VIOG vs. VTI

Last updated Jun 4, 2026

VIOG (Vanguard S&P Small-Cap 600 Growth ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - VIOG is a Small Cap Growth Equities fund tracking the S&P SmallCap 600 Growth Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, VIOG returned 10.83%/yr vs 15.05%/yr for VTI. Their correlation of 0.84 suggests significant overlap in exposure. VIOG charges 0.15%/yr vs 0.03%/yr for VTI.

Performance

VIOG vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIOG achieves a 15.37% return, which is significantly higher than VTI's 11.20% return. Over the past 10 years, VIOG has underperformed VTI with an annualized return of 10.83%, while VTI has yielded a comparatively higher 15.05% annualized return.

VIOG

• 1D: -0.65%
• 1M: 0.86%
• YTD: 15.37%
• 6M: 13.49%
• 1Y: 26.34%
• 3Y*: 14.40%
• 5Y*: 5.47%
• 10Y*: 10.83%

VTI

• 1D: -0.72%
• 1M: 4.99%
• YTD: 11.20%
• 6M: 11.09%
• 1Y: 28.18%
• 3Y*: 22.07%
• 5Y*: 12.69%
• 10Y*: 15.05%

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

VIOG vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIOG Vanguard S&P Small-Cap 600 Growth ETF	15.37%	5.40%	9.23%	16.92%	-21.14%	22.49%	19.68%	21.16%	-4.57%	14.70%
VTI Vanguard Total Stock Market ETF	11.20%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between VIOG and VTI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010	0.84

The correlation between VIOG and VTI has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

VIOG vs. VTI - Sectors Allocation Comparison

Sectors	VIOG	VTI
Technology	19.7%	33.5%
Industrials	19.5%	9.8%
Healthcare	14.6%	9.2%
Financial Services	13.7%	12.0%
Consumer Cyclical	10.9%	10.0%
Real Estate	6.6%	2.4%
Energy	4.1%	3.7%
Consumer Defensive	3.3%	4.7%
Basic Materials	3.1%	2.0%
Communication Services	2.7%	10.3%
Utilities	1.7%	2.3%

Return for Risk

VIOG vs. VTI — Risk / Return Rank

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

VIOG

VIOG Risk / Return Rank: 49
VIOG Sharpe Ratio Rank: 42
VIOG Sortino Ratio Rank: 45
VIOG Omega Ratio Rank: 40
VIOG Calmar Ratio Rank: 58
VIOG Martin Ratio Rank: 57

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 69
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 67
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 75

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.

VIOG vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and Vanguard Total Stock Market ETF (VTI). 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.

	VIOG	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.52	2.33	-0.81
Sortino ratio: Return per unit of downside risk	2.27	3.18	-0.92
Omega ratio: Gain probability vs. loss probability	1.27	1.42	-0.15
Calmar ratio: Return relative to maximum drawdown	2.93	3.17	-0.24
Martin ratio: Return relative to average drawdown	10.01	14.62	-4.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIOG vs. VTI - Sharpe Ratio Comparison

The current VIOG Sharpe Ratio is 1.52, which is lower than the VTI Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of VIOG and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VIOG	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	2.33	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.73	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.82	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.51	+0.09

Drawdowns

VIOG vs. VTI - Drawdown Comparison

The maximum VIOG drawdown since its inception was -41.73%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VIOG and VTI.

Drawdown Indicators

	VIOG	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-41.73%	-55.45%	+13.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-8.92%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-27.35%	-19.30%	-8.05%
Max Drawdown (5Y) Largest decline over 5 years	-29.15%	-25.36%	-3.79%
Max Drawdown (10Y) Largest decline over 10 years	-41.73%	-35.00%	-6.73%
Current Drawdown Current decline from peak	-1.47%	-0.72%	-0.75%
Average Drawdown Average peak-to-trough decline	-7.62%	-8.03%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.93%	+0.71%

Volatility

VIOG vs. VTI - Volatility Comparison

Vanguard S&P Small-Cap 600 Growth ETF (VIOG) has a higher volatility of 4.61% compared to Vanguard Total Stock Market ETF (VTI) at 2.96%. This indicates that VIOG's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIOG	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	2.96%	+1.65%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	9.13%	+3.31%
Volatility (1Y) Calculated over the trailing 1-year period	17.48%	12.17%	+5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.47%	17.40%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.84%	18.30%	+4.54%

VIOG vs. VTI - Expense Ratio Comparison

VIOG has a 0.15% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VIOG vs. VTI - Dividend Comparison

VIOG's dividend yield for the trailing twelve months is around 0.84%, less than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VIOG Vanguard S&P Small-Cap 600 Growth ETF	0.84%	1.04%	1.03%	1.15%	1.17%	0.69%	0.68%	1.09%	0.76%	0.87%	0.92%	1.04%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VIOG and VTI in my portfolio?

VIOG and VTI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIOG or VTI?

VIOG has higher volatility (4.61%) compared to VTI (2.96%). In terms of maximum drawdown, VIOG dropped -41.73% vs VTI's -55.45%.

Which ETF is better, VIOG or VTI?

On 10-year performance, VTI leads with 15.05% vs 10.83% for VIOG. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIOG or VTI?

Over the 10-year period, VTI has performed better with a 15.05% return vs 10.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIOG or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.15% for VIOG.

Which ETF pays a higher dividend yield, VIOG or VTI?

VTI has the higher dividend yield at 1.01%, compared with 0.84% for VIOG.

What is the main difference between VIOG and VTI?

VIOG is categorized as Small Cap Growth Equities, while VTI is Large Cap Blend Equities. VIOG tracks S&P SmallCap 600 Growth Index, while VTI tracks CRSP US Total Market Index. Their fees differ too: 0.15% for VIOG and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.33 vs 1.52), 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.