VTV vs. VTI

Last updated Jul 31, 2026

VTV (Vanguard Value ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while VTI 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 12.54%/yr vs 14.49%/yr for VTI. Their correlation of 0.91 means they have usually moved in the same direction. VTV charges 0.04%/yr vs 0.03%/yr for VTI.

Performance

VTV vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, VTV achieves a 16.68% return, which is significantly higher than VTI's 9.90% return. Over the past 10 years, VTV has underperformed VTI with an annualized return of 12.54%, while VTI has yielded a comparatively higher 14.49% annualized return.

VTV

• 1D: 0.34%
• 1M: 1.20%
• 6M: 11.66%
• YTD: 16.68%
• 1Y: 25.98%
• 3Y*: 17.14%
• 5Y*: 12.35%
• 10Y*: 12.54%
• ALL TIME*: 9.69%

VTI

• 1D: 1.62%
• 1M: -1.02%
• 6M: 7.65%
• YTD: 9.90%
• 1Y: 18.67%
• 3Y*: 18.61%
• 5Y*: 11.63%
• 10Y*: 14.49%
• ALL TIME*: 9.56%

*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)
VTI Vanguard Total Stock Market ETF	$1.06B	$1.15B	$1.24B
VTV Vanguard Value ETF	$702.76M	$700.34M	$620.98M

VTV vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	16.68%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
VTI Vanguard Total Stock Market ETF	9.90%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between VTV and VTI is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (10Y) Provides a long-term view across more market conditions.	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 VTI has dropped to 0.65 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

VTV vs. VTI - Sectors Allocation Comparison

Sectors	VTV	VTI
Financial Services	22.4%	11.8%
Technology	15.3%	36.1%
Healthcare	15.2%	9.7%
Industrials	14.3%	10.2%
Consumer Defensive	8.7%	4.3%
Energy	6.9%	3.2%
Utilities	4.8%	2.2%
Consumer Cyclical	3.9%	9.4%
Basic Materials	3.0%	1.9%
Communication Services	2.9%	9.1%
Real Estate	2.5%	2.3%

Return for Risk

VTV vs. VTI — 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

VTI

VTI Risk / Return Rank: 66
VTI Sharpe Ratio Rank: 65
VTI Sortino Ratio Rank: 63
VTI Omega Ratio Rank: 62
VTI Calmar Ratio Rank: 64
VTI 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.

VTV vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and Vanguard Total Stock Market ETF (VTI). 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	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.52	1.43	+1.09
Sortino ratio: Return per unit of downside risk	3.60	2.01	+1.60
Omega ratio: Gain probability vs. loss probability	1.45	1.26	+0.20
Calmar ratio: Return relative to maximum drawdown	4.11	2.10	+2.01
Martin ratio: Return relative to average drawdown	15.92	9.06	+6.86

VTV vs. VTI - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.52, which is higher than the VTI Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of VTV and VTI, 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. VTI - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VTV and VTI.

Drawdown Indicators

	VTV	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-55.45%	-3.82%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-8.92%	+2.57%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-19.30%	+4.78%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-25.36%	+8.32%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-35.00%	-1.78%
Current Drawdown Current decline from peak	-1.10%	-1.88%	+0.78%
Average Drawdown Average peak-to-trough decline	-7.82%	-7.99%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.07%	-0.42%

Volatility

VTV vs. VTI - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 2.62%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 3.42%. This indicates that VTV experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTV	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	3.42%	-0.80%
Volatility (6M) Calculated over the trailing 6-month period	7.73%	10.23%	-2.50%
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	13.09%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.83%	17.52%	-3.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	18.30%	-1.69%

VTV vs. VTI - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is higher than VTI'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. VTI - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.85%, more than VTI's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VTV Vanguard Value ETF	1.85%	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 VTI in my portfolio?

VTV and VTI have a correlation of 0.65, 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 VTI?

VTI has higher volatility (3.42%) compared to VTV (2.62%). In terms of maximum drawdown, VTV dropped -59.27% vs VTI's -55.45%.

Which ETF is better, VTV or VTI?

On 10-year performance, VTI leads with 14.49% vs 12.54% for VTV. On fees, VTI is cheaper at 0.03% per year. On volatility, VTV has been the lower-risk option at 2.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTV or VTI?

Over the 10-year period, VTI has performed better with a 14.49% return vs 12.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTV or VTI?

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

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

VTV has the higher dividend yield at 1.85%, compared with 1.06% for VTI.

What is the main difference between VTV and VTI?

VTV is categorized as Large Cap Value Equities, while VTI is Large Cap Blend Equities. VTV tracks CRSP US Large Cap Value Index, while VTI tracks CRSP US Total Market Index. Their fees differ too: 0.04% for VTV and 0.03% for VTI.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.52 vs 1.43), 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.