TMVE vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricTMVEVOOWinner
Expense Ratio0.55%0.03%
AUM$302M$979.0B
Dividend Yield0.10%1.09%
Holdings84509
YTD Return+18.61%+13.72%
1Y Return-+21.63%
3Y Return (annualized)-+21.55%
5Y Return (annualized)-+13.26%
Volatility (annualized)-14.1%
Max Drawdown-8.2%-34.3%
Fund FamilyThrivent FundsVanguard (US)
CategoryEquityEquity
InceptionNov 17, 2025Sep 7, 2010

TMVE vs VOO Performance

Thrivent Mid Cap Value ETF (TMVE) is a ETF from Thrivent Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, TMVE is up 18.61% versus a gain of 13.72% for VOO.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -8.2% for TMVE and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

TMVE charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, TMVE currently yields 0.10% against 1.09% for VOO.

Holdings Overlap

5.3%overlap

TMVE and VOO share 45 holdings out of 544 unique holdings combined, representing a 5.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TMVEWeight in VOODifference
MTB2.27%0.05%2.22%
USB2.12%0.15%1.97%
JNJ1.30%0.95%0.35%
GDProProPro
ICEProProPro
COFProProPro
AIGProProPro
TMOProProPro
LHProProPro
PPGProProPro
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Frequently Asked Questions

Which is cheaper, TMVE or VOO?

TMVE has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $52 per year of difference.

What is the holdings overlap between TMVE and VOO?

TMVE and VOO share 45 common holdings with a 5.3% weight overlap. Combined, they hold 544 unique securities.

Which pays a higher dividend, TMVE or VOO?

TMVE yields 0.10% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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