What if you invested monthly in a Value ETF (VTV) for 15 years?
This calculates the result of investing a fixed amount monthly into VTV, which holds US large-cap value stocks, over 15 years using actual price data. It shows the defensive nature of value and its contrast with growth alongside maximum drawdown and time underwater.
Investment conditions
Asset · VTV (US Value ETF)
Method · Recurring monthly investment
Period · 2011-07-01 ~ 2026-07-01
Amount · $222 / month
As of · 2026-07-01
Key metrics
These results do not reflect taxes. Based on historical data.
Risk & recovery
As important as returns. This service does not hide maximum drawdown or loss periods.
Maximum drawdown (MDD)
-36.4%
Largest drop from peak
Longest loss period
4months
Months in loss: 5
Recovery period
8months
Growth over time
Invested principal (dashed) and portfolio value (solid). Values below match the calculation.
Total invested $40,222 → Final value $112,404 (+179.5%), Maximum drawdown (MDD) -36.4%
Why this period and asset
VTV broadly holds US large-cap value stocks tilted toward lower valuations and lower price-to-book ratios. For much of this 15-year window (2011-2026), tech and growth stocks led the market, so value lagged both the index and growth for long stretches. Conversely, in periods when growth stocks were badly shaken, such as the 2022 rate-hike phase, value held up comparatively better. It is an example of how the relative advantage of value versus growth has alternated across eras.
Interpreting the result
Value stocks theoretically aim for a discount premium, but in certain periods they can lag growth for a long time. Monthly investing accumulates more shares through declines and underperformance, and reinvesting dividends (value stocks tend to pay them) adds compounding. Yet a defensive character does not remove drawdowns. Even within these 15 years there were periods of deeper maximum drawdown, stretches below cost, and waits to recover, so check these alongside the return in the results.
Caveats & limits
Dividends from a value ETF are subject to dividend tax (e.g., 15% US withholding) and local taxes, and taxes are not reflected in this calculation. Expense ratios, trading fees, and USD/KRW exchange-rate moves also change the outcome. Past performance does not guarantee future results, and this page is not a recommendation to buy.
Data sources & limits
- Price data source: Yahoo Finance / FinanceDataReader
- Collected on: 2026-07-23
- Effective trading date: 2026-07-01
- Price basis: 复权收盘价(已反映股息与拆股)
- Trading fees and taxes are not reflected — figures are pre-tax.
- Based on historical data; does not guarantee future returns.
Frequently asked questions
Does this result include dividends?
It treats returns on a total-return basis with dividends reinvested. Since dividend tax is withheld when received, after-tax proceeds may be lower than the figure shown.
How is dividend tax handled?
Taxes are not reflected. US dividends are typically withheld at 15% and may be taxed locally, so after-tax results are lower.
How does it compare with a growth ETF?
Growth stocks led for much of this window, while value held up comparatively better in some sharp selloffs. Use the compare feature to view the same window side by side, including maximum drawdown.
Related scenarios
📋 结果基于历史数据计算,过去的收益不代表未来的收益。
📋 本服务旨在帮助理解投资、供教育之用,并非投资建议。