VDE vs VOO
Vanguard Energy ETF vs Vanguard S&P 500 ETF
Which is better, VDE or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VDE led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 65.1%.
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 | VDE | VOO |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $12.4B | $997.4B |
| Dividend Yield | 2.24% | 1.04% |
| Holdings | 114 | 509 |
| YTD Return | +46.07%Best | +11.48% |
| 1Y Return | +53.64%Best | +15.94% |
| 3Y Return (annualized) | +16.23% | +21.01%Best |
| 5Y Return (annualized) | +25.49%Best | +12.66% |
| Volatility (annualized) | 27.3% | 14.1%Best |
| Max Drawdown | -78.5% | -34.3%Best |
| $10,000 over 5 years | $31,120Best | $18,149 |
| Top 10 Weight | 65.1% | 37.6%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 23, 2004 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 15, 2026 (16 years).
VDE 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.
VDE vs VOO Performance
Vanguard Energy ETF (VDE) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VDE returned +53.64% while VOO returned +15.94%. Year to date, VDE is up 46.07% versus a gain of 11.48% for VOO.
Over three years, VDE compounded at +16.23% per year against +21.01% for VOO; over five years the annualized figures are +25.49% and +12.66% respectively. Across the full 16-year window we track, VOO has the edge at +13.34% annualized vs +6.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VDE has been the more volatile fund, with annualized monthly volatility of 27.3% 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 -78.5% for VDE 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VDE charges 0.09% per year while VOO charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, VDE currently yields 2.24% against 1.04% for VOO.
Holdings Overlap
82.0% of VDE's money is in holdings VOO also owns. 3.4% of VOO's money is in holdings VDE also owns.
Most of VDE is already inside VOO. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 112 positions we hold weights for in VDE and 494 in VOO, against full books of 114 and 509.
What only one of them owns
Our book lists 465 positions for VOO that do not appear in our book for VDE (95.8% of the fund), and 79 for VDE that do not appear in VOO (15.9%).
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 VDE | Weight in VOO | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 22.03% | 1.00% | 21.03% |
| CVXChevron Corp | 14.36% | 0.57% | 13.79% |
| COPConocophillips Common Stock USD 0.01 | 5.83% | 0.23% | 5.60% |
| VLOValero Energy | 3.76% | 0.14% | 3.62% |
| MPCMarathon Petroleum Corp | 3.75% | 0.14% | 3.61% |
| WMBWilliams Cos. Inc. | 3.42% | 0.14% | 3.28% |
| PSXPhillips 66 | 3.36% | 0.13% | 3.23% |
| EOGEog Resources Inc | 3.19% | 0.12% | 3.07% |
| SLBSchlumberger Nv. | 2.97% | 0.12% | 2.85% |
| KMIKinder Morgan Inc./de | 2.46% | 0.10% | 2.36% |
82.0% of VDE 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, VDE or VOO?
VDE has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, VDE or VOO?
Over the past year VDE returned +53.64% vs +15.94% for VOO, so VDE leads on 1-year performance. Over the longest common window we track (16 years), VDE annualized +6.76% vs +13.34% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VDE or VOO?
VDE has been the more volatile fund at 27.3% annualized versus 14.1% for VOO. Worst drawdown: VDE -78.5% vs VOO -34.3%.
Should I hold both VDE and VOO?
VDE and VOO have a monthly-return correlation of 0.59, 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 VDE and VOO?
82.0% of VDE's money is in holdings VOO also owns. 3.4% of VOO's is in holdings VDE also owns. They hold 22 positions in common, counted across the 112 positions we hold weights for in VDE and 494 in VOO.
Which pays a higher dividend, VDE or VOO?
VDE yields 2.24% while VOO yields 1.04%, so VDE currently pays the higher dividend yield.
Is VOO better than VDE?
VOO has a lower expense ratio. VDE led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 65.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.