Vanguard Variable Annuity - Conservative Allocation Portfolio
Performance

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. Expense ratio information can be found on the Overview page.

Average Annual Returns—Updated Monthly as of 11/30/2016 (fee-adjusted)
 1 Year3 Year5 Year10 YearSince Inception
10/19/2011
VVA-Conserv Allocation3.70%3.88%5.87% 6.04%
Conservative AllocationComposite Ix*4.25%4.35% 6.40%6.52%

Recent Investment Returns
 Year-to-Date
as of 12/02/2016
Year-to-Date
as of 11/30/2016
Previous
Month—November
Three-Month Total
as of 11/30/2016
VVA-Conserv Allocation4.64%4.77%–0.44% –1.67%
Conservative AllocationComposite Ix*5.23% –0.36%–1.50%

See cumulative, yearly, and quarterly historical returns

*Weighted 48% Bloomberg Barclays U.S. Aggregate Float Adjusted Index, 28% S&P Total Market Index, 12% Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index, and 12% FTSE Global All Cap ex US Index as of June 3, 2013. Previously, the composite was 60% Bloomberg Barclays U.S. Aggregate Float Adjusted Index, 28% S&P Total Market Index, and 12% MSCI ACWI ex USA IMI Index through June 2, 2013. International stock benchmark returns are adjusted for withholding taxes.