VONV vs VTI
Vanguard Russell 1000 Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, VONV or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VONV led over 1Y, VTI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. VONV is less concentrated, with 28.8% of the fund in its ten largest positions against 33.3%.
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 | VONV | VTI |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $22.2B | $690.1B |
| Dividend Yield | 1.53% | 1.03% |
| Holdings | 875 | 3,524 |
| YTD Return | +18.86%Best | +13.35% |
| 1Y Return | +24.27%Best | +15.92% |
| 3Y Return (annualized) | +21.12% | +23.41%Best |
| 5Y Return (annualized) | +11.82% | +12.83%Best |
| Volatility (annualized) | 14.4%Best | 14.5% |
| Max Drawdown | -38.2% | -35.0%Best |
| $10,000 over 5 years | $17,482 | $18,286Best |
| Top 10 Weight | 28.8%Best | 33.3% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 20, 2010 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Oct 2, 2026 (16 years).
VONV vs VTI 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.
VONV vs VTI Performance
Vanguard Russell 1000 Value ETF (VONV) is an ETF from Vanguard (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year VONV returned +24.27% while VTI returned +15.92%. Year to date, VONV is up 18.86% versus a gain of 13.35% for VTI.
Over three years, VONV compounded at +21.12% per year against +23.41% for VTI; over five years the annualized figures are +11.82% and +12.83% respectively. Across the full 16-year window we track, VTI has the edge at +12.95% annualized vs +10.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 14.4% for VONV. 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 -38.2% for VONV and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VONV charges 0.06% per year while VTI charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, VONV currently yields 1.53% against 1.03% for VTI.
Holdings Overlap
97.0% of VONV's money is in holdings VTI also owns. 61.3% of VTI's money is in holdings VONV also owns.
Most of VONV is already inside VTI. Owning both mostly buys the same companies twice.
725 positions in common, counted across the 753 positions we hold weights for in VONV and 3,463 in VTI, against full books of 875 and 3,524.
What only one of them owns
Our book lists 474 positions for VTI that do not appear in our book for VONV (36.5% of the fund), and 10 for VONV that do not appear in VTI (0.2%).
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 VONV | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.53% | 6.29% | 0.76% |
| AMZNAmazon.Com Inc | 6.53% | 3.65% | 2.88% |
| MSFTMicrosoft Corp | 4.67% | 4.79% | 0.12% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.58% | 1.28% | 1.30% |
| JPMJpmorgan Chase | 2.54% | 1.31% | 1.23% |
| XOMExxon Mobil Corp. | 1.75% | 0.89% | 0.86% |
| JNJJohnson & Johnson - Common | 1.67% | 0.86% | 0.81% |
| METAMeta Platforms Inc | 0.60% | 1.70% | 1.10% |
| WMTWalmart, Inc. | 1.21% | 0.68% | 0.53% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.24% | 0.57% | 0.67% |
97.0% of VONV is already inside VTI.
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, VONV or VTI?
VONV has an expense ratio of 0.06% while VTI charges 0.03%. VTI is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, VONV or VTI?
Over the past year VONV returned +24.27% vs +15.92% for VTI, so VONV leads on 1-year performance. Over the longest common window we track (16 years), VONV annualized +10.27% vs +12.95% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VONV or VTI?
VTI has been the more volatile fund at 14.5% annualized versus 14.4% for VONV. Worst drawdown: VONV -38.2% vs VTI -35.0%.
Should I hold both VONV and VTI?
VONV and VTI have a monthly-return correlation of 0.94, 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 VONV and VTI?
97.0% of VONV's money is in holdings VTI also owns. 61.3% of VTI's is in holdings VONV also owns. They hold 725 positions in common, counted across the 753 positions we hold weights for in VONV and 3,463 in VTI.
Which pays a higher dividend, VONV or VTI?
VONV yields 1.53% while VTI yields 1.03%, so VONV currently pays the higher dividend yield.
Is VTI better than VONV?
VTI has a lower expense ratio. VONV led over 1Y, VTI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. VONV is less concentrated, with 28.8% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.