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VOOV vs. VTV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VOOV vs. VTV

Last updated Aug 2, 2026
Documentation

VOOV (Vanguard S&P 500 Value ETF) and VTV (Vanguard Value ETF) are both Large Cap Value Equities funds from Vanguard - VOOV tracks the S&P 500 Value Index while VTV tracks the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, VOOV returned 11.86%/yr vs 12.57%/yr for VTV. Their 0.95 correlation means they have historically moved very closely together. VOOV charges 0.07%/yr vs 0.04%/yr for VTV.

Performance

VOOV vs. VTV - Performance Comparison

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

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Returns By Period

In the year-to-date period, VOOV achieves a 10.13% return, which is significantly lower than VTV's 16.37% return. Over the past 10 years, VOOV has underperformed VTV with an annualized return of 11.86%, while VTV has yielded a comparatively higher 12.57% annualized return.

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%

VTV

1D
-0.27%
1M
0.36%
6M
11.27%
YTD
16.37%
1Y
27.94%
3Y*
17.12%
5Y*
12.29%
10Y*
12.57%
ALL TIME*
9.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

VOOV

Vanguard S&P 500 Value ETF
$15.60M$14.29M$15.18M

VTV

Vanguard Value ETF
$688.19M$688.42M$619.05M

VOOV vs. VTV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
VTV
Vanguard Value ETF		16.37%15.27%15.95%9.32%-2.09%26.53%2.33%25.66%-5.47%17.15%

Correlation

The correlation between VOOV and VTV is 0.89, 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.

0.89

Correlation (3Y)
Balances recent behavior with more history.

0.94

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.95

Correlation (10Y)
Provides a long-term view across more market conditions.

0.96

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2010

0.95

The correlation between VOOV and VTV has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

VOOV vs. VTV - Sectors Allocation Comparison

Sectors
VOOV
VTV

Technology

21.7%
15.3%

Financial Services

14.9%
22.4%

Healthcare

12.2%
15.2%

Industrials

10.7%
14.3%

Consumer Cyclical

10.5%
3.9%

Consumer Defensive

8.8%
8.7%

Energy

6.6%
6.9%

Utilities

4.4%
4.8%

Basic Materials

3.6%
3.0%

Real Estate

3.3%
2.5%

Communication Services

2.7%
2.9%

Technology

VOOV
21.7%
VTV
15.3%

Financial Services

VOOV
14.9%
VTV
22.4%

Healthcare

VOOV
12.2%
VTV
15.2%

Industrials

VOOV
10.7%
VTV
14.3%

Consumer Cyclical

VOOV
10.5%
VTV
3.9%

Consumer Defensive

VOOV
8.8%
VTV
8.7%

Energy

VOOV
6.6%
VTV
6.9%

Utilities

VOOV
4.4%
VTV
4.8%

Basic Materials

VOOV
3.6%
VTV
3.0%

Real Estate

VOOV
3.3%
VTV
2.5%

Communication Services

VOOV
2.7%
VTV
2.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard S&P 500 Value ETF

Vanguard Value ETF

Often compared with VOOV:
VOOV vs. VOOGVOOV vs. VOOVOOV vs. SCHDVOOV vs. VTIVOOV vs. IVEVOOV vs. QQQIVOOV vs. COWZ
Often compared with VTV:
VTV vs. VOOVTV vs. SCHDVTV vs. VTIVTV vs. VUGVTV vs. VYMVTV vs. SCHVVTV vs. VIG

Return for Risk

VOOV vs. VTV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
VOOV
VOOV Risk / Return Rank: 8484
Overall Rank
VOOV Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
VOOV Sortino Ratio Rank: 8484
Sortino Ratio Rank
VOOV Omega Ratio Rank: 8383
Omega Ratio Rank
VOOV Calmar Ratio Rank: 8484
Calmar Ratio Rank
VOOV Martin Ratio Rank: 8686
Martin Ratio Rank
VTV
VTV Risk / Return Rank: 9393
Overall Rank
VTV Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
VTV Sortino Ratio Rank: 9494
Sortino Ratio Rank
VTV Omega Ratio Rank: 9393
Omega Ratio Rank
VTV Calmar Ratio Rank: 9292
Calmar Ratio Rank
VTV Martin Ratio Rank: 9393
Martin Ratio Rank
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.

VOOV vs. VTV - Risk-Adjusted Trends Comparison

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

VOOVVTVDifference
Sharpe ratioReturn per unit of total volatility
1.97
2.62

-0.65

Sortino ratioReturn per unit of downside risk
2.75
3.74

-0.99

Omega ratioGain probability vs. loss probability

1.35

1.47

-0.12

Calmar ratioReturn relative to maximum drawdown

3.13

4.24

-1.12

Martin ratioReturn relative to average drawdown

12.04

16.42

-4.38

VOOV vs. VTV - Sharpe Ratio Comparison

The current VOOV Sharpe Ratio is 1.97, which is comparable to the VTV Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of VOOV and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

VOOV vs. VTV - Drawdown Comparison

The maximum VOOV drawdown since its inception was -37.31%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for VOOV and VTV.

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Drawdown Indicators

VOOVVTVDifference

Max Drawdown

Largest peak-to-trough decline

-37.31%

-59.27%

+21.96%

Max Drawdown (1Y)

Largest decline over 1 year

-6.27%

-6.35%

+0.08%

Max Drawdown (3Y)

Largest decline over 3 years

-17.55%

-14.52%

-3.03%

Max Drawdown (5Y)

Largest decline over 5 years

-18.10%

-17.04%

-1.06%

Max Drawdown (10Y)

Largest decline over 10 years

-37.31%

-36.78%

-0.53%

Current Drawdown

Current decline from peak

-1.13%

-1.36%

+0.23%

Average Drawdown

Average peak-to-trough decline

-3.81%

-7.82%

+4.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

1.64%

-0.01%

Volatility

VOOV vs. VTV - Volatility Comparison

Vanguard S&P 500 Value ETF (VOOV) and Vanguard Value ETF (VTV) have volatilities of 2.65% and 2.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VOOVVTVDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.65%

2.62%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

7.14%

7.72%

-0.58%

Volatility (1Y)

Calculated over the trailing 1-year period

9.98%

10.36%

-0.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.36%

13.82%

+0.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.88%

16.61%

+0.27%

VOOV vs. VTV - Expense Ratio Comparison

VOOV has a 0.07% expense ratio, which is higher than VTV's 0.04% 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

VOOV vs. VTV - Dividend Comparison

VOOV's dividend yield for the trailing twelve months is around 1.67%, less than VTV's 1.86% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VTV
Vanguard Value ETF		1.86%2.05%2.31%2.46%2.52%2.15%2.56%2.50%2.73%2.29%2.44%2.60%

Frequently Asked Questions

VOOV and VTV have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VOOV has higher volatility (2.65%) compared to VTV (2.62%). In terms of maximum drawdown, VOOV dropped -37.31% vs VTV's -59.27%.

On 10-year performance, VTV leads with 12.57% vs 11.86% for VOOV. On fees, VTV is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VTV has performed better with a 12.57% return vs 11.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTV is cheaper with a 0.04% expense ratio, compared with 0.07% for VOOV.

VTV has the higher dividend yield at 1.86%, compared with 1.67% for VOOV.

VOOV tracks S&P 500 Value Index, while VTV tracks CRSP US Large Cap Value Index. Their fees differ too: 0.07% for VOOV and 0.04% for VTV.

VTV currently has the higher Sharpe Ratio (2.62 vs 1.97), 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.

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