VTV vs VUG
Vanguard Morningstar Value ETF vs Vanguard Morningstar Growth ETF
Which is better, VTV or VUG?
Large Cap Value against Large Cap Growth.
VTV led over 1Y, VUG over 3Y, 5Y and the full window. VTV is less concentrated, with 22.5% of the fund in its ten largest positions against 63.6%.
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 | VTV | VUG |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $187.8B | $219.5B |
| Dividend Yield | 1.82% | 0.38% |
| Holdings | 311 | 146 |
| YTD Return | +16.32%Best | +12.57% |
| 1Y Return | +21.94%Best | +13.30% |
| 3Y Return (annualized) | +19.16% | +26.66%Best |
| 5Y Return (annualized) | +13.02% | +13.51%Best |
| Volatility (annualized) | 14.5%Best | 16.5% |
| Max Drawdown | -61.3% | -51.4%Best |
| $10,000 over 5 years | $18,441 | $18,844Best |
| Top 10 Weight | 22.5%Best | 63.6% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jan 26, 2004 | Jan 26, 2004 |
Volatility and max drawdown are measured over the window both funds cover: Jan 30, 2004 to Sep 21, 2026 (22.6 years).
VTV vs VUG 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 22.6 years both funds cover.
VTV vs VUG Performance
Vanguard Morningstar Value ETF (VTV) is an ETF from Vanguard (US) and Vanguard Morningstar Growth ETF (VUG) is an ETF from Vanguard (US). Over the past year VTV returned +21.94% while VUG returned +13.30%. Year to date, VTV is up 16.32% versus a gain of 12.57% for VUG.
Over three years, VTV compounded at +19.16% per year against +26.66% for VUG; over five years the annualized figures are +13.02% and +13.51% respectively. Across the full 23-year window we track, VUG has the edge at +11.33% annualized vs +7.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VUG has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.5% 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 -61.3% for VTV and -51.4% for VUG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VTV charges 0.03% per year while VUG charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VTV currently yields 1.82% against 0.38% for VUG.
Holdings Overlap
5.3% of VTV's money is in holdings VUG also owns. 3.6% of VUG's money is in holdings VTV also owns.
VTV and VUG share little of their money.
23 positions in common, counted across the 299 positions we hold weights for in VTV and 147 in VUG, against full books of 311 and 146.
What only one of them owns
Our book lists 123 positions for VUG that do not appear in our book for VTV (96.2% of the fund), and 268 for VTV that do not appear in VUG (91.7%).
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 VTV | Weight in VUG | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 0.70% | 0.54% | 0.16% |
| INTCIntel Corporation | 0.67% | 0.52% | 0.15% |
| RTXRaytheon Co. | 1.08% | 0.03% | 1.05% |
| TXNTexas Instrument Inc | 0.47% | 0.36% | 0.11% |
| UBERUber Technologies Inc | 0.27% | 0.22% | 0.05% |
| SYKStryker Corp 3.375 11/25 | 0.21% | 0.17% | 0.04% |
| CURVVanguard Market Liquidity Fund | 0.22% | 0.15% | 0.07% |
| GLWCorning Inc. | 0.20% | 0.16% | 0.04% |
| ADBEAdobe Systems | 0.19% | 0.16% | 0.03% |
| BXBlackstone Group Inc. Class A | 0.18% | 0.15% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of VTV and VUG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VTV or VUG?
VTV has an expense ratio of 0.03% while VUG charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, VTV or VUG?
Over the past year VTV returned +21.94% vs +13.30% for VUG, so VTV leads on 1-year performance. Over the longest common window we track (23 years), VTV annualized +7.49% vs +11.33% for VUG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VTV or VUG?
VUG has been the more volatile fund at 16.5% annualized versus 14.5% for VTV. Worst drawdown: VTV -61.3% vs VUG -51.4%.
Should I hold both VTV and VUG?
VTV and VUG have a monthly-return correlation of 0.80, 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 VTV and VUG?
5.3% of VTV's money is in holdings VUG also owns. 3.6% of VUG's is in holdings VTV also owns. They hold 23 positions in common, counted across the 299 positions we hold weights for in VTV and 147 in VUG.
Which pays a higher dividend, VTV or VUG?
VTV yields 1.82% while VUG yields 0.38%, so VTV currently pays the higher dividend yield.
Is VUG better than VTV?
VTV led over 1Y, VUG over 3Y, 5Y and the full window. VTV is less concentrated, with 22.5% of the fund in its ten largest positions against 63.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.