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Vanguard Russell 2000 U.S. Small-Cap UCITS ETF USD AccIndex, costs, backtest, listings and taxation

ISIN: IE000GTBEXG4Ticker: VRSAIssuer: Vanguard
ETF launched on 7 July 2026 — page still filling up

What you see is what the issuer has declared so far. The rest comes with time, not by our choice: each row appears on its own as soon as the data exists.

Tracking differenceafter the first full calendar year, from January 2028
Dividendsnot applicable: accumulating share class
History certified by financial statementswith the first semi-annual or annual issuer report that includes the fund
Issuer-declared data
Declared index
Russell 2000 Index
TER
0.20%
Transaction costs
0.02% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Physical (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics — inferred (issuer documents do not declare art. 8/9) what does it mean?
Fund assets
5.1 mln EUR
Domicile
Ireland
Inception date
7 July 2026
Data as declared by Vanguard in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Vanguard Russell 2000 U.S. Small-Cap UCITS ETF USD Acc tracks the issuer-declared index: Russell 2000 Index. The declared annual cost (TER) is 0.20%, plus 0.02% in transaction costs estimated by the issuer in the KID. Income is accumulated and reinvested in the fund. The fund has assets of about 5 million euro, was launched on 7 July 2026 and is domiciled in Ireland. In our registry 1 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

In seeking to achieve its investment objective, the Fund aims to provide a return which, before the application of fees and expenses, is similar to the return of the Index. The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Russell 2000® Index (the “Index”). The Index measures the performance of the small-cap segment of the US equity universe. The Index is a subset of the Russell 3000® Index which is designed to represent approximately 98% of the investable US equity market. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Fund attempts to: 1. Track the performance of the Index by fully replicating the Index, so that the Fund invests in all, or substantially all, of the constituents of the Index, making the weight of such investments approximate to those of the Index, to the extent practicable. 2. Remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses. The Fund may invest in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. The Fund may engage in short term secured lending of its investments to certain eligible third parties. This is used as a means of generating additional income and to off-set the costs of the Fund. While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus. Information on the Fund's portfolio can be found at https://www.ie.vanguard/products. The Indicative Net Asset Value for the Fund is calculated throughout the trading day and is published on Bloomberg or Reuters. The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index. ETF Shares in the Fund can be bought or sold on a daily basis (save on certain bank holidays or public holidays and subject to certain restrictions described in the Prospectus). ETF Shares are listed on one or more stock exchange(s). Subject to certain exceptions set out in the Prospectus, investors who are not Authorised Participants may only buy or sell ETF Shares through a company that is a member of a relevant stock exchange at any time when that stock exchange is open for business. A list of the days on which shares in the Fund cannot be bought or sold is available on: https://fund-docs.vanguard.com/holiday-calendar-vanguard-funds-plcETFs.pdf Income from the ETF Shares will be reinvested and reflected in the price of shares in the ETF. VF is an umbrella Fund with segregated liability between sub-funds. This means that the holdings of the Fund are maintained separately under Irish law from holdings of other sub-funds of VF and your investment in the Fund will not be affected by any claims against any other sub-fund of VF.

Keep reading the KID section ▾

Intended retail investor:The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy. The VF depositary is Brown Brothers Harriman Trustee Services (Ireland) Limited. You can obtain copies of the Prospectus and the latest annual and semiannual report and accounts for Vanguard Funds plc (“VF”) along with the latest published prices of shares and other practical information, from VF c/o Brown Brothers Harriman Fund Administration Services (Ireland) Limited, 30 Herbert Street, Dublin 2, D02 W329, Ireland or from our website at https://global.vanguard.com. Information on the Fund's portfolio disclosure policy and publication of the iNAV can be obtained at https://global.vanguard.com/portal/site/portal/ucits-documentation. The documents are available in English and are free of charge.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Jul 2026 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
-0.4%
Volatility (ann.)
14.4%
Max drawdown
-4.78%
-5%-3%+0%+3%+6%Jul 2026Jul 2026Aug 2026Aug 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)0%Jul 2026Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%2026−4.78% · 01 Sept 2026
Max drawdown
-4.78%
peak → trough
Trough
01 Sept 2026
from the 14 Aug 2026 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
20 days
decline + recovery: peak to break-even · (ongoing)

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
14 Aug 202601 Sept 2026-4.78%ongoing20
09 Jul 202629 Jul 2026-2.87%04 Aug 202626
04 Aug 202606 Aug 2026-1.16%12 Aug 20268
07 Jul 202608 Jul 2026-0.87%09 Jul 20262
Source: Vanguard. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Portfolio holdings

Securities in portfolio
1,956
Top-10 weight
3.2%

Top 10 holdings

Hut 8 Corp · HUT
0.36%
Moog Inc · MOG/A
0.36%
UMB Financial Corp · UMBF
0.35%
Cytokinetics Inc · CYTK
0.33%
Viasat Inc · VSAT
0.32%
BrightSpring Health Services Inc · BTSG
0.31%
Glaukos Corp · GKOS
0.31%
CareTrust REIT Inc · CTRE
0.31%
Old National Bancorp/IN · ONB
0.30%
Brinker International Inc · EAT
0.30%

Sectors

Health Care
19.8%
Financials
18.9%
Industrials
16.0%
Consumer Discretionary
11.8%
Technology
10.8%
Real Estate
6.3%
Energy
6.1%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazil: 0.2%BruneiBhutanBotswanaCentral African RepublicCanada: 0.8%SwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorway: 0.2%NepalNew ZealandOmanPakistanPanama: 0.1%PeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 99.2%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States99.2%
Other0.9%
Canada0.8%
United Kingdom0.3%
Brazil0.2%
Norway0.2%
Panama0.1%
Download the full portfolio — Excel, 1,956 rows
Full portfolio declared by Vanguard, as of 31 July 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

ETFs declaring the same index

FundTERIncomeFund size
RU2E · iShares · 2 classes
0.20%Acc.115 mln EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
not applicable
Equity fund per the issuer-declared asset class: it cannot hold «white list» government bonds, so capital gains are taxed at the full 26% Italian rate. That is why the issuer publishes no semi-annual certificate.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)VRSA9 Jul 2026
Börse DüsseldorfV2SA9 Jul 2026
Börse FrankfurtV2SA9 Jul 2026
Börse HamburgV2SA13 Jul 2026
Börse HannoverV2SA21 Jul 2026
Börse München / gettexV2SA9 Jul 2026
Börse StuttgartV2SA14 Jul 2026
Euronext AmsterdamVRSA9 Jul 2026
Tradegate ExchangeV2SA16 Jul 2026
Xetra (Deutsche Börse)V2SA9 Jul 2026
+ 8 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Vanguard Russell 2000 U.S. Small-Cap UCITS ETF USD Acc track?
The issuer Vanguard declares the benchmark: Russell 2000 Index.
How much does VRSA cost?
The issuer-declared TER is 0.20% per year; the transaction costs estimated in the KID are 0.02%.
What is the fund size of VRSA?
The fund size declared by Vanguard is about 5 million euro.
When was VRSA launched?
The fund was launched on 7 July 2026: it has been trading for 60 days: the page fills up as the issuer publishes data.
How does VRSA replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (declared in the KID objectives).
Does VRSA pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating Income”).
Where does VRSA trade?
Per the official ESMA register it trades on 10 main exchanges, including Borsa Italiana (ETFplus) (VRSA), Börse Düsseldorf (V2SA), Börse Frankfurt (V2SA), Börse Hamburg (V2SA), Börse Hannover (V2SA), Börse München / gettex (V2SA).
What was VRSA's worst fall?
Over the available history (since 2026), the maximum drawdown was -4.78%, reached in September 2026. Past performance is not indicative of future results.
How many securities does VRSA hold?
The declared portfolio holds 1,956 securities; the top 10 positions weigh 3.2%.
Transparency note
The data in this sheet is declared by Vanguard in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.