VIG vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricVIGVOOWinner
Expense Ratio0.04%0.03%
AUM$110.2B$979.0B
Dividend Yield1.79%1.09%
Holdings335509
YTD Return+9.31%+9.95%
1Y Return+17.96%+19.58%
3Y Return (annualized)+14.93%+19.43%
5Y Return (annualized)+10.51%+12.89%
Volatility (annualized)13.3%14.2%
Max Drawdown-48.2%-34.3%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionApr 21, 2006Sep 7, 2010

VIG vs VOO Performance

Vanguard Dividend Appreciation ETF (VIG) is a ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VIG returned +17.96% while VOO returned +19.58%. Year to date, VIG is up 9.31% versus a gain of 9.95% for VOO.

Over three years, VIG compounded at +14.93% per year against +19.43% for VOO; over five years the annualized figures are +10.51% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +8.56%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.3% for VIG. 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 -48.2% for VIG 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

VIG charges 0.04% per year while VOO charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, VIG currently yields 1.79% against 1.09% for VOO.

Holdings Overlap

39.8%overlap

VIG and VOO share 167 holdings out of 669 unique holdings combined, representing a 39.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VIGWeight in VOODifference
AAPL4.22%6.59%2.37%
MSFT3.53%4.30%0.77%
AVGO4.55%2.77%1.78%
LLYProProPro
JPMProProPro
JNJProProPro
XOMProProPro
LRCXProProPro
VProProPro
WMTProProPro
See all 10 holdings VIG shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VIG or VOO?

VIG has an expense ratio of 0.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.

Which performed better, VIG or VOO?

Over the past year VIG returned +17.96% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VIG annualized +8.56% vs +13.35% for VOO. Past performance does not guarantee future results.

Which is riskier, VIG or VOO?

VOO has been the more volatile fund at 14.2% annualized versus 13.3% for VIG. Worst drawdown: VIG -48.2% vs VOO -34.3%.

Should I hold both VIG and VOO?

VIG and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between VIG and VOO?

VIG and VOO share 167 common holdings with a 39.8% weight overlap. Combined, they hold 669 unique securities.

Which pays a higher dividend, VIG or VOO?

VIG yields 1.79% while VOO yields 1.09%, so VIG currently pays the higher dividend yield.

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