IVOO vs VTI
Vanguard S&P Mid-Cap 400 ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, IVOO or VTI?
Mid Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVOO | VTI |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $3.8B | $666.9B |
| Dividend Yield | 1.18% | 1.07% |
| Holdings | 408 | 3,543 |
| YTD Return | +13.95%Best | +13.59% |
| 1Y Return | +16.92% | +20.00%Best |
| 3Y Return (annualized) | +14.85% | +20.95%Best |
| 5Y Return (annualized) | +8.36% | +11.81%Best |
| Volatility (annualized) | 16.9% | 14.5%Best |
| Max Drawdown | -42.5% | -35.0%Best |
| $10,000 over 5 years | $14,940 | $17,474Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Sep 7, 2010 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
IVOO vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
IVOO vs VTI Performance
Vanguard S&P Mid-Cap 400 ETF (IVOO) is an ETF from Vanguard (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year IVOO returned +16.92% while VTI returned +20.00%. Year to date, IVOO is up 13.95% versus a gain of 13.59% for VTI.
Over three years, IVOO compounded at +14.85% per year against +20.95% for VTI; over five years the annualized figures are +8.36% and +11.81% respectively. Across the full 16-year window we track, VTI has the edge at +13.20% annualized vs +11.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVOO has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.5% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -42.5% for IVOO and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVOO charges 0.07% per year while VTI charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, IVOO currently yields 1.18% against 1.07% for VTI.
Holdings Overlap
At least 76.7% of IVOO's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of IVOO is already inside VTI. Owning both mostly buys the same companies twice.
302 positions in common, counted across the 401 positions we hold weights for in IVOO and 2,787 in VTI, against full books of 408 and 3,543.
Top Shared Holdings
| Stock | Weight in IVOO | Weight in VTI | Difference |
|---|---|---|---|
| TWLOTwilio Inc. Class A | 0.86% | 0.04% | 0.82% |
| CRSCarpenter Technology Corpcommon Stock | 0.84% | 0.04% | 0.80% |
| MKSIMks Instruments Inc | 0.82% | 0.04% | 0.78% |
| CWCurtiss-wright Corp | 0.77% | 0.04% | 0.73% |
| ENTGEntegris Inc Common Stock Usd 0.01 | 0.75% | 0.04% | 0.71% |
| NVT:IENvent Electric Plc Ordinary Shares | 0.75% | 0.04% | 0.71% |
| ATIAti Inc | 0.74% | 0.04% | 0.70% |
| ILMNIllumina, Inc. | 0.73% | 0.03% | 0.70% |
| 0RMV:LNTechnipfmc Plc Ordinary Shares | 0.72% | 0.04% | 0.68% |
| MTZMastec Inc | 0.70% | 0.04% | 0.66% |
76.7% of IVOO is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVOO or VTI?
IVOO has an expense ratio of 0.07% while VTI charges 0.03%. VTI is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IVOO or VTI?
Over the past year IVOO returned +16.92% vs +20.00% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), IVOO annualized +11.24% vs +13.20% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVOO or VTI?
IVOO has been the more volatile fund at 16.9% annualized versus 14.5% for VTI. Worst drawdown: IVOO -42.5% vs VTI -35.0%.
Should I hold both IVOO and VTI?
IVOO and VTI have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVOO and VTI?
At least 76.7% of IVOO's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 302 positions in common, counted across the 401 positions we hold weights for in IVOO and 2,787 in VTI.
Which pays a higher dividend, IVOO or VTI?
IVOO yields 1.18% while VTI yields 1.07%, so IVOO currently pays the higher dividend yield.
Is VTI better than IVOO?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.