VOO vs VTSAX

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VTSAX offers more diversification with 2728 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VTSAX

Side-by-Side Comparison

MetricVOOVTSAXWinner
Expense Ratio0.03%0.04%
AUM$979.0B$489.0B
Dividend Yield1.09%1.04%
Holdings5093,543
YTD Return+11.51%+9.48%
1Y Return+21.46%+18.42%
3Y Return (annualized)+20.86%+17.39%
5Y Return (annualized)+13.01%+10.20%
Volatility (annualized)14.1%16.5%
Max Drawdown-34.3%-26.3%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionSep 7, 2010Nov 13, 2000

VOO vs VTSAX Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is a mutual fund from Vanguard (US). Over the past year VOO returned +21.46% while VTSAX returned +18.42%. Year to date, VOO is up 11.51% versus a gain of 9.48% for VTSAX.

Over three years, VOO compounded at +20.86% per year against +17.39% for VTSAX; over five years the annualized figures are +13.01% and +10.20% respectively. Across the full 5-year window we track, VOO has the edge at +13.44% annualized vs +10.20%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTSAX has been the more volatile fund, with annualized monthly volatility of 16.5% 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 -26.3% for VTSAX. 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 0.99. 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 VTSAX charges 0.04%. On a $10,000 position that is $3 vs $4 annually, a gap of $1 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 1.04% for VTSAX.

Holdings Overlap

86.6%overlap

VOO and VTSAX share 466 holdings out of 2767 unique holdings combined, representing a 86.6% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in VOOWeight in VTSAXDifference
NVDA7.51%6.32%1.19%
AAPL6.59%5.84%0.75%
MSFT4.30%3.81%0.49%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
MUProProPro
METAProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, VOO or VTSAX?

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

Which performed better, VOO or VTSAX?

Over the past year VOO returned +21.46% vs +18.42% for VTSAX, so VOO leads on 1-year performance. Over the longest common window we track (5 years), VOO annualized +13.44% vs +10.20% for VTSAX. Past performance does not guarantee future results.

Which is riskier, VOO or VTSAX?

VTSAX has been the more volatile fund at 16.5% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs VTSAX -26.3%.

Should I hold both VOO and VTSAX?

VOO and VTSAX have a monthly-return correlation of 0.99, 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 VTSAX?

VOO and VTSAX share 466 common holdings with a 86.6% weight overlap. Combined, they hold 2767 unique securities.

Which pays a higher dividend, VOO or VTSAX?

VOO yields 1.09% while VTSAX yields 1.04%, so VOO currently pays the higher dividend yield.

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