VMFVX vs. VOO
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX) and Vanguard S&P 500 ETF (VOO).
VMFVX is managed by Vanguard. It was launched on Nov 2, 2010. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
VMFVX vs. VOO - Performance Comparison
Loading graphics...
VMFVX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMFVX Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares | -1.26% | 7.57% | 10.59% | 16.49% | -7.03% | 30.54% | 3.68% | 26.18% | -11.90% | 12.27% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, VMFVX achieves a -1.26% return, which is significantly higher than VOO's -3.66% return. Over the past 10 years, VMFVX has underperformed VOO with an annualized return of 9.82%, while VOO has yielded a comparatively higher 14.14% annualized return.
VMFVX
- 1D
- -0.21%
- 1M
- -7.63%
- YTD
- -1.26%
- 6M
- 0.32%
- 1Y
- 9.94%
- 3Y*
- 10.10%
- 5Y*
- 7.00%
- 10Y*
- 9.82%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VMFVX vs. VOO - Expense Ratio Comparison
VMFVX has a 0.08% expense ratio, which is higher than VOO'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%.
Return for Risk
VMFVX vs. VOO — Risk / Return Rank
VMFVX
VOO
VMFVX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX) and Vanguard S&P 500 ETF (VOO). 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.
| VMFVX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.52 | 1.01 | -0.48 |
Sortino ratioReturn per unit of downside risk | 0.88 | 1.53 | -0.65 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.61 | 1.55 | -0.94 |
Martin ratioReturn relative to average drawdown | 2.33 | 7.31 | -4.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VMFVX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.52 | 1.01 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.71 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.79 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.83 | -0.34 |
Correlation
The correlation between VMFVX and VOO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
VMFVX vs. VOO - Dividend Comparison
VMFVX's dividend yield for the trailing twelve months is around 1.91%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMFVX Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares | 1.91% | 1.88% | 1.81% | 1.58% | 2.04% | 1.81% | 2.48% | 1.94% | 2.01% | 1.56% | 1.42% | 1.73% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
VMFVX vs. VOO - Drawdown Comparison
The maximum VMFVX drawdown since its inception was -45.79%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMFVX and VOO.
Loading graphics...
Drawdown Indicators
| VMFVX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.79% | -33.99% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.52% | -11.98% | -2.54% |
Max Drawdown (5Y)Largest decline over 5 years | -22.46% | -24.52% | +2.06% |
Max Drawdown (10Y)Largest decline over 10 years | -45.79% | -33.99% | -11.80% |
Current DrawdownCurrent decline from peak | -9.66% | -5.55% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -3.72% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 2.55% | +1.26% |
Volatility
VMFVX vs. VOO - Volatility Comparison
The current volatility for Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX) is 4.65%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.34%. This indicates that VMFVX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VMFVX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 5.34% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 11.12% | 9.47% | +1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.51% | 18.11% | +2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 16.82% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.87% | 17.99% | +3.88% |