VOE vs. VONV
Compare and contrast key facts about Vanguard Mid-Cap Value ETF (VOE) and Vanguard Russell 1000 Value ETF (VONV).
VOE and VONV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOE is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Value Index. It was launched on Aug 17, 2006. VONV is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 20, 2010. Both VOE and VONV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOE or VONV.
Performance
VOE vs. VONV - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VOE having a 21.23% return and VONV slightly lower at 20.51%. Both investments have delivered pretty close results over the past 10 years, with VOE having a 9.24% annualized return and VONV not far behind at 9.00%.
VOE
21.23%
2.98%
14.99%
30.91%
10.93%
9.24%
VONV
20.51%
2.56%
12.90%
28.76%
10.54%
9.00%
Key characteristics
| VOE | VONV | |
|---|---|---|
| Sharpe Ratio | 2.69 | 2.71 |
| Sortino Ratio | 3.72 | 3.81 |
| Omega Ratio | 1.47 | 1.49 |
| Calmar Ratio | 3.70 | 5.38 |
| Martin Ratio | 16.37 | 16.90 |
| Ulcer Index | 1.93% | 1.73% |
| Daily Std Dev | 11.77% | 10.80% |
| Max Drawdown | -61.55% | -38.21% |
| Current Drawdown | 0.00% | -0.08% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VOE vs. VONV - Expense Ratio Comparison
VOE has a 0.07% expense ratio, which is lower than VONV's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VOE and VONV is 0.94, 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.
Risk-Adjusted Performance
VOE vs. VONV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value ETF (VOE) and Vanguard Russell 1000 Value ETF (VONV). 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.
Dividends
VOE vs. VONV - Dividend Comparison
VOE's dividend yield for the trailing twelve months is around 2.04%, more than VONV's 1.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOE Vanguard Mid-Cap Value ETF | 2.04% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.92% | 2.05% | 1.67% | 1.53% |
VONV Vanguard Russell 1000 Value ETF | 1.88% | 2.09% | 2.23% | 1.67% | 2.25% | 2.30% | 2.56% | 2.18% | 2.39% | 2.38% | 2.10% | 1.92% |
Drawdowns
VOE vs. VONV - Drawdown Comparison
The maximum VOE drawdown since its inception was -61.55%, which is greater than VONV's maximum drawdown of -38.21%. Use the drawdown chart below to compare losses from any high point for VOE and VONV. For additional features, visit the drawdowns tool.
Volatility
VOE vs. VONV - Volatility Comparison
The current volatility for Vanguard Mid-Cap Value ETF (VOE) is 3.59%, while Vanguard Russell 1000 Value ETF (VONV) has a volatility of 3.83%. This indicates that VOE experiences smaller price fluctuations and is considered to be less risky than VONV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.