# Vanguard FTSE Global Small-Cap UCITS ETF (VSMD) **Page:** https://fundology.uk/fund/vsmd · ISIN IE000F8RXD33 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, VSMD (Vanguard FTSE Global Small-Cap UCITS ETF, ISIN IE000F8RXD33) closed at $4.76 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). ## Summary Vanguard Funds plc - Vanguard FTSE Global Small-Cap UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2026. It tracks the FTSE Global Small Cap Index - USD - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **$4.76** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VSMD | | ISIN | IE000F8RXD33 | | Also listed as | VGSD (Xetra, euros) | | Category | Smaller companies | | Type | ETF | | Provider | Vanguard | | Tracks | FTSE Global Small Cap Index - USD - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £9.4m | | Launched | 2026 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/08/2026 | ## Charges compared with similar funds Ongoing charge of Vanguard Funds plc - Vanguard FTSE Global Small-Cap UCITS ETF 0.25% a year. Compared on 14/11/2026, 27 of the 36 other smaller-company funds charge more, 3 the same and 6 less (share classes counted once). ## Funds tracking the same index 2 funds track FTSE Global Small Cap Index - USD - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.22% to 0.25% a year (14/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard FTSE Global Small-Cap UCITS ETF Accun USD | 0.22% | — | — | — | | Vanguard Funds plc - Vanguard FTSE Global Small-Cap UCITS ETF (this fund) | 0.25% | — | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 31/10/2026, VSMD holds 5,357 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.08% of the fund; the ten largest make up 3.7%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 1.08% | | 2 | Moderna | [MRNA](https://fundology.uk/stock/MRNA) | 0.77% | | 3 | Atlassian | [TEAM](https://fundology.uk/stock/TEAM) | 0.29% | | 4 | TechnipFMC | [FTI](https://fundology.uk/stock/FTI) | 0.25% | | 5 | United Therapeutics | [UTHR](https://fundology.uk/stock/UTHR) | 0.24% | | 6 | AerCap | [AER](https://fundology.uk/stock/AER) | 0.22% | | 7 | Entegris | [ENTG](https://fundology.uk/stock/ENTG) | 0.22% | | 8 | Guardant Health | [GH](https://fundology.uk/stock/GH) | 0.22% | | 9 | US Foods | [USFD](https://fundology.uk/stock/USFD) | 0.22% | | 10 | Ati | [ATI](https://fundology.uk/stock/ATI) | 0.21% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 31/10/2026. | Sector | Weight | |---|---| | Industrials | 18.6% | | Information Technology | 14.0% | | Financials | 13.4% | | Health Care | 11.5% | | Consumer Discretionary | 10.1% | | Materials | 7.4% | | Real Estate | 7.0% | | Energy | 4.7% | | Other sectors | 9.1% | | Not classified | 1.2% | ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | United States | 62.6% | | Japan | 5.5% | | Canada | 3.3% | | United Kingdom | 3.0% | | Taiwan | 2.6% | | India | 2.3% | | South Korea | 1.6% | | Australia | 1.6% | | Other countries | 13.3% | | Not classified | 1.1% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Equity | 96.0% | | Cash and money market | 1.1% | The 3,087 holdings on record (of 5,357 reported): https://fundology.uk/fund/vsmd/holdings ## Questions people ask **What is the ongoing charge of VSMD?** The ongoing charge of VSMD is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Vanguard Funds plc - Vanguard FTSE Global Small-Cap UCITS ETF 0.25% a year. Compared on 14/11/2026, 27 of the 36 other smaller-company funds charge more, 3 the same and 6 less (share classes counted once). **What does VSMD track?** VSMD tracks the FTSE Global Small Cap Index - USD - Benchmark TR Net. **Is VSMD accumulating or distributing?** VSMD is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of VSMD?** The ISIN of VSMD is IE000F8RXD33. An ISIN identifies one exact share class of a fund; VSMD is its ticker on the London Stock Exchange. The same share class is also listed as VGSD (Xetra, euros). **What does VSMD hold?** As of 31/10/2026, VSMD holds 5,357 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.08% of the fund; the ten largest make up 3.7%. Its ten largest holdings are Cash and cash equivalents (1.08%), Moderna (0.77%), Atlassian (0.29%), TechnipFMC (0.25%), United Therapeutics (0.24%), AerCap (0.22%), Entegris (0.22%), Guardant Health (0.22%), US Foods (0.22%) and Ati (0.21%). ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/equity/E164/ftse-global-small-cap-ucits-etf-usd-dist) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie000f8rxd33-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/FTSE_Global_Small-Cap_UCITS_ETF_USD_Dist_E164_EU_INT_UK_EN.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.