Registry rank 646 · Portfolio as of 2026-03-31
VANGUARD TAX-MANAGED SMALL-CAP FUND
VTMSX · VTSIX
Filed fees in dollars
SEC-convention illustration
Computed from SEC filings
Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.01% computed index-control baseline. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| VTMSX0.05% · SEC expense filing · as of 2025-12-31 | $619 | $2,011 | $4,899 |
| VTSIX0.03% · SEC expense filing · as of 2025-12-31 | $310 | $1,007 | $2,456 |
Real trailing windows
Computed on licensed market-return history
Trailing windows use IJR adjusted-close total-return history through 2026-07-29 and the same filed index-control fee baseline as the convention table. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| VTMSXFiled fee as of 2025-12-31 | $995Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 10.68% annualized | $4,621Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 9.70% annualized | Proxy history begins 2000 — no full 30-year window |
| VTSIXFiled fee as of 2025-12-31 | $498Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 10.68% annualized | $2,315Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 9.70% annualized | Proxy history begins 2000 — no full 30-year window |
These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.
Change the illustration
Computed from SEC filings
Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.01% computed index-control baseline. VTMSX SEC expense filing, as of 2025-12-31. Methodology.
| Result | Amount |
|---|---|
| Ending value at baseline | $264,825 |
| Ending value at filed expense ratio | $262,814 |
| Difference attributed to fee drag | $2,011 |
This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.
Largest active differences vs IJR
The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.
| Holding | Fund | IJR | Difference |
|---|---|---|---|
| Jackson Financial Inc | 0.45% | 0.20% | +0.25% |
| Lumen Technologies Inc | 0.46% | 0.36% | +0.10% |
| The Western Union Company | 0.20% | 0.11% | +0.09% |
| Warrior Met Coal Inc | 0.34% | 0.25% | +0.09% |
| Radian Group Inc. | 0.33% | 0.24% | +0.08% |
| Lincoln National Corp. | 0.41% | 0.34% | +0.08% |
| Bread Financial Holdings Inc | 0.22% | 0.14% | +0.08% |
| The Chemours Company LLC | 0.29% | 0.22% | +0.07% |
| CUSHMAN & WAKEFIELD LTD | 0.20% | 0.13% | +0.07% |
| FMC Corp. | 0.08% | 0.14% | -0.06% |
Source and verification
SEC N-PORT filing · filed 2026-05-28 · period 2026-03-31
SEC expense filing · period 2025-12-31
Cite these figures
Each snippet includes the figure’s source-event date and immutable verification URL.
Best-fit active share
Sensible Investor, “VANGUARD TAX-MANAGED SMALL-CAP FUND — best-fit active share,” 4.3% versus IJR, fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/vtmsx/as-of/363649da-fcfb-4007-87ef-de06de7710ca
VTMSX filed expense ratio
Sensible Investor, “VANGUARD TAX-MANAGED SMALL-CAP FUND — filed expense ratio,” 0.05% for VTMSX, as of 2025-12-31. https://sensible-investor.com/registry/vtmsx/as-of/363649da-fcfb-4007-87ef-de06de7710ca