Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Vanguard VIF Total Stock Mkt Idx Release date as of 2024-11-30. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-11-30 Out of 1276 Large Blend Funds Morningstar® Style Box™ What is this? As of 2024-10-31 Total Fund Assets ($ Mil) 5,612.78 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks to track the performance of the S&P Total Market Index that measures the investment return of the overall stock market. The Portfolio employs an indexing investment approach designed to track the performance of the Standard & Poor's (S&P) Total Market Index by investing all, or substantially all, of its assets in two Vanguard Funds-Vanguard Variable Insurance Fund Equity Index Portfolio and Vanguard Extended Market Index Fund. The S&P Total Market Index consists of substantially all of the U.S. common stocks regularly traded on the New York Stock Exchange and the Nasdaq over-the-counter market.

Morningstar Category: Large Blend Large-blend portfolios are fairly representative of the overall US stock market in size, growth rates and price. Stocks in the top 70% of the capitalization of the US equity market are defined as large cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. These portfolios tend to invest across the spectrum of US industries, and owing to their broad exposure, the portfolios' returns are often similar to those of the S&P 500 Index.

Investment Risks Fund of Funds: An investment option with mutual funds in its portfolio may be subject to the expenses of those mutual funds in addition to those of the investment option itself.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 98.9 Non-U.S. Stocks 0.8 Bonds 0.0 Cash 0.3 Other 0.0 Data through 2024-10-31 Morningstar Equity Sectors % of Stocks Cyclical 28.57 Basic Materials 2.30 Consumer Cyclical 10.48 Financial Services 12.90 Real Estate 2.89 Sensitive 51.65 Communication Services 8.24 Energy 3.43 Industrials 8.75 Technology 31.23 Defensive 19.78 Consumer Defensive 5.51 Healthcare 11.73 Utilities 2.54 Data through 2024-10-31 Holding Status Total Number of Stock Holdings 0 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 100.01 Turnover % (as of 2023-12-31) 12.00 30 Day SEC Yield % 1.26 Top Holdings Sector P/E % of Net Assets Vanguard VIF Equity Index --- --- 87.06 Vanguard Extended Market Index Admiral --- --- 12.95 Data through 2024-10-31

Principal Risks    Loss of Money, Not FDIC Insured, Nondiversification, Index Correlation/Tracking Error, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Underlying Fund/Fund of Funds, Sampling Show Risk Definitions

Other Information Inception Date: 2003-01-08 Portfolio Manager(s) Walter Nejman   (2013-02-22) Walter Nejman, Portfolio Manager at Vanguard. He has been with Vanguard since 2005; has worked in investment management since 2008; and has co-managed the Communication Services Index, Health Care Index, Industrials Index, and Information Technology Index Funds since 2015. Education: B.A., Arcadia University; M.B.A., Villanova University. Aurélie Denis   (2023-02-17) Aurélie Denis, CFA, Portfolio Manager at Vanguard. She has been with Vanguard since 2016, has worked in investment management since 2017, has managed investment portfolios since 2023, and has co-managed the Fund since February 2023. Education: B.S., Pennsylvania State University. Investment Advisor(s) Vanguard Group Inc Issuer Vanguard Subadvisor(s) ---

Show Data Definitions © Copyright 2024 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.