VOT vs. VO
Compare and contrast key facts about Vanguard Mid-Cap Growth ETF (VOT) and Vanguard Mid-Cap ETF (VO).
VOT and VO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Mid Cap Growth Index. It was launched on Aug 17, 2006. VO is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Index. It was launched on Jan 26, 2004. Both VOT and VO 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: VOT or VO.
Performance
VOT vs. VO - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with VOT having a 21.39% return and VO slightly higher at 21.87%. Over the past 10 years, VOT has outperformed VO with an annualized return of 10.82%, while VO has yielded a comparatively lower 10.20% annualized return.
VOT
21.39%
6.63%
14.95%
32.26%
12.26%
10.82%
VO
21.87%
4.69%
15.49%
32.17%
11.91%
10.20%
Key characteristics
| VOT | VO | |
|---|---|---|
| Sharpe Ratio | 2.24 | 2.65 |
| Sortino Ratio | 3.01 | 3.63 |
| Omega Ratio | 1.39 | 1.46 |
| Calmar Ratio | 1.43 | 2.20 |
| Martin Ratio | 13.02 | 15.92 |
| Ulcer Index | 2.52% | 2.06% |
| Daily Std Dev | 14.65% | 12.37% |
| Max Drawdown | -60.17% | -58.89% |
| Current Drawdown | 0.00% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VOT vs. VO - Expense Ratio Comparison
VOT has a 0.07% expense ratio, which is higher than VO'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%.
Correlation
The correlation between VOT and VO is 0.96, 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
VOT vs. VO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth ETF (VOT) and Vanguard Mid-Cap ETF (VO). 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
VOT vs. VO - Dividend Comparison
VOT's dividend yield for the trailing twelve months is around 0.66%, less than VO's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOT Vanguard Mid-Cap Growth ETF | 0.66% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% | 0.79% | 0.61% |
VO Vanguard Mid-Cap ETF | 1.78% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% | 1.18% |
Drawdowns
VOT vs. VO - Drawdown Comparison
The maximum VOT drawdown since its inception was -60.17%, roughly equal to the maximum VO drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for VOT and VO. For additional features, visit the drawdowns tool.
Volatility
VOT vs. VO - Volatility Comparison
Vanguard Mid-Cap Growth ETF (VOT) has a higher volatility of 4.83% compared to Vanguard Mid-Cap ETF (VO) at 4.00%. This indicates that VOT's price experiences larger fluctuations and is considered to be riskier than VO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.