VFMV vs VOO
Vanguard US Minimum Volatility ETF vs Vanguard S&P 500 ETF
Which is better, VFMV or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VFMV is less concentrated, with 15.6% 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 | VFMV | VOO |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $437M | $997.4B |
| Dividend Yield | 1.75% | 1.08% |
| Holdings | 204 | 509 |
| YTD Return | +11.16% | +13.37%Best |
| 1Y Return | +11.05% | +20.08%Best |
| 3Y Return (annualized) | +15.04% | +21.29%Best |
| 5Y Return (annualized) | +9.00% | +12.89%Best |
| Volatility (annualized) | 13.2%Best | 16.4% |
| Max Drawdown | -33.6%Best | -34.3% |
| $10,000 over 5 years | $15,386 | $18,335Best |
| Top 10 Weight | 15.6%Best | 36.4% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2018 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Feb 15, 2018 to Sep 4, 2026 (8.6 years).
VFMV 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 8.6 years both funds cover.
VFMV vs VOO Performance
Vanguard US Minimum Volatility ETF (VFMV) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VFMV returned +11.05% while VOO returned +20.08%. Year to date, VFMV is up 11.16% versus a gain of 13.37% for VOO.
Over three years, VFMV compounded at +15.04% per year against +21.29% for VOO; over five years the annualized figures are +9.00% and +12.89% respectively. Across the full 9-year window we track, VOO has the edge at +13.93% annualized vs +9.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 13.2% for VFMV. 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 -33.6% for VFMV 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VFMV charges 0.13% per year while VOO charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, VFMV currently yields 1.75% against 1.08% for VOO.
Holdings Overlap
72.9% of VFMV's money is in holdings VOO also owns. 56.7% of VOO's money is in holdings VFMV also owns.
Most of VFMV is already inside VOO. Owning both mostly buys the same companies twice.
118 positions in common, counted across the 201 positions we hold weights for in VFMV and 504 in VOO, against full books of 204 and 509.
What only one of them owns
Our book lists 376 positions for VOO that do not appear in our book for VFMV (42.6% of the fund), and 82 for VFMV that do not appear in VOO (26.6%).
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 VFMV | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.37% | 7.51% | 6.14% |
| AAPLApple Inc Ord | 1.66% | 6.59% | 4.93% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.28% | 4.30% | 3.02% |
| GOOGAlphabet, Inc., Class C | 1.08% | 2.59% | 1.51% |
| AMZNAmazon.Com Inc | 0.05% | 3.62% | 3.57% |
| AVGOBroadcom Inc | 0.81% | 2.77% | 1.96% |
| GOOGL Alphabet Inc. Class A | 0.09% | 3.25% | 3.16% |
| METAMeta Platform Inc | 1.08% | 1.92% | 0.84% |
| BRK.BBerkshire Hathaway, Inc., Class B | 1.36% | 1.42% | 0.06% |
| JNJJohnson & Johnson - Common | 1.71% | 0.95% | 0.76% |
72.9% of VFMV 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, VFMV or VOO?
VFMV has an expense ratio of 0.13% while VOO charges 0.03%. VOO is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, VFMV or VOO?
Over the past year VFMV returned +11.05% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), VFMV annualized +9.76% vs +13.93% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VFMV or VOO?
VOO has been the more volatile fund at 16.4% annualized versus 13.2% for VFMV. Worst drawdown: VFMV -33.6% vs VOO -34.3%.
Should I hold both VFMV and VOO?
VFMV and VOO have a monthly-return correlation of 0.88, 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 VFMV and VOO?
72.9% of VFMV's money is in holdings VOO also owns. 56.7% of VOO's is in holdings VFMV also owns. They hold 118 positions in common, counted across the 201 positions we hold weights for in VFMV and 504 in VOO.
Which pays a higher dividend, VFMV or VOO?
VFMV yields 1.75% while VOO yields 1.08%, so VFMV currently pays the higher dividend yield.
Is VOO better than VFMV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VFMV is less concentrated, with 15.6% 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.