VASVX vs. VOOV

Last updated Aug 2, 2026

VASVX (Vanguard Selected Value Fund) and VOOV (Vanguard S&P 500 Value ETF) are both funds - VASVX is a Mid-Cap Value fund managed by Vanguard, while VOOV is a Large Cap Value Equities fund tracking the S&P 500 Value Index. Over the past 10 years, VASVX returned 11.39%/yr vs 11.86%/yr for VOOV. Their correlation of 0.90 means they have usually moved in the same direction. VASVX charges 0.34%/yr vs 0.07%/yr for VOOV.

Performance

VASVX vs. VOOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Selected Value Fund (VASVX) and Vanguard S&P 500 Value ETF (VOOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VASVX achieves a 16.78% return, which is significantly higher than VOOV's 10.13% return. Both investments have delivered pretty close results over the past 10 years, with VASVX having a 11.39% annualized return and VOOV not far ahead at 11.86%.

VASVX

• 1D: -0.74%
• 1M: 3.23%
• 6M: 12.37%
• YTD: 16.78%
• 1Y: 28.57%
• 3Y*: 14.24%
• 5Y*: 11.32%
• 10Y*: 11.39%
• ALL TIME*: 9.17%

VOOV

• 1D: -0.21%
• 1M: 0.60%
• 6M: 7.41%
• YTD: 10.13%
• 1Y: 21.14%
• 3Y*: 13.86%
• 5Y*: 11.47%
• 10Y*: 11.86%
• ALL TIME*: 12.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VASVX Vanguard Selected Value Fund	$0.00	$0.00	$0.00
VOOV Vanguard S&P 500 Value ETF	$15.60M	$14.29M	$15.18M

VASVX vs. VOOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VASVX Vanguard Selected Value Fund	16.78%	10.99%	6.68%	25.45%	-7.55%	27.54%	5.79%	29.55%	-19.75%	18.01%
VOOV Vanguard S&P 500 Value ETF	10.13%	13.10%	12.21%	22.15%	-5.37%	24.87%	1.23%	31.75%	-9.09%	15.26%

Correlation

The correlation between VASVX and VOOV is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.90
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.90

The correlation between VASVX and VOOV has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

VASVX vs. VOOV - Sectors Allocation Comparison

Sectors	VASVX	VOOV
Financial Services	26.4%	14.9%
Industrials	17.7%	10.7%
Consumer Cyclical	13.2%	10.5%
Basic Materials	9.8%	3.6%
Healthcare	9.5%	12.2%
Technology	8.3%	21.7%
Real Estate	5.1%	3.3%
Consumer Defensive	4.5%	8.8%
Energy	3.7%	6.6%
Communication Services	1.8%	2.7%
Utilities	0.5%	4.4%

Return for Risk

VASVX vs. VOOV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VASVX

VASVX Risk / Return Rank: 67
VASVX Sharpe Ratio Rank: 71
VASVX Sortino Ratio Rank: 74
VASVX Omega Ratio Rank: 67
VASVX Calmar Ratio Rank: 67
VASVX Martin Ratio Rank: 55

VOOV

VOOV Risk / Return Rank: 84
VOOV Sharpe Ratio Rank: 85
VOOV Sortino Ratio Rank: 84
VOOV Omega Ratio Rank: 83
VOOV Calmar Ratio Rank: 84
VOOV Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VASVX vs. VOOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Selected Value Fund (VASVX) and Vanguard S&P 500 Value ETF (VOOV). 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.

	VASVX	VOOV	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.97	-0.34
Sortino ratio: Return per unit of downside risk	2.47	2.75	-0.27
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.07
Calmar ratio: Return relative to maximum drawdown	2.14	3.13	-0.99
Martin ratio: Return relative to average drawdown	7.16	12.04	-4.89

VASVX vs. VOOV - Sharpe Ratio Comparison

The current VASVX Sharpe Ratio is 1.63, which is comparable to the VOOV Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VASVX and VOOV, 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

VASVX vs. VOOV - Drawdown Comparison

The maximum VASVX drawdown since its inception was -55.70%, which is greater than VOOV's maximum drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for VASVX and VOOV.

Drawdown Indicators

	VASVX	VOOV	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-37.31%	-18.39%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-6.27%	-5.47%
Max Drawdown (3Y) Largest decline over 3 years	-25.98%	-17.55%	-8.43%
Max Drawdown (5Y) Largest decline over 5 years	-25.98%	-18.10%	-7.88%
Max Drawdown (10Y) Largest decline over 10 years	-48.19%	-37.31%	-10.88%
Current Drawdown Current decline from peak	-1.21%	-1.13%	-0.08%
Average Drawdown Average peak-to-trough decline	-9.49%	-3.81%	-5.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	1.63%	+1.88%

Volatility

VASVX vs. VOOV - Volatility Comparison

Vanguard Selected Value Fund (VASVX) has a higher volatility of 4.23% compared to Vanguard S&P 500 Value ETF (VOOV) at 2.65%. This indicates that VASVX's price experiences larger fluctuations and is considered to be riskier than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VASVX	VOOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	2.65%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	11.26%	7.14%	+4.12%
Volatility (1Y) Calculated over the trailing 1-year period	15.48%	9.98%	+5.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.37%	14.36%	+6.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.37%	16.88%	+5.49%

VASVX vs. VOOV - Expense Ratio Comparison

VASVX has a 0.34% expense ratio, which is higher than VOOV's 0.07% expense ratio.

Dividends

VASVX vs. VOOV - Dividend Comparison

VASVX's dividend yield for the trailing twelve months is around 11.41%, more than VOOV's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VASVX Vanguard Selected Value Fund	11.41%	13.32%	14.35%	8.29%	13.22%	7.77%	10.19%	7.44%	11.90%	8.59%	4.51%	5.68%
VOOV Vanguard S&P 500 Value ETF	1.67%	1.76%	2.10%	1.69%	2.19%	1.87%	2.45%	2.10%	2.65%	2.13%	2.24%	2.36%

Frequently Asked Questions

Can I hold both VASVX and VOOV in my portfolio?

VASVX and VOOV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VASVX or VOOV?

VASVX has higher volatility (4.23%) compared to VOOV (2.65%). In terms of maximum drawdown, VASVX dropped -55.70% vs VOOV's -37.31%.

Which has better risk-adjusted returns?

VOOV currently has the higher Sharpe Ratio (1.97 vs 1.63), 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.