VTI vs. VOO

Last updated Aug 1, 2026

VTI (Vanguard Total Stock Market ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, VTI returned 14.63%/yr vs 15.14%/yr for VOO. Their 0.99 correlation means they have historically moved very closely together. Both charge a 0.03% expense ratio.

Performance

VTI vs. VOO - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with VTI having a 10.49% return and VOO slightly lower at 10.16%. Both investments have delivered pretty close results over the past 10 years, with VTI having a 14.63% annualized return and VOO not far ahead at 15.14%.

VTI

• 1D: 0.53%
• 1M: -0.29%
• 6M: 8.77%
• YTD: 10.49%
• 1Y: 19.82%
• 3Y*: 18.92%
• 5Y*: 11.74%
• 10Y*: 14.63%
• ALL TIME*: 9.58%

VOO

• 1D: 0.71%
• 1M: 0.17%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 19.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B
VTI Vanguard Total Stock Market ETF	$1.06B	$1.16B	$1.24B

VTI vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTI Vanguard Total Stock Market ETF	10.49%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between VTI and VOO is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.99
Correlation (3Y) Balances recent behavior with more history.	0.99
Correlation (5Y) Shows whether the relationship held over a longer period.	0.99
Correlation (10Y) Provides a long-term view across more market conditions.	0.99
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.99

The correlation between VTI and VOO has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

VTI vs. VOO - Sectors Allocation Comparison

Sectors	VTI	VOO
Technology	36.1%	38.6%
Financial Services	11.8%	11.4%
Industrials	10.2%	8.5%
Healthcare	9.7%	8.9%
Consumer Cyclical	9.4%	9.5%
Communication Services	9.1%	9.9%
Consumer Defensive	4.3%	4.5%
Energy	3.2%	3.0%
Real Estate	2.3%	1.8%
Utilities	2.2%	2.2%
Basic Materials	1.9%	1.7%

Return for Risk

VTI vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VTI

VTI Risk / Return Rank: 67
VTI Sharpe Ratio Rank: 67
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 65
VTI Martin Ratio Rank: 77

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

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.

VTI vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) 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.

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.

	VTI	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.53	-0.01
Sortino ratio: Return per unit of downside risk	2.12	2.13	-0.01
Omega ratio: Gain probability vs. loss probability	1.27	1.28	0.00
Calmar ratio: Return relative to maximum drawdown	2.23	2.21	+0.02
Martin ratio: Return relative to average drawdown	9.62	9.44	+0.18

VTI vs. VOO - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 1.52, which is comparable to the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of VTI and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VTI vs. VOO - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VTI and VOO.

Drawdown Indicators

	VTI	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-33.99%	-21.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-8.90%	-0.02%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-18.69%	-0.61%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-24.52%	-0.84%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-33.99%	-1.01%
Current Drawdown Current decline from peak	-1.36%	-1.38%	+0.02%
Average Drawdown Average peak-to-trough decline	-7.99%	-3.67%	-4.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.08%	-0.01%

Volatility

VTI vs. VOO - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.46% and 3.54%, 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.

Volatility by Period

	VTI	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	3.54%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	10.10%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	12.82%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	16.93%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	18.01%	+0.29%

VTI vs. VOO - Expense Ratio Comparison

Both VTI and VOO have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VTI vs. VOO - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.06%, which matches VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOO Vanguard S&P 500 ETF	1.07%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%
VTI Vanguard Total Stock Market ETF	1.06%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and VOO in my portfolio?

With a correlation of 0.99, VTI and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VTI or VOO?

VOO has higher volatility (3.54%) compared to VTI (3.46%). In terms of maximum drawdown, VTI dropped -55.45% vs VOO's -33.99%.

Which ETF is better, VTI or VOO?

On 10-year performance, VOO leads with 15.14% vs 14.63% for VTI. Both ETFs have the same 0.03% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or VOO?

Over the 10-year period, VOO has performed better with a 15.14% return vs 14.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or VOO?

VTI and VOO have the same expense ratio: 0.03% per year.

Which ETF pays a higher dividend yield, VTI or VOO?

VTI and VOO have nearly identical dividend yields, around 1.06%.

What is the main difference between VTI and VOO?

VTI is categorized as Large Cap Blend Equities, while VOO is S&P 500. VTI tracks CRSP US Total Market Index, while VOO tracks S&P 500 Index.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs 1.52), 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.