Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV), listed on the NASDAQ Global Market, is a passively managed exchange-traded fund launched on September 20, 2010, and issued by The Vanguard Group, Inc. The fund seeks to track the performance of the Russell 2000 Value Index, which measures the investment return of small-capitalization value stocks in the United States, selecting holdings based on lower price-to-book ratios and lower expected earnings growth relative to the broader small-cap universe. With approximately $1.2 billion in assets under management and around 1,430 holdings, VTWV employs a full-replication strategy with a notably low expense ratio of 0.06%, providing broad diversification across sectors with a heavy tilt toward Financials and Industrials. The fund is best suited for value-oriented investors with a medium-to-long time horizon and higher risk tolerance, offering a dividend yield of approximately 1.6–2.1% and serving as a cost-efficient vehicle for targeted exposure to the U.S. small-cap value segment.