VBK vs VOO
Vanguard Morningstar Small-Cap Growth ETF vs Vanguard S&P 500 ETF
Which is better, VBK or VOO?
Small Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VBK is less concentrated, with 9.1% of the fund in its ten largest positions against 37.6%.
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 | VBK | VOO |
|---|---|---|
| Expense Ratio | 0.05% | 0.03%Best |
| AUM | $23.2B | $997.4B |
| Dividend Yield | 0.44% | 1.04% |
| Holdings | 553 | 509 |
| YTD Return | +10.60% | +12.25%Best |
| 1Y Return | +13.31% | +17.03%Best |
| 3Y Return (annualized) | +15.92% | +21.25%Best |
| 5Y Return (annualized) | +3.67% | +13.08%Best |
| Volatility (annualized) | 18.7% | 14.1%Best |
| Max Drawdown | -38.8% | -34.3%Best |
| $10,000 over 5 years | $11,975 | $18,490Best |
| Top 10 Weight | 9.1%Best | 37.6% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Jan 26, 2004 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 17, 2026 (16 years).
VBK 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 16 years both funds cover.
VBK vs VOO Performance
Vanguard Morningstar Small-Cap Growth ETF (VBK) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VBK returned +13.31% while VOO returned +17.03%. Year to date, VBK is up 10.60% versus a gain of 12.25% for VOO.
Over three years, VBK compounded at +15.92% per year against +21.25% for VOO; over five years the annualized figures are +3.67% and +13.08% respectively. Across the full 16-year window we track, VOO has the edge at +13.38% annualized vs +11.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VBK has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 14.1% for VOO. 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 -38.8% for VBK and -34.3% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VBK charges 0.05% per year while VOO charges 0.03%. On a $10,000 position that is $5 vs $3 annually, a gap of $2 per year that compounds over a long holding period. On income, VBK currently yields 0.44% against 1.04% for VOO.
Holdings Overlap
9.6% of VBK's money is in holdings VOO also owns. 0.8% of VOO's money is in holdings VBK also owns.
VBK and VOO share little of their money.
30 positions in common, counted across the 542 positions we hold weights for in VBK and 494 in VOO, against full books of 553 and 509.
What only one of them owns
Our book lists 458 positions for VOO that do not appear in our book for VBK (98.4% of the fund), and 496 for VBK that do not appear in VOO (83.3%).
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 VBK | Weight in VOO | Difference |
|---|---|---|---|
| CASYCaseys General | 0.80% | 0.05% | 0.75% |
| EMEEmcor Group Inc | 0.51% | 0.06% | 0.45% |
| INCYIncyte Corp. | 0.53% | 0.03% | 0.50% |
| LIILennox International Inc | 0.49% | 0.02% | 0.47% |
| GNRCGenerac Holdings, Inc. | 0.47% | 0.02% | 0.45% |
| FLEX:SIFlex Ltd | 0.41% | 0.07% | 0.34% |
| NDSNNordson Corp | 0.44% | 0.02% | 0.42% |
| DECKDeckers Outdoor Corp | 0.38% | 0.02% | 0.36% |
| TPLTexas Pacific Land Trust | 0.35% | 0.04% | 0.31% |
| UDRUdr Inc. | 0.36% | 0.02% | 0.34% |
You are not choosing between two funds in isolation.
Whichever of VBK and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VBK or VOO?
VBK has an expense ratio of 0.05% while VOO charges 0.03%. VOO is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, VBK or VOO?
Over the past year VBK returned +13.31% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VBK annualized +11.35% vs +13.38% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VBK or VOO?
VBK has been the more volatile fund at 18.7% annualized versus 14.1% for VOO. Worst drawdown: VBK -38.8% vs VOO -34.3%.
Should I hold both VBK and VOO?
VBK and VOO have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VBK and VOO?
9.6% of VBK's money is in holdings VOO also owns. 0.8% of VOO's is in holdings VBK also owns. They hold 30 positions in common, counted across the 542 positions we hold weights for in VBK and 494 in VOO.
Which pays a higher dividend, VBK or VOO?
VBK yields 0.44% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than VBK?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VBK is less concentrated, with 9.1% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.