VOO vs VV

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

MetricVOOVVWinner
Expense Ratio0.03%0.03%
AUM$979.0B$52.5B
Dividend Yield1.09%1.25%
Holdings509446
YTD Return+9.95%+9.65%
1Y Return+19.58%+18.97%
3Y Return (annualized)+19.43%+19.55%
5Y Return (annualized)+12.89%+12.43%
Volatility (annualized)14.2%14.8%
Max Drawdown-34.3%-56.0%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionSep 7, 2010Jan 27, 2004

VOO vs VV Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Vanguard Large-Cap ETF (VV) is a ETF from Vanguard (US). Over the past year VOO returned +19.58% while VV returned +18.97%. Year to date, VOO is up 9.95% versus a gain of 9.65% for VV.

Over three years, VOO compounded at +19.43% per year against +19.55% for VV; over five years the annualized figures are +12.89% and +12.43% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +9.36%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VV has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.2% 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 -56.0% for VV. 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 1.00. 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 VV charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VOO currently yields 1.09% against 1.25% for VV.

Holdings Overlap

96.1%overlap

VOO and VV share 395 holdings out of 541 unique holdings combined, representing a 96.1% weight overlap.

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

Top Shared Holdings

StockWeight in VOOWeight in VVDifference
NVDA7.51%7.27%0.24%
AAPL6.59%6.72%0.13%
MSFT4.30%4.38%0.08%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
MUProProPro
METAProProPro
TSLAProProPro
See all 10 holdings VOO shares with VV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VOO or VV?

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

Which performed better, VOO or VV?

Over the past year VOO returned +19.58% vs +18.97% for VV, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.35% vs +9.36% for VV. Past performance does not guarantee future results.

Which is riskier, VOO or VV?

VV has been the more volatile fund at 14.8% annualized versus 14.2% for VOO. Worst drawdown: VOO -34.3% vs VV -56.0%.

Should I hold both VOO and VV?

VOO and VV have a monthly-return correlation of 1.00, 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 VV?

VOO and VV share 395 common holdings with a 96.1% weight overlap. Combined, they hold 541 unique securities.

Which pays a higher dividend, VOO or VV?

VOO yields 1.09% while VV yields 1.25%, so VV currently pays the higher dividend yield.

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