VGLT vs VOO

Quick Verdict

VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: TiedHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricVGLTVOOWinner
Expense Ratio0.03%0.03%
AUM$10.5B$979.0B
Dividend Yield4.51%1.09%
Holdings100509
YTD Return-2.35%+13.53%
1Y Return-1.20%+23.65%
3Y Return (annualized)+0.36%+21.27%
5Y Return (annualized)-7.14%+13.52%
Volatility (annualized)12.4%14.1%
Max Drawdown-47.1%-34.3%
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeEquity
InceptionNov 19, 2009Sep 7, 2010

VGLT vs VOO Performance

Vanguard Long Term Treasury ETF (VGLT) is a ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VGLT returned -1.20% while VOO returned +23.65%. Year to date, VGLT is down 2.35% versus a gain of 13.53% for VOO.

Over three years, VGLT compounded at +0.36% per year against +21.27% for VOO; over five years the annualized figures are -7.14% and +13.52% respectively. Across the full 16-year window we track, VOO has the edge at +13.57% annualized vs +0.35%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.4% for VGLT. 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 -47.1% for VGLT and -34.3% for VOO. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

VGLT charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VGLT currently yields 4.51% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

VGLT and VOO share 0 holdings out of 598 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, VGLT or VOO?

VGLT has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, VGLT or VOO?

Over the past year VGLT returned -1.20% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VGLT annualized +0.35% vs +13.57% for VOO. Past performance does not guarantee future results.

Which is riskier, VGLT or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.4% for VGLT. Worst drawdown: VGLT -47.1% vs VOO -34.3%.

Should I hold both VGLT and VOO?

VGLT and VOO have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VGLT and VOO?

VGLT and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 598 unique securities.

Which pays a higher dividend, VGLT or VOO?

VGLT yields 4.51% while VOO yields 1.09%, so VGLT currently pays the higher dividend yield.

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