V vs. VOE

Last updated Jun 19, 2026

V (Visa Inc.) is a stock, while VOE (Vanguard Mid-Cap Value ETF) is Mid Cap Value Equities fund tracking the CRSP US Mid Cap Value Index. Over the past 10 years, V returned 16.33%/yr vs 10.60%/yr for VOE. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

V vs. VOE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and Vanguard Mid-Cap Value ETF (VOE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V achieves a -6.31% return, which is significantly lower than VOE's 11.03% return. Over the past 10 years, V has outperformed VOE with an annualized return of 16.33%, while VOE has yielded a comparatively lower 10.60% annualized return.

V

• 1D: -0.95%
• 1M: -0.81%
• YTD: -6.31%
• 6M: -5.03%
• 1Y: -3.10%
• 3Y*: 13.51%
• 5Y*: 8.07%
• 10Y*: 16.33%

VOE

• 1D: 0.02%
• 1M: 2.46%
• YTD: 11.03%
• 6M: 11.11%
• 1Y: 23.69%
• 3Y*: 15.08%
• 5Y*: 9.72%
• 10Y*: 10.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

V vs. VOE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-6.31%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
VOE Vanguard Mid-Cap Value ETF	11.03%	12.08%	14.00%	9.85%	-7.97%	28.78%	2.65%	27.85%	-12.48%	17.07%

Correlation

The correlation between V and VOE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 19, 2008	0.57

Over the past year, the correlation between V and VOE has dropped to 0.34 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

Return for Risk

V vs. VOE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

V

V Risk / Return Rank: 33
V Sharpe Ratio Rank: 36
V Sortino Ratio Rank: 30
V Omega Ratio Rank: 29
V Calmar Ratio Rank: 36
V Martin Ratio Rank: 35

VOE

VOE Risk / Return Rank: 70
VOE Sharpe Ratio Rank: 68
VOE Sortino Ratio Rank: 70
VOE Omega Ratio Rank: 64
VOE Calmar Ratio Rank: 73
VOE Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

V vs. VOE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) and Vanguard Mid-Cap Value ETF (VOE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	V	VOE	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	2.05	-2.19
Sortino ratio: Return per unit of downside risk	-0.06	2.93	-3.00
Omega ratio: Gain probability vs. loss probability	0.99	1.36	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.18	3.44	-3.62
Martin ratio: Return relative to average drawdown	-0.39	13.00	-13.39

V vs. VOE - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.15, which is lower than the VOE Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of V and VOE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

V vs. VOE - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, smaller than the maximum VOE drawdown of -61.50%. Use the drawdown chart below to compare losses from any high point for V and VOE.

Drawdown Indicators

	V	VOE	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-61.50%	+9.60%
Max Drawdown (1Y) Largest decline over 1 year	-17.18%	-6.93%	-10.25%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-18.45%	-1.93%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-19.70%	-8.90%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-43.18%	+6.82%
Current Drawdown Current decline from peak	-11.65%	-1.70%	-9.95%
Average Drawdown Average peak-to-trough decline	-8.27%	-8.33%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.03%	1.83%	+6.20%

Volatility

V vs. VOE - Volatility Comparison

Visa Inc. (V) has a higher volatility of 5.87% compared to Vanguard Mid-Cap Value ETF (VOE) at 3.39%. This indicates that V's price experiences larger fluctuations and is considered to be riskier than VOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V	VOE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	3.39%	+2.48%
Volatility (6M) Calculated over the trailing 6-month period	16.80%	8.35%	+8.45%
Volatility (1Y) Calculated over the trailing 1-year period	21.99%	11.63%	+10.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.85%	16.03%	+6.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	18.84%	+5.63%

Dividends

V vs. VOE - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.79%, less than VOE's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
V Visa Inc.	0.79%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%
VOE Vanguard Mid-Cap Value ETF	1.87%	2.10%	2.11%	2.27%	2.27%	1.78%	2.36%	2.05%	2.75%	1.86%	1.92%	2.05%

Frequently Asked Questions

Can I hold both V and VOE in my portfolio?

V and VOE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, V or VOE?

V has higher volatility (5.87%) compared to VOE (3.39%). In terms of maximum drawdown, V dropped -51.90% vs VOE's -61.50%.

Which has better risk-adjusted returns?

VOE currently has the higher Sharpe Ratio (2.05 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.