VIOV vs VTI

Quick Verdict

VTI has a lower expense ratio. VIOV delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VIOVMore Diversified: VTI

Side-by-Side Comparison

MetricVIOVVTIWinner
Expense Ratio0.10%0.03%
AUM$1.9B$663.5B
Dividend Yield2.12%1.07%
Holdings4643,543
YTD Return+22.27%+14.20%
1Y Return+39.73%+24.16%
3Y Return (annualized)+14.08%+21.12%
5Y Return (annualized)+8.63%+12.37%
Volatility (annualized)20.1%15.3%
Max Drawdown-48.9%-56.6%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionSep 7, 2010May 24, 2001

VIOV vs VTI Performance

Vanguard S&P Small Cap 600 Value ETF (VIOV) is a ETF from Vanguard (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year VIOV returned +39.73% while VTI returned +24.16%. Year to date, VIOV is up 22.27% versus a gain of 14.20% for VTI.

Over three years, VIOV compounded at +14.08% per year against +21.12% for VTI; over five years the annualized figures are +8.63% and +12.37% respectively. Across the full 16-year window we track, VIOV has the edge at +11.05% annualized vs +8.14%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VIOV has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 15.3% for VTI. 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 -48.9% for VIOV and -56.6% for VTI. 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VIOV charges 0.10% per year while VTI charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, VIOV currently yields 2.12% against 1.07% for VTI.

Holdings Overlap

0.1%overlap

VIOV and VTI share 354 holdings out of 2890 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VIOVWeight in VTIDifference
MOH1.28%0.02%1.26%
MTCH0.95%0.01%0.94%
EMN0.82%0.01%0.81%
LKQProProPro
VSCOProProPro
UCTTProProPro
MHKProProPro
MXLProProPro
CZRProProPro
AUBProProPro
See all 10 holdings VIOV shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VIOV or VTI?

VIOV has an expense ratio of 0.10% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $7 per year of difference.

Which performed better, VIOV or VTI?

Over the past year VIOV returned +39.73% vs +24.16% for VTI, so VIOV leads on 1-year performance. Over the longest common window we track (16 years), VIOV annualized +11.05% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, VIOV or VTI?

VIOV has been the more volatile fund at 20.1% annualized versus 15.3% for VTI. Worst drawdown: VIOV -48.9% vs VTI -56.6%.

Should I hold both VIOV and VTI?

VIOV and VTI have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VIOV and VTI?

VIOV and VTI share 354 common holdings with a 0.1% weight overlap. Combined, they hold 2890 unique securities.

Which pays a higher dividend, VIOV or VTI?

VIOV yields 2.12% while VTI yields 1.07%, so VIOV currently pays the higher dividend yield.

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