VOO vs VOOV
VOO vs VOOV
Vanguard S&P 500 ETF vs Vanguard S&P 500 Value ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | VOO | VOOV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.07% | |
| AUM | $979.0B | $6.5B | |
| Dividend Yield | 1.09% | 2.16% | |
| Holdings | 509 | 451 | |
| YTD Return | +13.53% | +11.59% | |
| 1Y Return | +23.65% | +22.08% | |
| 3Y Return (annualized) | +21.27% | +14.75% | |
| 5Y Return (annualized) | +13.52% | +11.94% | |
| Volatility (annualized) | 14.1% | 14.3% | |
| Max Drawdown | -34.3% | -37.7% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Sep 7, 2010 |
VOO vs VOOV Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Vanguard S&P 500 Value ETF (VOOV) is a ETF from Vanguard (US). Over the past year VOO returned +23.65% while VOOV returned +22.08%. Year to date, VOO is up 13.53% versus a gain of 11.59% for VOOV.
Over three years, VOO compounded at +21.27% per year against +14.75% for VOOV; over five years the annualized figures are +13.52% and +11.94% respectively. Across the full 16-year window we track, VOO has the edge at +13.57% annualized vs +10.65%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 14.1% for VOO. 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 -34.3% for VOO and -37.7% for VOOV. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VOO charges 0.03% per year while VOOV charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 2.16% for VOOV.
Holdings Overlap
VOO and VOOV share 433 holdings out of 509 unique holdings combined, representing a 58.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in VOO | Weight in VOOV | Difference |
|---|---|---|---|
| AAPL | 6.59% | 7.32% | 0.73% |
| AMZN | 3.62% | 3.78% | 0.16% |
| TSLA | 1.84% | 1.55% | 0.29% |
| INTC | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
See all 10 holdings VOO shares with VOOV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, VOO or VOOV?
VOO has an expense ratio of 0.03% while VOOV charges 0.07%. VOO is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, VOO or VOOV?
Over the past year VOO returned +23.65% vs +22.08% for VOOV, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.57% vs +10.65% for VOOV. Past performance does not guarantee future results.
Which is riskier, VOO or VOOV?
VOOV has been the more volatile fund at 14.3% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs VOOV -37.7%.
Should I hold both VOO and VOOV?
VOO and VOOV have a monthly-return correlation of 0.93, 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 VOO and VOOV?
VOO and VOOV share 433 common holdings with a 58.4% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, VOO or VOOV?
VOO yields 1.09% while VOOV yields 2.16%, so VOOV currently pays the higher dividend yield.
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