All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

VSMAX vs. VLCAX: Total Return Chart (with Dividends Reinvested)

Growth of $10,000

Fri 2004-01-30💬 to Thu 2026-09-24 Overall
Return 		Exponential
Trendline
VSMAX × 		+710.03%
+9.68%/yr 		+9.95%/yr
R2=0.943
Vanguard Small-Cap Index Fund Admiral Shares Mutual Fund
VLCAX × 		+982.98%
+11.09%/yr 		+11.20%/yr
R2=0.938
Vanguard Large-Cap Index Fund Admiral Shares Mutual Fund

Growth of $10,000 Summary

Fri 2004-01-30💬 to Thu 2026-09-24 Start
Value 		End
Value
VSMAX × 		$10,000.00
2004-01-30 		$81,002.79
2026-09-24
VLCAX × 		$10,000.00
2004-01-30 		$108,297.80
2026-09-24

This Year’s Performance

through 2026-09-24

  YTD YoY
VSMAX × 		+12.76% +14.82%
VLCAX × 		+13.45% +17.14%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
VSMAX × 		−6.58%
on 2026-09-24
from 2026-08-14 peak 		−59.68%
on 2009-03-09
from 2007-07-13 peak
VLCAX × 		−0.93%
on 2026-09-24
from 2026-08-13 peak 		−54.76%
on 2009-03-09
from 2007-10-09 peak

Rolling Returns

Period ending Thu 2026-09-24 1 yr 2 yr 3 yr 5 yr 10 yr
VSMAX × 		+14.82% +25.16%
+11.87%/yr 		+59.70%
+16.89%/yr 		+38.28%
+6.70%/yr 		+172.49%
+10.54%/yr
VLCAX × 		+17.14% +38.32%
+17.61%/yr 		+86.40%
+23.07%/yr 		+82.19%
+12.75%/yr 		+319.07%
+15.41%/yr

Annual Returns

Year VSMAX VLCAX
2026 (YTD) +12.76% +13.45%
2025 +8.83% +18.09%
2024 +14.23% +25.10%
2023 +18.17% +27.26%
2022 −17.61% −19.69%
2021 +17.74% +27.02%
2020 +19.06% +21.03%
2019 +27.37% +31.39%
2018 −9.33% −4.49%
2017 +16.24% +22.02%
2016 +18.30% +11.64%
2015 −3.64% +1.07%
2014 +7.51% +13.38%
2013 +37.83% +32.66%
2012 +18.23% +16.06%
2011 −2.68% +1.59%
2010 +27.89% +15.80%
2009 +36.34% +27.79%
2008 −36.02% −37.05%
2007 +1.25% +6.42%
2006 +15.76% +15.57%
2005 +7.50% +6.19%
2004 +20.02% +10.32%
2003 +45.76% —
2002 −20.00% —
2001 +3.23% —
2000 +2.63% —