- 19522.4% cash, collateral & derivative positions excluded
- Net Assets
- $17.4BETF assets as of 2026-08-10
- Expense Ratio
- 0.06%per latest SEC prospectus filing
- TTM Yield
- 1.07%trailing 12-month distributions
Performance
- 1M
- +1.8%
- YTD
- +23.1%
- 1Y
- +38.8%
- 3Y (ann.)
- +17.3%
- 5Y (ann.)
- +7.7%
- 10Y (ann.)
- +11.0%
A $10,000 investment 10 years ago would be worth $28,318 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
| Industrials | 19.4% |
|---|---|
| Information Technology | 17.8% |
| Health Care | 15.5% |
| Financials | 14.3% |
| Consumer Discretionary | 7.3% |
| Other Sectors | 20.8% |
| Unclassified | 4.8% |
We could not classify 5% of portfolio weight. It is shown separately as “Unclassified”, not lumped into a sector.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  BEBloom Energy Corporation COM CL A | 1.83% |
| 2 |  CRDOCredo Technology Group Holding Ltd ORDINARY SHARES | 1.12% |
| 3 |  STRLSterling Infrastructure Inc COM | 0.75% |
| 4 |  FNFabrinet COM USD0.01 | 0.69% |
| 5 |  NXTNextpower Inc. CLASS A COM | 0.67% |
| 6 |  IONQIonq Inc COM | 0.63% |
| 7 |  CDECoeur Mining Inc COM NEW | 0.58% |
| 8 |  TTMITTM Technologies Inc COM | 0.52% |
| 9 |  ECHOEchoStar Corp., Class A | 0.51% |
| 10 |  GHGuardant Health Inc COM | 0.47% |
| 11 |  SITMSitime Corporation COM | 0.47% |
| 12 |  RMBSRambus Inc. COM | 0.46% |
| 13 |  DYDycom Industries, Inc. COM | 0.44% |
| 14 |  MODModine Manufacturing Co. COM | 0.43% |
| 15 |  SMTCSemtech Corporation COM | 0.42% |
| 16 |  SANMSanmina Corporation | 0.41% |
| 17 |  PLPlanet Labs PBC, Class A | 0.41% |
| 18 |  HUTHut 8 Corp. COM | 0.36% |
| 19 |  DOCNDigitalOcean Holdings Inc COM | 0.35% |
| 20 |  KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.34% |
| 21 |  AEISAdvanced Energy Industries, Inc. COM | 0.33% |
| 22 |  HLHecla Mining Company COM | 0.33% |
| 23 |  APLDApplied Digital Corp COM NEW | 0.33% |
| 24 |  VIAVViavi Solutions Inc COM | 0.33% |
| 25 |  QBTSD-Wave Quantum Inc. COM | 0.32% |
Showing the top 25 of 1952 holdings. See the full VTWO holdings list →
VTWO alternatives
The closest Small & Mid-Cap ETFs to VTWO by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 IWMiShares Russell 2000 ETF | 89% | 0.19%pricier | $82.2B | Compare → |
 SCHASchwab U.S. Small-Cap ETF | 64% | 0.04%cheaper | $23.3B | Compare → |
 IWOiShares Russell 2000 Growth ETF | 58% | 0.24%pricier | $14.8B | Compare → |
 DFASDimensional U.S. Small Cap ETF | 55% | 0.26%pricier | $15.3B | Compare → |
 IWNiShares Russell 2000 Value ETF | 52% | 0.24%pricier | $14.7B | Compare → |
 VIOOVanguard S&P Small-cap 600 Index Fund | 41% | 0.07%pricier | $4.4B | Compare → |
 IJRiShares Core S&P Small-Cap ETF | 40% | 0.06% | $113.4B | Compare → |
 SPSMState Street® SPDR® Portfolio S&P 600™ Small Cap ETF | 40% | 0.03%cheaper | $17.3B | Compare → |
Frequently Asked Questions
What is VTWO's expense ratio?
VTWO has a net expense ratio of 0.06%, per its latest SEC prospectus filing. That works out to about $6 a year on a $10,000 investment.
How many holdings does VTWO have?
VTWO held 1952 positions as of May 31, 2026, per its latest official holdings data. Cash, collateral and derivative positions (2.4% of portfolio weight) are excluded from that count.
What are VTWO's top 10 holdings?
VTWO's largest positions are BE (1.8%), CRDO (1.1%), STRL (0.8%), FN (0.7%), NXT (0.7%), IONQ (0.6%), CDE (0.6%), TTMI (0.5%), ECHO (0.5%), GH (0.5%). Together they account for 7.8% of the portfolio.
What is VTWO's dividend yield?
VTWO yields 1.07% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is VTWO?
VTWO has $17.4B in assets as of Aug 10, 2026.
What are good alternatives to VTWO?
By portfolio overlap, the closest Small & Mid-Cap ETFs to VTWO are IWM (89% overlap), SCHA (64% overlap), IWO (58% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.