VOOV vs VTV
Vanguard S&P 500 Value ETF vs Vanguard Morningstar Value ETF
Which is better, VOOV or VTV?
Nearly the same fund. VTV costs less.
VTV has a lower expense ratio. VTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. VTV is less concentrated, with 23.6% of the fund in its ten largest positions against 23.8%.
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 | VOOV | VTV |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $6.8B | $187.8B |
| Dividend Yield | 1.66% | 1.82% |
| Holdings | 444 | 311 |
| YTD Return | +11.48% | +17.38%Best |
| 1Y Return | +17.11% | +22.89%Best |
| 3Y Return (annualized) | +15.63% | +18.82%Best |
| 5Y Return (annualized) | +11.70% | +12.57%Best |
| Volatility (annualized) | 14.3% | 13.7%Best |
| Max Drawdown | -37.7% | -36.8%Best |
| $10,000 over 5 years | $17,389 | $18,076Best |
| Top 10 Weight | 23.8% | 23.6%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 7, 2010 | Jan 26, 2004 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 11, 2026 (16 years).
VOOV vs VTV 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.
VOOV vs VTV Performance
Vanguard S&P 500 Value ETF (VOOV) is an ETF from Vanguard (US) and Vanguard Morningstar Value ETF (VTV) is an ETF from Vanguard (US). Over the past year VOOV returned +17.11% while VTV returned +22.89%. Year to date, VOOV is up 11.48% versus a gain of 17.38% for VTV.
Over three years, VOOV compounded at +15.63% per year against +18.82% for VTV; over five years the annualized figures are +11.70% and +12.57% respectively. Across the full 16-year window we track, VTV has the edge at +11.01% annualized vs +10.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 13.7% for VTV. 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 -36.8% for VTV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.82% for VTV.
Holdings Overlap
69.0% of VOOV's money is in holdings VTV also owns. 84.4% of VTV's money is in holdings VOOV also owns.
Most of VTV is already inside VOOV. Owning both mostly buys the same companies twice.
276 positions in common, counted across the 437 positions we hold weights for in VOOV and 308 in VTV, against full books of 444 and 311.
What only one of them owns
Our book lists 26 positions for VTV that do not appear in our book for VOOV (13.5% of the fund), and 157 for VOOV that do not appear in VTV (30.0%).
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 VOOV | Weight in VTV | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.95% | 2.12% | 0.17% |
| JPMJpmorgan Chase & Co. | 0.90% | 3.06% | 2.16% |
| WMTWalmart, Inc. | 1.71% | 1.86% | 0.15% |
| INTCIntel Corp. | 2.27% | 1.05% | 1.22% |
| JNJJohnson & Johnson | 0.86% | 2.29% | 1.43% |
| UNHUnitedhealth Group Inc. | 1.30% | 1.41% | 0.11% |
| BACBank Of America Corp. | 1.28% | 1.36% | 0.08% |
| HDHome Depot Inc/The | 1.21% | 1.32% | 0.11% |
| ABBVAbbvie Inc. | 0.83% | 1.66% | 0.83% |
| PGProcter & Gamble Company | 1.18% | 1.28% | 0.10% |
84.4% of VTV is already inside VOOV.
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, VOOV or VTV?
VOOV has an expense ratio of 0.07% while VTV charges 0.03%. VTV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, VOOV or VTV?
Over the past year VOOV returned +17.11% vs +22.89% for VTV, so VTV leads on 1-year performance. Over the longest common window we track (16 years), VOOV annualized +10.57% vs +11.01% for VTV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOOV or VTV?
VOOV has been the more volatile fund at 14.3% annualized versus 13.7% for VTV. Worst drawdown: VOOV -37.7% vs VTV -36.8%.
Should I hold both VOOV and VTV?
VOOV and VTV have a monthly-return correlation of 0.98, 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 VOOV and VTV?
84.4% of VTV's money is in holdings VOOV also owns. 84.4% of VTV's is in holdings VOOV also owns. They hold 276 positions in common, counted across the 437 positions we hold weights for in VOOV and 308 in VTV.
Which pays a higher dividend, VOOV or VTV?
VOOV yields 1.66% while VTV yields 1.82%, so VTV currently pays the higher dividend yield.
Is VTV better than VOOV?
VTV has a lower expense ratio. VTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. VTV is less concentrated, with 23.6% of the fund in its ten largest positions against 23.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.