What is the expense ratio of VO vs VOO?

VO has an expense ratio of 0.03%, while VOO has an expense ratio of 0.03%.

VO vs VOO

Vanguard Mid-Cap Index Fund ETF Shares vs Vanguard S&P 500 ETF

Last updated: 2026-04-02

VO Vanguard

Vanguard Mid-Cap Index Fund ETF Shares (VO) is an exchange-traded fund issued by Vanguard that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.50%. Launched in 2004, the fund has a 22-year track record.

AUM: $90.7B ER: 0.03% Yield: 1.50% Since: Jan 26, 2004

VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.18%. Launched in 2010, the fund has a 16-year track record.

AUM: $792.0B ER: 0.03% Yield: 1.18% Since: Sep 7, 2010

Quick Verdict

Over the past year, VOO has significantly outperformed with a 16.8% return vs 11.4%.

Key Metrics

Metric	VO	VOO
Expense Ratio	0.03%	0.03%
Dividend Yield	1.5%	1.2%
Fund Family	Vanguard	Vanguard
Category	US Mid Cap	US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

VO +27.8%

VOO +61.3%

Performance Comparison

Period	VO	VOO	Difference
1 Month	-5.54%	-4.59%	-0.95%
3 Months	-1.24%	-4.14%	+2.90%
6 Months	-2.10%	-2.11%	+0.01%
YTD	-1.24%	-4.14%	+2.90%
1 Year	+11.38%	+16.77%	-5.39%
3 Years	+37.24%	+59.52%	-22.28%
5 Years	+27.84%	+61.27%	-33.43%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	VO Fees	VOO Fees	You Save
$10.000	10 years	$60	$60	$0
$10.000	20 years	$258	$258	$0
$10.000	30 years	$835	$835	$0
$50.000	10 years	$299	$299	$0
$50.000	30 years	$4.176	$4.176	$0
$100.000	30 years	$8.352	$8.352	$0

Risk Metrics

Based on 5 years of daily returns

Metric	VO	VOO
Annualized Volatility	17.6%	16.8%
Max Drawdown	-28.6%	-25.4%
Sharpe Ratio	0.11	0.39

Dividend Comparison

Metric	VO	VOO
Annual Dividend (per share)	$4.33	$7.13
Dividend Yield	1.50%	1.18%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

VO Top Holdings

Name	Weight
Newmont CorporationNEM	1.46%
Corning IncorporatedGLW	1.20%
Howmet Aerospace Inc.HWM	1.09%
Constellation Energy CorporationCEG	1.06%
Vertiv Holdings CoVRT	0.99%
Western Digital CorporationWDC	0.99%
Seagate Technology Holdings plcSTX	0.90%
Quanta Services, Inc.PWR	0.87%
Cummins Inc.CMI	0.83%
CRH plcCRH	0.83%

VOO Top Holdings

Name	Weight
NVIDIA CorporationNVDA	7.31%
Apple Inc.AAPL	6.63%
Microsoft CorporationMSFT	4.96%
Amazon.com, Inc.AMZN	3.47%
Broadcom Inc.AVGO	2.56%
Alphabet Inc.GOOG	2.46%
Meta Platforms, Inc.META	2.40%
Tesla, Inc.TSLA	1.92%
Berkshire Hathaway Inc.BRK.B	1.57%

Which One Should You Choose?

Choose VOO if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose VO if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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AGG vs VO AGG vs VOO BND vs VO BND vs VOO BNDX vs VO BNDX vs VOO EFA vs VO EFA vs VOO