VTV vs. IUSV

Last updated Aug 5, 2026

VTV (Vanguard Value ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both Large Cap Value Equities funds - VTV tracks the CRSP US Large Cap Value Index while IUSV tracks the S&P 900 Value Index. Both are passively managed. Over the past 10 years, VTV returned 12.61%/yr vs 11.91%/yr for IUSV. Their 0.96 correlation means they have historically moved very closely together. Both charge a 0.04% expense ratio.

Performance

VTV vs. IUSV - Performance Comparison

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

Returns By Period

In the year-to-date period, VTV achieves a 18.44% return, which is significantly higher than IUSV's 12.30% return. Over the past 10 years, VTV has outperformed IUSV with an annualized return of 12.61%, while IUSV has yielded a comparatively lower 11.91% annualized return.

VTV

• 1D: 1.30%
• 1M: 2.14%
• 6M: 11.73%
• YTD: 18.44%
• 1Y: 28.99%
• 3Y*: 18.34%
• 5Y*: 12.61%
• 10Y*: 12.61%
• ALL TIME*: 9.75%

IUSV

• 1D: 1.18%
• 1M: 2.39%
• 6M: 8.57%
• YTD: 12.30%
• 1Y: 22.31%
• 3Y*: 15.08%
• 5Y*: 11.71%
• 10Y*: 11.91%
• ALL TIME*: 11.56%

*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)
IUSV iShares Core S&P U.S. Value ETF	$55.33M	$63.00M	$70.36M
VTV Vanguard Value ETF	$668.29M	$673.37M	$627.33M

VTV vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	18.44%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
IUSV iShares Core S&P U.S. Value ETF	12.30%	12.85%	12.18%	21.73%	-5.40%	25.22%	1.56%	31.47%	-9.21%	15.09%

Correlation

The correlation between VTV and IUSV 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.	0.97
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.96

The correlation between VTV and IUSV has been stable across timeframes, ranging from 0.89 to 0.97 - a consistent structural relationship.

VTV vs. IUSV - Sectors Allocation Comparison

Sectors	VTV	IUSV
Financial Services	22.4%	16.1%
Technology	15.3%	20.4%
Healthcare	15.2%	11.9%
Industrials	14.3%	11.2%
Consumer Defensive	8.7%	8.5%
Energy	6.9%	7.3%
Utilities	4.8%	4.4%
Consumer Cyclical	3.9%	10.0%
Basic Materials	3.0%	3.6%
Communication Services	2.9%	2.7%
Real Estate	2.5%	3.8%

Return for Risk

VTV vs. IUSV — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 93
VTV Sharpe Ratio Rank: 94
VTV Sortino Ratio Rank: 94
VTV Omega Ratio Rank: 93
VTV Calmar Ratio Rank: 92
VTV Martin Ratio Rank: 93

IUSV

IUSV Risk / Return Rank: 86
IUSV Sharpe Ratio Rank: 86
IUSV Sortino Ratio Rank: 86
IUSV Omega Ratio Rank: 86
IUSV Calmar Ratio Rank: 84
IUSV Martin Ratio Rank: 86

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.

VTV vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and iShares Core S&P U.S. Value ETF (IUSV). 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.

	VTV	IUSV	Difference
Sharpe ratio: Return per unit of total volatility	2.83	2.24	+0.59
Sortino ratio: Return per unit of downside risk	4.04	3.14	+0.89
Omega ratio: Gain probability vs. loss probability	1.51	1.41	+0.11
Calmar ratio: Return relative to maximum drawdown	4.59	3.52	+1.06
Martin ratio: Return relative to average drawdown	17.73	13.67	+4.07

VTV vs. IUSV - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.83, which is comparable to the IUSV Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of VTV and IUSV, 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

VTV vs. IUSV - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, roughly equal to the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for VTV and IUSV.

Drawdown Indicators

	VTV	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-56.88%	-2.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-6.36%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-17.76%	+3.24%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-17.95%	+0.91%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-37.54%	+0.76%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.81%	-6.26%	-1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.64%	0.00%

Volatility

VTV vs. IUSV - Volatility Comparison

Vanguard Value ETF (VTV) and iShares Core S&P U.S. Value ETF (IUSV) have volatilities of 2.83% and 2.78%, 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

	VTV	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	2.78%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	7.31%	+0.47%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	10.04%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	14.45%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	16.99%	-0.37%

VTV vs. IUSV - Expense Ratio Comparison

Both VTV and IUSV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VTV vs. IUSV - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, more than IUSV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUSV iShares Core S&P U.S. Value ETF	1.63%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%
VTV Vanguard Value ETF	1.83%	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

Can I hold both VTV and IUSV in my portfolio?

VTV and IUSV 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.

Which is riskier, VTV or IUSV?

VTV has higher volatility (2.83%) compared to IUSV (2.78%). In terms of maximum drawdown, VTV dropped -59.27% vs IUSV's -56.88%.

Which ETF is better, VTV or IUSV?

On 10-year performance, VTV leads with 12.61% vs 11.91% for IUSV. Both ETFs have the same 0.04% 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, VTV or IUSV?

Over the 10-year period, VTV has performed better with a 12.61% return vs 11.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTV or IUSV?

VTV and IUSV have the same expense ratio: 0.04% per year.

Which ETF pays a higher dividend yield, VTV or IUSV?

VTV has the higher dividend yield at 1.83%, compared with 1.63% for IUSV.

What is the main difference between VTV and IUSV?

VTV tracks CRSP US Large Cap Value Index, while IUSV tracks S&P 900 Value Index. They also come from different issuers: Vanguard and iShares.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.83 vs 2.24), 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.