Reinvesting dividends increases annual returns of ETFs by about 0.3%

The 5-yr average annual returns of Vanguard ETFs as of 8/31/2020 including reinvested dividends, separated into three components

Vanguard Select ETFs

Capital Only

Dividends Only

Gains on Reinvested Dividends

S&P 500 ETF (VOO)

12.1%

1.6%

0.6%

Total Stock Market ETF (VTI)

11.6%

1.5%

0.6%

Extended Market ETF (VXF)

9.2%

1.2%

0.4%

FTSE Emerging Markets ETF (VWO)

5.1%

2.4%

0.3%

Long-Term Bond ETF (BLV)

4.8%

3.1%

0.6%

Total International Stock ETF (VXUS)

2.9%

2.6%

0.2%

FTSE Developed Markets ETF (VEA)

2.3%

2.6%

0.2%

Intermediate-Term Bond ETF (BIV)

2.2%

2.5%

0.2%

Total International Bond ETF (BNDX)

1.9%

2.2%

0.1%

Tax-Exempt Bond ETF (VTEB)

1.7%

1.9%

0.1%

Total Bond Market ETF (BND)

1.7%

2.4%

0.2%

Short-Term Inflation-Protected Securities ETF (VTIP)

1.1%

1.3%

0.1%

Short-Term Bond ETF (BSV)

0.8%

1.7%

0.1%

Other Popular Vanguard ETFs

Capital Only

Dividends Only

Gains on Reinvested Dividends

Growth ETF (VUG)

18.2%

0.8%

0.6%

Dividend Appreciation ETF (VIG)

11.6%

1.6%

0.6%

High Dividend Yield ETF (VYM)

5.5%

0.2%