VTV vs. VITSX

Last updated Jun 14, 2026

VTV (Vanguard Value ETF) and VITSX (Vanguard Total Stock Market Index Fund Institutional Shares) are both funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while VITSX is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, VTV returned 12.78%/yr vs 14.94%/yr for VITSX. Their correlation of 0.91 suggests significant overlap in exposure. VTV charges 0.04%/yr vs 0.03%/yr for VITSX.

Performance

VTV vs. VITSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTV achieves a 14.29% return, which is significantly higher than VITSX's 9.11% return. Over the past 10 years, VTV has underperformed VITSX with an annualized return of 12.78%, while VITSX has yielded a comparatively higher 14.94% annualized return.

VTV

• 1D: 0.93%
• 1M: 3.87%
• YTD: 14.29%
• 6M: 13.99%
• 1Y: 27.90%
• 3Y*: 18.16%
• 5Y*: 11.76%
• 10Y*: 12.78%

VITSX

• 1D: 1.88%
• 1M: -0.74%
• YTD: 9.11%
• 6M: 9.18%
• 1Y: 25.69%
• 3Y*: 20.73%
• 5Y*: 12.10%
• 10Y*: 14.94%

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

VTV vs. VITSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	14.29%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
VITSX Vanguard Total Stock Market Index Fund Institutional Shares	9.11%	17.14%	23.25%	26.51%	-19.51%	25.74%	20.99%	30.80%	-5.18%	21.16%

Correlation

The correlation between VTV and VITSX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.91

Over the past year, the correlation between VTV and VITSX has dropped to 0.70 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

VTV vs. VITSX - Sectors Allocation Comparison

Sectors	VTV	VITSX
Financial Services	22.3%	11.9%
Healthcare	14.5%	9.1%
Industrials	14.0%	9.5%
Technology	13.4%	33.3%
Consumer Defensive	9.4%	4.7%
Energy	8.1%	3.8%
Utilities	5.2%	2.7%
Consumer Cyclical	4.0%	9.8%
Communication Services	3.3%	10.1%
Basic Materials	3.1%	2.0%
Real Estate	2.8%	2.4%

Return for Risk

VTV vs. VITSX — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 88
VTV Sharpe Ratio Rank: 89
VTV Sortino Ratio Rank: 90
VTV Omega Ratio Rank: 87
VTV Calmar Ratio Rank: 87
VTV Martin Ratio Rank: 87

VITSX

VITSX Risk / Return Rank: 72
VITSX Sharpe Ratio Rank: 70
VITSX Sortino Ratio Rank: 66
VITSX Omega Ratio Rank: 66
VITSX Calmar Ratio Rank: 74
VITSX Martin Ratio Rank: 83

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.

VTV vs. VITSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). 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	VITSX	Difference
Sharpe ratio: Return per unit of total volatility	2.61	1.94	+0.66
Sortino ratio: Return per unit of downside risk	3.71	2.65	+1.07
Omega ratio: Gain probability vs. loss probability	1.47	1.35	+0.12
Calmar ratio: Return relative to maximum drawdown	4.25	2.77	+1.48
Martin ratio: Return relative to average drawdown	16.04	12.46	+3.57

VTV vs. VITSX - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.61, which is higher than the VITSX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of VTV and VITSX, 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. VITSX - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than VITSX's maximum drawdown of -55.30%. Use the drawdown chart below to compare losses from any high point for VTV and VITSX.

Drawdown Indicators

	VTV	VITSX	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-55.30%	-3.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-8.92%	+2.57%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-19.36%	+4.84%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-25.36%	+8.32%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-34.97%	-1.81%
Current Drawdown Current decline from peak	0.00%	-2.56%	+2.56%
Average Drawdown Average peak-to-trough decline	-7.86%	-10.06%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	1.98%	-0.30%

Volatility

VTV vs. VITSX - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 3.34%, while Vanguard Total Stock Market Index Fund Institutional Shares (VITSX) has a volatility of 4.60%. This indicates that VTV experiences smaller price fluctuations and is considered to be less risky than VITSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTV	VITSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	4.60%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	9.93%	-2.11%
Volatility (1Y) Calculated over the trailing 1-year period	10.38%	12.72%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	17.44%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	18.44%	-1.76%

VTV vs. VITSX - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is higher than VITSX's 0.03% 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

VTV vs. VITSX - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, more than VITSX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VITSX Vanguard Total Stock Market Index Fund Institutional Shares	1.03%	1.12%	1.27%	1.43%	1.66%	1.21%	1.42%	1.77%	2.04%	1.71%	1.93%	1.99%
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 VITSX in my portfolio?

VTV and VITSX have a correlation of 0.70, 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 VITSX?

VITSX has higher volatility (4.60%) compared to VTV (3.34%). In terms of maximum drawdown, VTV dropped -59.27% vs VITSX's -55.30%.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.61 vs 1.94), 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.