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VOE vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VOE and VOO is 0.88, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

VOE vs. VOO - Performance Comparison

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

300.00%350.00%400.00%450.00%500.00%550.00%600.00%650.00%NovemberDecember2025FebruaryMarchApril
358.35%
552.28%
VOE
VOO

Key characteristics

Sharpe Ratio

VOE:

0.39

VOO:

0.57

Sortino Ratio

VOE:

0.65

VOO:

0.92

Omega Ratio

VOE:

1.09

VOO:

1.13

Calmar Ratio

VOE:

0.35

VOO:

0.58

Martin Ratio

VOE:

1.23

VOO:

2.42

Ulcer Index

VOE:

5.23%

VOO:

4.51%

Daily Std Dev

VOE:

16.63%

VOO:

19.17%

Max Drawdown

VOE:

-61.54%

VOO:

-33.99%

Current Drawdown

VOE:

-10.72%

VOO:

-10.56%

Returns By Period

In the year-to-date period, VOE achieves a -3.36% return, which is significantly higher than VOO's -6.43% return. Over the past 10 years, VOE has underperformed VOO with an annualized return of 7.79%, while VOO has yielded a comparatively higher 12.02% annualized return.


VOE

YTD

-3.36%

1M

-3.81%

6M

-6.26%

1Y

5.72%

5Y*

14.70%

10Y*

7.79%

VOO

YTD

-6.43%

1M

-4.99%

6M

-5.02%

1Y

9.61%

5Y*

15.88%

10Y*

12.02%

*Annualized

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VOE vs. VOO - Expense Ratio Comparison

VOE has a 0.07% 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%.


Expense ratio chart for VOE: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOE: 0.07%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

VOE vs. VOO — Risk-Adjusted Performance Rank

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

VOE
The Risk-Adjusted Performance Rank of VOE is 5151
Overall Rank
The Sharpe Ratio Rank of VOE is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of VOE is 5151
Sortino Ratio Rank
The Omega Ratio Rank of VOE is 5050
Omega Ratio Rank
The Calmar Ratio Rank of VOE is 5252
Calmar Ratio Rank
The Martin Ratio Rank of VOE is 4949
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6666
Overall Rank
The Sharpe Ratio Rank of VOO is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6464
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6666
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7070
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VOE vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value ETF (VOE) 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.


The chart of Sharpe ratio for VOE, currently valued at 0.39, compared to the broader market-1.000.001.002.003.004.00
VOE: 0.39
VOO: 0.57
The chart of Sortino ratio for VOE, currently valued at 0.65, compared to the broader market-2.000.002.004.006.008.00
VOE: 0.65
VOO: 0.92
The chart of Omega ratio for VOE, currently valued at 1.09, compared to the broader market0.501.001.502.002.50
VOE: 1.09
VOO: 1.13
The chart of Calmar ratio for VOE, currently valued at 0.35, compared to the broader market0.002.004.006.008.0010.0012.00
VOE: 0.35
VOO: 0.58
The chart of Martin ratio for VOE, currently valued at 1.23, compared to the broader market0.0020.0040.0060.00
VOE: 1.23
VOO: 2.42

The current VOE Sharpe Ratio is 0.39, which is lower than the VOO Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of VOE and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.39
0.57
VOE
VOO

Dividends

VOE vs. VOO - Dividend Comparison

VOE's dividend yield for the trailing twelve months is around 2.41%, more than VOO's 1.39% yield.


TTM20242023202220212020201920182017201620152014
VOE
Vanguard Mid-Cap Value ETF
2.41%2.11%2.27%2.27%1.78%2.36%2.05%2.75%1.86%1.92%2.05%1.67%
VOO
Vanguard S&P 500 ETF
1.39%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

VOE vs. VOO - Drawdown Comparison

The maximum VOE drawdown since its inception was -61.54%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VOE and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.72%
-10.56%
VOE
VOO

Volatility

VOE vs. VOO - Volatility Comparison

The current volatility for Vanguard Mid-Cap Value ETF (VOE) is 11.96%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.97%. This indicates that VOE 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.96%
13.97%
VOE
VOO