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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Emerging Markets Stock Index Fund/United States</name>
        <lei>YNHDFX2L9SSID3XIIE57</lei>
        <title>VANG-EM MKT-ADM</title>
        <cusip>922042841</cusip>
        <identifiers>
          <isin value="US9220428414"/>
        </identifiers>
        <balance>5812267.79700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200871975.06000000</valUSD>
        <pctVal>18.09484731837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Developed Markets Index Fund</name>
        <lei>3TVJ6OS71EDS4RAB2217</lei>
        <title>VANG-DE MK I-ADM</title>
        <cusip>921943809</cusip>
        <identifiers>
          <isin value="US9219438093"/>
        </identifiers>
        <balance>23710164.80300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310128955.62000000</valUSD>
        <pctVal>27.93687919519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-08-26</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD VARIABLE INSURANCE FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Ashley Grim</ncom:signature>
      <ncom:signerName>Ashley Grim</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
