VTI vs. VV

Last updated Jun 24, 2026

VTI (Vanguard Total Stock Market ETF) and VV (Vanguard Large-Cap ETF) are both Large Cap Blend Equities funds from Vanguard - VTI tracks the CRSP US Total Market Index while VV tracks the CRSP US Large Cap Index. Both are passively managed. Over the past 10 years, VTI returned 15.14%/yr vs 15.62%/yr for VV. With a 0.99 correlation, they move nearly in lockstep. VTI charges 0.03%/yr vs 0.04%/yr for VV.

Performance

VTI vs. VV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) and Vanguard Large-Cap ETF (VV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTI achieves a 8.82% return, which is significantly higher than VV's 7.90% return. Both investments have delivered pretty close results over the past 10 years, with VTI having a 15.14% annualized return and VV not far ahead at 15.62%.

VTI

• 1D: -1.39%
• 1M: -0.84%
• YTD: 8.82%
• 6M: 7.71%
• 1Y: 24.22%
• 3Y*: 20.62%
• 5Y*: 11.90%
• 10Y*: 15.14%

VV

• 1D: -1.44%
• 1M: -1.27%
• YTD: 7.90%
• 6M: 6.95%
• 1Y: 23.37%
• 3Y*: 21.00%
• 5Y*: 12.65%
• 10Y*: 15.62%

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

VTI vs. VV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTI Vanguard Total Stock Market ETF	8.82%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%
VV Vanguard Large-Cap ETF	7.90%	18.11%	25.25%	27.18%	-19.91%	27.41%	21.04%	31.25%	-4.46%	22.00%

Correlation

The correlation between VTI and VV is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.99

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

VTI vs. VV - Sectors Allocation Comparison

Sectors	VTI	VV
Technology	37.0%	35.9%
Financial Services	11.3%	11.8%
Communication Services	9.8%	11.2%
Consumer Cyclical	9.7%	9.8%
Industrials	9.4%	8.0%
Healthcare	9.0%	8.6%
Consumer Defensive	4.3%	4.8%
Energy	3.3%	3.6%
Real Estate	2.3%	1.7%
Utilities	2.1%	2.7%
Basic Materials	1.9%	1.6%

Return for Risk

VTI vs. VV — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 58
VTI Sortino Ratio Rank: 56
VTI Omega Ratio Rank: 57
VTI Calmar Ratio Rank: 57
VTI Martin Ratio Rank: 68

VV

VV Risk / Return Rank: 57
VV Sharpe Ratio Rank: 57
VV Sortino Ratio Rank: 55
VV Omega Ratio Rank: 56
VV Calmar Ratio Rank: 54
VV Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTI vs. VV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and Vanguard Large-Cap ETF (VV). 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	VV	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.86	+0.04
Sortino ratio: Return per unit of downside risk	2.59	2.54	+0.05
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.73	2.55	+0.18
Martin ratio: Return relative to average drawdown	12.14	11.23	+0.91

VTI vs. VV - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 1.90, which is comparable to the VV Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of VTI and VV, 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. VV - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, roughly equal to the maximum VV drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VTI and VV.

Drawdown Indicators

	VTI	VV	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-54.81%	-0.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-9.21%	+0.29%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-18.97%	-0.33%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-25.66%	+0.30%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	-34.28%	-0.72%
Current Drawdown Current decline from peak	-2.85%	-3.21%	+0.36%
Average Drawdown Average peak-to-trough decline	-8.01%	-6.83%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.09%	-0.09%

Volatility

VTI vs. VV - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) and Vanguard Large-Cap ETF (VV) have volatilities of 4.95% and 4.94%, 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	VV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	4.94%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.05%	9.93%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	12.83%	12.66%	+0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	17.33%	+0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	18.21%	+0.11%

VTI vs. VV - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than VV's 0.04% 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%.

Dividends

VTI vs. VV - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.04%, more than VV's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
VV Vanguard Large-Cap ETF	1.00%	1.08%	1.24%	1.41%	1.66%	1.19%	1.46%	1.81%	2.09%	1.75%	1.98%	1.96%

Frequently Asked Questions

Can I hold both VTI and VV in my portfolio?

With a correlation of 0.99, VTI and VV 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 VV?

VTI has higher volatility (4.95%) compared to VV (4.94%). In terms of maximum drawdown, VTI dropped -55.45% vs VV's -54.81%.

Which ETF is better, VTI or VV?

On 10-year performance, VV leads with 15.62% vs 15.14% for VTI. On fees, VTI is cheaper at 0.03% per year. 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 VV?

Over the 10-year period, VV has performed better with a 15.62% return vs 15.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or VV?

VTI is cheaper with a 0.03% expense ratio, compared with 0.04% for VV.

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

VTI has the higher dividend yield at 1.04%, compared with 1.00% for VV.

What is the main difference between VTI and VV?

VTI tracks CRSP US Total Market Index, while VV tracks CRSP US Large Cap Index. Their fees differ too: 0.03% for VTI and 0.04% for VV.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.90 vs 1.86), 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.