VTV vs. VONG

Last updated Jun 9, 2026

VTV (Vanguard Value ETF) and VONG (Vanguard Russell 1000 Growth ETF) are both exchange-traded funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while VONG is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index. Both are passively managed. Over the past 10 years, VTV returned 12.42%/yr vs 18.32%/yr for VONG. A 0.72 correlation means they provide meaningful diversification when combined. VTV charges 0.04%/yr vs 0.06%/yr for VONG.

Performance

VTV vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTV achieves a 11.91% return, which is significantly higher than VONG's 4.12% return. Over the past 10 years, VTV has underperformed VONG with an annualized return of 12.42%, while VONG has yielded a comparatively higher 18.32% annualized return.

VTV

• 1D: 0.25%
• 1M: 2.67%
• YTD: 11.91%
• 6M: 13.41%
• 1Y: 25.49%
• 3Y*: 17.72%
• 5Y*: 11.30%
• 10Y*: 12.42%

VONG

• 1D: 0.21%
• 1M: -0.46%
• YTD: 4.12%
• 6M: 3.06%
• 1Y: 21.24%
• 3Y*: 23.77%
• 5Y*: 14.57%
• 10Y*: 18.32%

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

VTV vs. VONG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	11.91%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
VONG Vanguard Russell 1000 Growth ETF	4.12%	18.45%	33.20%	42.67%	-29.18%	27.60%	38.30%	36.06%	-1.53%	30.05%

Correlation

The correlation between VTV and VONG is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010	0.72

Over the past year, the correlation between VTV and VONG has dropped to 0.41 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

VTV vs. VONG - Sectors Allocation Comparison

Sectors	VTV	VONG
Financial Services	22.3%	5.3%
Healthcare	14.5%	7.1%
Industrials	14.0%	5.7%
Technology	13.4%	51.4%
Consumer Defensive	9.4%	2.7%
Energy	8.1%	0.4%
Utilities	5.2%	0.3%
Consumer Cyclical	4.0%	13.2%
Communication Services	3.3%	13.2%
Basic Materials	3.1%	0.3%
Real Estate	2.8%	0.4%

Return for Risk

VTV vs. VONG — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 84
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 87
VTV Omega Ratio Rank: 83
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

VONG

VONG Risk / Return Rank: 37
VONG Sharpe Ratio Rank: 43
VONG Sortino Ratio Rank: 40
VONG Omega Ratio Rank: 41
VONG Calmar Ratio Rank: 30
VONG Martin Ratio Rank: 32

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. VONG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and Vanguard Russell 1000 Growth ETF (VONG). 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.

	VTV	VONG	Difference
Sharpe ratio: Return per unit of total volatility	2.52	1.36	+1.16
Sortino ratio: Return per unit of downside risk	3.58	1.87	+1.71
Omega ratio: Gain probability vs. loss probability	1.45	1.24	+0.21
Calmar ratio: Return relative to maximum drawdown	4.03	1.31	+2.72
Martin ratio: Return relative to average drawdown	15.20	4.39	+10.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTV vs. VONG - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.52, which is higher than the VONG Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of VTV and VONG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTV	VONG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	1.36	+1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.69	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.88	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.89	-0.38

Drawdowns

VTV vs. VONG - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for VTV and VONG.

Drawdown Indicators

	VTV	VONG	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-32.72%	-26.55%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-16.23%	+9.88%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-23.27%	+8.75%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-32.72%	+15.68%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-32.72%	-4.06%
Current Drawdown Current decline from peak	-1.11%	-4.47%	+3.36%
Average Drawdown Average peak-to-trough decline	-7.87%	-4.88%	-2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	4.85%	-3.17%

Volatility

VTV vs. VONG - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 2.65%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 4.78%. This indicates that VTV experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTV	VONG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	4.78%	-2.13%
Volatility (6M) Calculated over the trailing 6-month period	7.67%	12.08%	-4.41%
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	15.71%	-5.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	21.38%	-7.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	20.90%	-4.22%

VTV vs. VONG - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is lower than VONG's 0.06% 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

VTV vs. VONG - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.87%, more than VONG's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VONG Vanguard Russell 1000 Growth ETF	0.44%	0.45%	0.55%	0.71%	0.98%	0.58%	0.77%	1.03%	1.18%	1.19%	1.48%	1.47%
VTV Vanguard Value ETF	1.87%	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 VONG in my portfolio?

VTV and VONG have a correlation of 0.41, 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 VONG?

VONG has higher volatility (4.78%) compared to VTV (2.65%). In terms of maximum drawdown, VTV dropped -59.27% vs VONG's -32.72%.

Which ETF is better, VTV or VONG?

On 10-year performance, VONG leads with 18.32% vs 12.42% for VTV. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 2.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTV or VONG?

Over the 10-year period, VONG has performed better with a 18.32% return vs 12.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTV or VONG?

VTV is cheaper with a 0.04% expense ratio, compared with 0.06% for VONG.

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

VTV has the higher dividend yield at 1.87%, compared with 0.44% for VONG.

What is the main difference between VTV and VONG?

VTV is categorized as Large Cap Value Equities, while VONG is Large Cap Growth Equities. VTV tracks CRSP US Large Cap Value Index, while VONG tracks Russell 1000 Growth Index. Their fees differ too: 0.04% for VTV and 0.06% for VONG.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.52 vs 1.36), 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.