VB

The Vanguard Morningstar Small‑Cap ETF (VB) invests in a broad array of U.S. small‑capitalization stocks, covering both growth and value styles across many industry sectors. It seeks to track the Morningstar U.S. Small‑Cap Index (formerly the CRSP U.S. Small‑Cap Index) using a passive, full‑replication approach that holds each constituent in roughly the same proportion as the index. The fund’s strategy emphasizes low turnover and tight tracking of the benchmark, providing exposure to the overall U.S. small‑cap market. This ETF is suitable for investors who want diversified small‑cap equity exposure as part of a long‑term growth‑oriented portfolio or as a complement to larger‑cap holdings.