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Dividend Appreciation ETF

Vanguard Vanguard Dividend Appreciation ETF VIG As of December 31, 2021 investment approach Seeks to track the performance of the S&P Dividend Growers Index. Passively managed, full-replication approach. Fund remains fully invested. Large-cap equity, emphasizing stocks with a record of growing their dividends year over year. Low expenses minimize net tracking error. Performance history Total returns 2 for period ended December 31, 2021 VIG (Inception 04/21/2006) Quarter Year to date 1 year 3 years 5 years 10 years Since inception Net asset value (NAV) return Market price return Spliced S&P Dividend Growers Index NASDAQ US Dividend Achievers Select Index (formerly known as the Dividend Achievers Select Index) through September 19, 2021, S&P Dividend Growers Index thereafter.

Investment returns and principal value will fluctuate, so investors’ shares, when sold, ... Turnover rate excludes the value of portfolio securities received or delivered as aresult in-kind purchases redemptions fund’s capital shares, including Vanguard ETF Creation Units.

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