VOOV vs VTV
Vanguard S&P 500 Value ETF vs Vanguard Morningstar Value ETF
Quick Verdict
VTV has a lower expense ratio. VTV delivered stronger 1-year returns. VOOV offers more diversification with 444 holdings.
Side-by-Side Comparison
| Metric | VOOV | VTV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $6.6B | $187.8B | |
| Dividend Yield | 1.66% | 1.85% | |
| Holdings | 444 | 311 | |
| YTD Return | +12.37% | +18.65% | |
| 1Y Return | +20.02% | +27.73% | |
| 3Y Return (annualized) | +16.64% | +19.75% | |
| 5Y Return (annualized) | +11.73% | +12.58% | |
| Volatility (annualized) | 14.3% | 14.5% | |
| Max Drawdown | -37.7% | -61.3% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Jan 26, 2004 |
VOOV vs VTV Performance
Vanguard S&P 500 Value ETF (VOOV) is a ETF from Vanguard (US) and Vanguard Morningstar Value ETF (VTV) is a ETF from Vanguard (US). Over the past year VOOV returned +20.02% while VTV returned +27.73%. Year to date, VOOV is up 12.37% versus a gain of 18.65% for VTV.
Over three years, VOOV compounded at +16.64% per year against +19.75% for VTV; over five years the annualized figures are +11.73% and +12.58% respectively. Across the full 16-year window we track, VOOV has the edge at +10.67% annualized vs +7.62%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTV has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 14.3% for VOOV. 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 -37.7% for VOOV and -61.3% for VTV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VOOV charges 0.07% per year while VTV charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, VOOV currently yields 1.66% against 1.85% for VTV.
Holdings Overlap
VOOV and VTV share 276 holdings out of 469 unique holdings combined, representing a 66.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, VOOV or VTV?
VOOV has an expense ratio of 0.07% while VTV charges 0.03%. VTV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, VOOV or VTV?
Over the past year VOOV returned +20.02% vs +27.73% for VTV, so VTV leads on 1-year performance. Over the longest common window we track (16 years), VOOV annualized +10.67% vs +7.62% for VTV. Past performance does not guarantee future results.
Which is riskier, VOOV or VTV?
VTV has been the more volatile fund at 14.5% annualized versus 14.3% for VOOV. Worst drawdown: VOOV -37.7% vs VTV -61.3%.
Should I hold both VOOV and VTV?
VOOV and VTV have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between VOOV and VTV?
VOOV and VTV share 276 common holdings with a 66.0% weight overlap. Combined, they hold 469 unique securities.
Which pays a higher dividend, VOOV or VTV?
VOOV yields 1.66% while VTV yields 1.85%, so VTV currently pays the higher dividend yield.
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