The application of vanadium (V) stable isotopes to trace various geological and biological processes is an emerging field. Vanadium can exist in several redox states and in various coordination environments, such that its isotopic composition could be used to trace its exchange between different phases during these processes. In order to provide a basis for interpreting natural data, we have computed theoretical isotope fractionation factors of V among various species relevant to geological and biological environments. To validate the accuracy of the calculations, we performed laboratory experiments to evaluate the V isotopic fractionation between organic and aqueous phases. The laboratoryscale experiment via liquid−liquid extraction with the aqueous phase of V in HCl and the organic phase of dicyclohexano-18-crown-6 (DC18C6) in 1,2-dichloroethane was performed. The magnitude of the isotope fractionation factor for the 51 V/ 50 V ratio between the aqueous and organic phases, which was found to vary between −0.1 and +1.35‰ depending on HCl molarity, is well explained by our theoretical isotope fractionation factors (ln β) obtained by the density functional theory method for V(IV) model molecules. We have also estimated the relative effect of the nuclear field shift (NFS) effect and the conventional mass-dependent isotope fractionation, where the NFS effect was found to be marginal (∼0.025‰) on the V isotope fractionation. This theoretical approach is applied to obtain ln β for various V species relevant to geological and biological environments which are discussed with regard to understanding natural variations of the V isotopes.