VTV vs VXF
Vanguard Morningstar Value ETF vs Vanguard Extended Market ETF
Quick Verdict
VTV has a lower expense ratio. VTV delivered stronger 1-year returns. VXF offers more diversification with 3,376 holdings.
Side-by-Side Comparison
| Metric | VTV | VXF | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.05% | |
| AUM | $187.8B | $30.5B | |
| Dividend Yield | 1.85% | 1.03% | |
| Holdings | 311 | 3,376 | |
| YTD Return | +18.02% | +15.71% | |
| 1Y Return | +26.57% | +23.93% | |
| 3Y Return (annualized) | +19.29% | +19.90% | |
| 5Y Return (annualized) | +12.56% | +7.18% | |
| Volatility (annualized) | 14.5% | 18.7% | |
| Max Drawdown | -61.3% | -59.4% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 26, 2004 | Dec 27, 2001 |
VTV vs VXF Performance
Vanguard Morningstar Value ETF (VTV) is a ETF from Vanguard (US) and Vanguard Extended Market ETF (VXF) is a ETF from Vanguard (US). Over the past year VTV returned +26.57% while VXF returned +23.93%. Year to date, VTV is up 18.02% versus a gain of 15.71% for VXF.
Over three years, VTV compounded at +19.29% per year against +19.90% for VXF; over five years the annualized figures are +12.56% and +7.18% respectively. Across the full 23-year window we track, VXF has the edge at +9.01% annualized vs +7.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXF has been the more volatile fund, with annualized monthly volatility of 18.7% 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 -59.4% for VXF. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VTV charges 0.03% per year while VXF charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, VTV currently yields 1.85% against 1.03% for VXF.
Holdings Overlap
VTV and VXF share 10 holdings out of 3592 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, VTV or VXF?
VTV has an expense ratio of 0.03% while VXF charges 0.05%. VTV is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, VTV or VXF?
Over the past year VTV returned +26.57% vs +23.93% for VXF, so VTV leads on 1-year performance. Over the longest common window we track (23 years), VTV annualized +7.59% vs +9.01% for VXF. Past performance does not guarantee future results.
Which is riskier, VTV or VXF?
VXF has been the more volatile fund at 18.7% annualized versus 14.5% for VTV. Worst drawdown: VTV -61.3% vs VXF -59.4%.
Should I hold both VTV and VXF?
VTV and VXF have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VTV and VXF?
VTV and VXF share 10 common holdings with a 0.9% weight overlap. Combined, they hold 3592 unique securities.
Which pays a higher dividend, VTV or VXF?
VTV yields 1.85% while VXF yields 1.03%, so VTV currently pays the higher dividend yield.
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