VIOV — Vanguard S&P Small-Cap 600 Value ETF
Vanguard · Expense Ratio: 0.15% · US Small/Mid Cap · 3bp above the US Small/Mid Cap category average of 0.12%
Key Facts
| Ticker | VIOV |
| Full Name | Vanguard S&P Small-Cap 600 Value ETF |
| Provider | Vanguard |
| Expense Ratio | 0.15% |
| Category | US Small/Mid Cap |
| Assets Under Management | $2B |
| Inception Year | 2010 (16 years ago) |
| Number of Holdings | 450 |
| Dividend Yield | ~1.6% (moderate) |
| Top Holdings | MLI, JXN, RDN |
What Is VIOV?
VIOV, managed by Vanguard, launched in 2010, is a smaller fund — check bid-ask spreads before making large trades in the US Small/Mid Cap category. US small-cap and mid-cap stock ETF covering smaller US companies with higher growth potential. With $2B in assets under management, investors should verify current bid-ask spreads, especially for large orders.
VIOV in a FIRE Portfolio
This fund serves as a satellite position — adding targeted exposure to us small/mid cap within a FIRE portfolio built around a broad-market core.
Satellite holdings typically make up 5-20% of your portfolio. Small-cap stocks have historically outperformed large-caps over long periods — a 10-20% tilt can boost long-term returns for FIRE investors with 30+ year horizons.
Cost Analysis: How VIOV's 0.15% Fee Affects Your FIRE Timeline
At 0.15%, VIOV is moderately priced. Annual cost on a $100K position: $150. Over 30 years, fees could consume approximately 0.9% of total returns. On a $1M FIRE portfolio, cumulative fees approach $15,000. Compare with lower-cost peers in US Small/Mid Cap: .
Dividend Income Potential
With a moderate dividend yield of approximately 1.6%, here's what VIOV could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $1,600/year | $133/month |
| $250,000 | $4,000/year | $333/month |
| $500,000 | $8,000/year | $667/month |
| $1,000,000 | $16,000/year | $1,333/month |
Frequently Asked Questions About VIOV
What is the expense ratio for VIOV?
VIOV has an expense ratio of 0.15%. This is moderately priced — on a $100K portfolio, annual fees are $150. 3bp above the us small/mid cap category average of 0.12%.
Is VIOV good for a FIRE portfolio?
This fund serves as a satellite position — adding targeted exposure to us small/mid cap within a FIRE portfolio built around a broad-market core. Its 0.15% expense ratio is moderately priced for the US Small/Mid Cap category.
How does the 0.15% fee affect long-term returns?
At 0.15%, you'll pay $150/year per $100K invested. Over 30 years, fees reduce total returns by approximately 0.9%. Use the embedded calculator below to model the exact impact on your specific portfolio.
Is VIOV liquid enough for my portfolio?
VIOV manages $2B in assets — a smaller fund — check bid-ask spreads before making large trades. For most individual FIRE investors making regular contributions, liquidity is sufficient. If you're investing large lump sums ($100K+), use limit orders to control your execution price.
Similar ETFs in US Small/Mid Cap
- VB — Vanguard Small-Cap ETF (0.05% · Satellite Position)
- IJR — iShares Core S&P Small-Cap ETF (0.06% · Satellite Position)
- IWM — iShares Russell 2000 ETF (0.19% · Satellite Position)
- AVUV — Avantis US Small Cap Value ETF (0.25% · Satellite Position)
- SLYV — SPDR S&P 600 Small Cap Value ETF (0.15% · Satellite Position)
- SCHA — Schwab US Small-Cap ETF (0.04% · Satellite Position)
- SPSM — SPDR Portfolio S&P 600 Small Cap ETF (0.05% · Satellite Position)
- IWO — iShares Russell 2000 Growth ETF (0.24% · Satellite Position)
- VTWO — Vanguard Russell 2000 ETF (0.1% · Satellite Position)