Industry Distribution:

• Financial services: 23%
• Industry: 21%
• Healthcare: 15%

Top 3 Markets and their Shares:

• USA: 85%
• Canada: 5%
• United Kingdom: 3%

The Vanguard Small-Cap Value ETF (VBR) mainly invests in small undervalued US companies. The majority of revenues come from the USA, which is typical for an ETF focusing on the US market. The most significant industries are financial services, industry, and healthcare, which together make up almost 60% of the portfolio. This reflects the fund's diversification strategy, aiming to invest in various sectors to spread the risk.

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

The fund invests in a portfolio of small-cap companies with a value focus. Since it is an ETF, Vanguard itself does not produce physical products, but offers financial products and services. The management and distribution of these financial products are carried out by Vanguard, a global investment management company headquartered in Malvern, Pennsylvania, USA.

Current Strategy: Diversification and Cost Minimization

Vanguard pursues a passive investment strategy with its index funds, including the Vanguard Small-Cap Value ETF (VBR), aiming to replicate the performance of a specific index.

The main strategy for future growth is to increase diversification and further minimize costs for investors. Vanguard relies on broad diversification of investments to reduce risk and achieve stable returns.

Another focus is on continuously optimizing the fund structure to increase efficiency and minimize tracking difference. Vanguard also invests in technological improvements to provide investors with better access and easier management of their investments.

Additionally, Vanguard could respond to the growing demand for sustainable and ESG-compliant (Environmental, Social, Governance) investments by developing appropriate products or adapting existing funds.

Direct Raw Material Imports: None

The Vanguard Small-Cap Value ETF (VBR) is an exchange-traded fund that invests in small US companies considered undervalued. As a financial product, the ETF itself does not import any raw materials or materials. Instead, it invests in stocks of companies that may import raw materials.

The raw material imports and their countries of origin depend on the specific companies in the ETF. These companies could import raw materials such as metals, chemicals, or other materials from different countries, depending on their industry and needs. For detailed information on raw material imports, an analysis of the individual companies in the ETF would be required.

Assets Under Management (AUM): 49.2 billion USD (2023) Expense Ratio: 0.07% (2023)

The Vanguard Small-Cap Value ETF (VBR) benefits from several competitive advantages that set it apart in the industry. One of the most significant advantages is the extremely low expense ratio of 0.07%, which allows investors to cost-effectively invest in a diversified portfolio of small-cap value stocks. These low costs are a hallmark of Vanguard and provide a significant advantage over competitors with higher fees.

Another advantage is the assets under management of 49.2 billion USD, which gives the ETF significant size and liquidity. This allows investors to trade the ETF easily without significant impact on the market price.

Additionally, VBR benefits from Vanguard's strong brand reputation, known for transparency, reliability, and a long-term investment strategy. These factors help build investor confidence and enhance the attractiveness of the ETF compared to competing products.

Institutional Investor Share: approx. 94% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant insider transactions known (typical for ETFs)

The Vanguard Small-Cap Value ETF (VBR) traditionally has a high proportion of institutional investors, as ETFs are often used by institutional investors such as pension funds, hedge funds, and investment companies to create diversified portfolios. The share of institutional investors is usually around 90% or higher.

Insider buys or sells are less relevant for ETFs like VBR, as it is a fund that holds a variety of stocks and not a single company where insider transactions could take place.

Market share of Vanguard Small-Cap Value ETF (VBR): Estimate 5-7% (2025)

Main competitors and their market shares:

1. iShares Russell 2000 Value ETF (IWN): Estimate 8-10%
2. Schwab U.S. Small-Cap Value ETF (SCHA): Estimate 4-6%
3. SPDR S&P 600 Small Cap Value ETF (SLYV): Estimate 3-5%
4. Invesco S&P SmallCap Value with Momentum ETF (XSVM): Estimate 2-4%
5. Avantis U.S. Small Cap Value ETF (AVUV): Estimate 2-3%

The Vanguard Small-Cap Value ETF (VBR) is a significant player in the small-cap value ETF space, but not the market leader. The iShares Russell 2000 Value ETF (IWN) has a larger market share and is a strong competitor.

Moat Analysis:

Vanguard has a certain moat through its strong brand recognition, low cost structure, and broad diversification. These factors contribute to VBR remaining attractive to many investors. The low costs are a crucial advantage as they directly impact investors' returns.

Compared to competitors, iShares also has a significant moat due to its extensive product range and strong market presence. Schwab and SPDR also offer cost-effective alternatives, intensifying the competition.

Overall, Vanguard's moat is solid but not unique. The competition offers similar advantages, making it important for Vanguard to continue investing in cost efficiency and customer satisfaction to maintain or expand its market position.

Assets under Management (AUM): 45 billion USD (estimated for 2025 based on historical growth rates)

Annual Expense Ratio: 0.07%

Diversification: Over 900 holdings

The Vanguard Small-Cap Value ETF (VBR) is known for its broad diversification and low expense ratio. With over 900 holdings, it provides investors access to a variety of small companies considered undervalued. This diversification reduces the risk associated with investing in individual stocks.

The low expense ratio of 0.07% is another advantage as it does not significantly diminish investors' returns. Compared to other funds in the same category, this is one of the lowest fee structures, making VBR a cost-effective option.

Additionally, the fund has benefited in the past from the overall market strength and the recovery of smaller companies, which can often grow faster than larger companies. This could also present an attractive growth opportunity in the future, especially when economic conditions are favorable for smaller companies.

Overall, VBR could be a good investment for investors looking for a cost-effective way to diversify into the small-cap space, especially if they believe in the potential of undervalued small companies.

Dividend yield: 2.1% (2025, estimated)
Payout frequency: Quarterly

The Vanguard Small-Cap Value ETF (VBR) regularly pays out dividends. The distributions are made quarterly and have been relatively reliable in the past. The dividend yield is currently around 2.1%, which can be considered moderate compared to other ETFs in the small-cap segment.

Vanguard is known for its cost-effective and well-diversified funds, which contribute to the stability of the payouts. The reliability of dividend payments is supported by the broad diversification of companies included in the ETF, which mitigates the risk of income losses.