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Drawdown history · ETF

VBK’s worst drop since 2004 was 59%

Vanguard Small-Cap Growth ETF (VBK) fell 59% from Oct 2007 to Mar 2009. It took 3.2 years from that peak to close at a new high, in Dec 2010. Over the same years the S&P 500 fell as much as 55%.

That drop ranks 75th deepest among the 203 ETFs PortfolioAutopsy tracks.

−58.7%
Worst drop
Oct 2007 → Mar 2009
3.2 yrs
Back to the old high
new high Dec 2010
−51.5%
Worst 12 months
Nov 2007 → Nov 2008
3.2 yrs
Longest underwater
from Oct 2007
−7.4%
Now vs its high
as of 2026-10-13
+9.6%
Yearly return since 2004
dividends reinvested

Drawdown from the last high, 2004 to now

VBKS&P 500 (SPY)
VBK drawdown from its last high since 20040%−20%−40%−60%20052010201520202025−59% by Mar 2009

How VBK held up in each crash

CrashYearsVBKS&P 500
Dot-com bust2000–02not trading yet−47.5%
Financial crisis2007–09−58.7%−55.2%
COVID crash2020−38.7%−33.7%
2022 rate shock2022−33.5%−24.5%

Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.

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Questions

What was VBK’s maximum drawdown?

VBK’s deepest fall since 2004 was 58.7%, from its high on October 10, 2007 to its low on March 9, 2009. The figure uses daily prices with dividends reinvested.

How long did VBK take to recover?

3.2 years. VBK first closed above its Oct 2007 high again on December 7, 2010.

Was VBK riskier than the S&P 500?

Over the same years, VBK’s worst drop was 58.7% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −51.5% against −47.4%.

Compare with

IWM −59%VO −59%SPYV −58%EWJ −59%XLY −59%IJR −58%VTV −59%VXF −58%All tickers

Daily adjusted closes from Yahoo Finance, February 2, 2004 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.

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