ETF Versus

VOO vs VTV

Vanguard S&P 500 ETF vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

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
VTV Vanguard

Vanguard Value Index Fund ETF Shares (VTV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 2.02%. Launched in 2004, the fund has a 22-year track record.

AUM: $162.0B ER: 0.03% Yield: 2.02% Since: Jan 26, 2004

Quick Verdict

VOO has edged ahead over the past year (16.8% vs 14.1%). Income investors may prefer VTV for its higher yield (2.0% vs 1.2%).

Key Metrics

Metric VOO VTV
Expense Ratio 0.03% 0.03%
Dividend Yield 1.2% 2.0%
Fund Family Vanguard Vanguard
Category US Large Cap Blend US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 103 121 139 157 175 2021-04 2022-06 2023-09 2024-12 2026-04
VOO +61.3%
VTV +47.7%

Performance Comparison

Period VOO VTV Difference
1 Month -4.59% -4.90% +0.31%
3 Months -4.14% +2.00% -6.14%
6 Months -2.11% +4.87% -6.98%
YTD -4.14% +2.00% -6.14%
1 Year +16.77% +14.12% +2.65%
3 Years +59.52% +41.26% +18.26%
5 Years +61.27% +47.66% +13.61%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VOO Fees VTV 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 VOO VTV
Annualized Volatility 16.8% 13.9%
Max Drawdown -25.4% -18.1%
Sharpe Ratio 0.39 0.31

Dividend Comparison

Metric VOO VTV
Annual Dividend (per share) $7.13 $3.97
Dividend Yield 1.18% 2.02%
Distribution Frequency Quarterly Quarterly

Top Holdings

1 of top 9 holdings overlap (11% overlap in top holdings)

VOO Top Holdings

NameWeight
NVIDIA CorporationNVDA7.31%
Apple Inc.AAPL6.63%
Microsoft CorporationMSFT4.96%
Amazon.com, Inc.AMZN3.47%
Broadcom Inc.AVGO2.56%
Alphabet Inc.GOOG2.46%
Meta Platforms, Inc.META2.40%
Tesla, Inc.TSLA1.92%
Berkshire Hathaway Inc.BRK.B1.57%

VTV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.07%
JPMorgan Chase & Co.JPM2.98%
Exxon Mobil CorporationXOM2.50%
Johnson & JohnsonJNJ2.33%
Walmart Inc.WMT2.18%
Micron Technology, Inc.MU1.81%
AbbVie Inc.ABBV1.60%
The Procter & Gamble CompanyPG1.52%
The Home Depot, Inc.HD1.47%
Chevron CorporationCVX1.39%

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 VTV if...

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

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