TDVG vs VOO
T. Rowe Price Dividend Growth ETF vs Vanguard S&P 500 ETF
Which is better, TDVG or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. TDVG is less concentrated, with 29.7% of the fund in its ten largest positions against 36.4%.
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 | TDVG | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $1.5B | $997.4B |
| Dividend Yield | 0.96% | 1.04% |
| Holdings | 96 | 509 |
| YTD Return | +8.98% | +11.55%Best |
| 1Y Return | +14.50% | +17.54%Best |
| 3Y Return (annualized) | +14.96% | +20.71%Best |
| 5Y Return (annualized) | +9.43% | +12.80%Best |
| Volatility (annualized) | 13.5%Best | 15.4% |
| Max Drawdown | -19.2%Best | -24.5% |
| $10,000 over 5 years | $15,692 | $18,262Best |
| Top 10 Weight | 29.7%Best | 36.4% |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 4, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2020 to Sep 10, 2026 (6.1 years).
TDVG vs VOO 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 6.1 years both funds cover.
TDVG vs VOO Performance
T. Rowe Price Dividend Growth ETF (TDVG) is an ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TDVG returned +14.50% while VOO returned +17.54%. Year to date, TDVG is up 8.98% versus a gain of 11.55% for VOO.
Over three years, TDVG compounded at +14.96% per year against +20.71% for VOO; over five years the annualized figures are +9.43% and +12.80% respectively. Across the full 6-year window we track, VOO has the edge at +15.97% annualized vs +12.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.5% for TDVG. 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 -19.2% for TDVG and -24.5% for VOO. 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
TDVG charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, TDVG currently yields 0.96% against 1.04% for VOO.
Holdings Overlap
93.5% of TDVG's money is in holdings VOO also owns. 46.0% of VOO's money is in holdings TDVG also owns.
Most of TDVG is already inside VOO. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 96 positions we hold weights for in TDVG and 505 in VOO, against full books of 96 and 509.
What only one of them owns
Our book lists 405 positions for VOO that do not appear in our book for TDVG (53.4% of the fund), and 2 for TDVG that do not appear in VOO (2.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TDVG | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.41% | 6.59% | 1.18% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.86% | 4.30% | 0.44% |
| NVDANvidia Corp. | 0.41% | 7.51% | 7.10% |
| AVGOBroadcom Inc | 3.68% | 2.77% | 0.91% |
| JPMJpmorgan Chase & Co. | 3.08% | 1.26% | 1.82% |
| VVisa Inc | 2.73% | 0.87% | 1.86% |
| LLYEli Lilly & Co. | 1.86% | 1.47% | 0.39% |
| KLACKla Corp. | 2.68% | 0.61% | 2.07% |
| GEGeneral Electric Co. | 2.46% | 0.60% | 1.86% |
| AMATApplied Materials, Inc. | 1.61% | 0.89% | 0.72% |
93.5% of TDVG is already inside VOO.
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, TDVG or VOO?
TDVG has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, TDVG or VOO?
Over the past year TDVG returned +14.50% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), TDVG annualized +12.66% vs +15.97% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TDVG or VOO?
VOO has been the more volatile fund at 15.4% annualized versus 13.5% for TDVG. Worst drawdown: TDVG -19.2% vs VOO -24.5%.
Should I hold both TDVG and VOO?
TDVG and VOO 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 TDVG and VOO?
93.5% of TDVG's money is in holdings VOO also owns. 46.0% of VOO's is in holdings TDVG also owns. They hold 91 positions in common, counted across the 96 positions we hold weights for in TDVG and 505 in VOO.
Which pays a higher dividend, TDVG or VOO?
TDVG yields 0.96% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than TDVG?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. TDVG is less concentrated, with 29.7% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.