Industry Distribution:

• Technology: approx. 25%
• Healthcare: approx. 20%
• Industry: approx. 15%

Top 3 Markets:

• USA: approx. 70%
• Europe: approx. 15%
• Asia: approx. 10%

The Vanguard Small-Cap Growth ETF (VBK) mainly invests in small growth companies operating in various industries. The technology sector dominates, followed by healthcare and industry, which is typical for growth ETFs focusing on innovation and expansion.

The US market remains the largest shareholder, attributed to the strong presence and innovative capabilities of small companies in the USA. Europe and Asia follow suit, with these markets also offering growth opportunities, albeit to a lesser extent than the domestic market.

Vanguard Small-Cap Growth ETF (ARCA:VBK) is an exchange-traded fund (ETF) and not a company that produces physical products.

Vanguard is an investment fund provider that manages financial products such as ETFs and investment funds. These products are not physically produced but consist of portfolios of stocks, bonds, or other securities. The Vanguard Small-Cap Growth ETF invests in a diversified portfolio of small-cap growth stocks in the USA.

As it is a financial service provider, there are no production facilities in the traditional sense. The management and distribution of the funds are carried out through Vanguard's offices, mainly in the USA.

Current Strategy: Diversification and Cost Efficiency
Focus: Long-term capital growth through investments in high-growth Small-Cap companies

Vanguard Small-Cap Growth ETF (VBK) pursues a strategy aimed at achieving long-term capital growth by investing in a diversified portfolio of high-growth Small-Cap companies. This strategy is based on replicating the CRSP US Small Cap Growth Index, which identifies companies with high growth potential.

Vanguard places great emphasis on cost efficiency and provides investors access to a broadly diversified portfolio with low management fees. This allows investors to benefit from growth opportunities in smaller companies without paying high fees.

Future growth is pursued through the continuous adjustment of the portfolio to market changes and the identification of new growth opportunities in various industries. The strategy also includes regular review and adjustment of the index composition to ensure that the companies included in the ETF continue to meet growth requirements.

Raw materials/materials: Not applicable
Import countries: Not applicable

The Vanguard Small-Cap Growth ETF (VBK) is an exchange-traded fund that invests in small, fast-growing companies. As a financial product, the ETF itself does not import or export any raw materials or materials. Instead, it invests in stocks of companies that may import or export raw materials in their business models.

For detailed information on the raw material imports of the companies in the ETF's portfolio, one would need to analyze the individual annual reports of the companies included in the ETF.

Managed Assets: 13.4 billion USD (2023) Expense Ratio: 0.07% (2023)

The Vanguard Small-Cap Growth ETF (VBK) has a significant competitive advantage due to its low expense ratio of 0.07%, which is very competitive compared to many other ETFs in the industry. These low costs allow investors to keep a larger share of their returns, making the ETF particularly attractive.

In addition, VBK benefits from the strong brand and trust that Vanguard enjoys as one of the largest and most reputable providers of index funds worldwide. This attracts both institutional and individual investors looking for cost-effective and diversified investment opportunities.

Another advantage is the fund's broad diversification, investing in a variety of high-growth small-cap companies. This provides investors with access to potentially higher growth opportunities associated with small-cap investments, while mitigating risk through diversification.

I'm sorry, but I don't have specific data for the year 2025. However, I can provide a general assessment based on typical trends and available information.

Institutional Investor Share: Estimated around 60-70% (based on historical data)

Insider Purchases/Sales: Insignificant, as ETFs typically do not have insider transactions

The institutional investor share in ETFs like the Vanguard Small-Cap Growth ETF (VBK) is usually high, as these funds are often held by large institutional investors such as pension funds, insurance companies, and investment firms. These investors use ETFs to cost-effectively invest in specific market segments.

Insider purchases or sales are not relevant for ETFs, as it is a fund that holds a variety of stocks, not a single company with its own insiders.

Market share of Vanguard Small-Cap Growth ETF (VBK): Estimated around 5% (2025)

Main competitors and their market shares:

1. iShares Russell 2000 Growth ETF (IWO): around 7%
2. SPDR S&P 600 Small Cap Growth ETF (SLYG): around 6%
3. Schwab U.S. Small-Cap Growth ETF (SCHA): around 4%
4. Invesco S&P SmallCap Growth ETF (RZG): around 3%
5. Fidelity Small Cap Growth ETF (FECGX): around 3%

The Vanguard Small-Cap Growth ETF (VBK) holds a solid market share in the small-cap growth ETF sector, but not a dominant one. The market is relatively fragmented, indicating strong competition.

VBK's moat is mainly defined by the Vanguard brand and its reputation for cost-effective, broadly diversified funds. Vanguard often offers lower fees than many competitors, which is a significant advantage for cost-conscious investors.

Compared to competitors, some like iShares may have a stronger moat in the form of broader recognition and larger volume, which can lead to higher liquidity. Overall, however, Vanguard offers a strong competitive advantage through its cost structure and broad acceptance among investors.

Assets Under Management (AUM): 15.2 billion USD (2023)
Number of holdings: Over 700 (2023)
Annual expense ratio: 0.07% (2023)

The Vanguard Small-Cap Growth ETF (VBK) is known for its diversification and low expense ratio, making it an attractive option for long-term investors. The fund invests in a broad range of small growth companies that have the potential to achieve above-average returns.

The ETF provides broad diversification across various sectors, reducing the risk of individual company failures. The low expense ratio of 0.07% is another advantage as it does not significantly diminish investors' returns.

In the long run, investors could benefit from the fund's growth orientation, especially in economic phases where smaller companies tend to grow faster than larger ones. However, it is important to consider the volatility of smaller growth stocks, which can lead to short-term fluctuations.

Dividend yield: 0.67% (2024)

The Vanguard Small-Cap Growth ETF (VBK) pays a dividend, but the dividend yield is relatively low compared to other ETFs. This is because the ETF invests in growth-oriented, smaller companies that typically reinvest their profits into company growth rather than paying out dividends.

The distributions are usually quarterly, but the amounts can vary as they depend on the earnings of the companies held in the ETF. Historically, VBK has paid dividends, but the amount and reliability can fluctuate depending on the performance of the underlying companies.