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VIG vs VTV

Vanguard Dividend Appreciation Index Fund ETF Shares vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

VIG Vanguard

Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) is an exchange-traded fund issued by Vanguard that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.60%. Launched in 2006, the fund has a 20-year track record.

AUM: $97.2B ER: 0.04% Yield: 1.60% Since: Apr 21, 2006
VTV Vanguard

Vanguard Value Index Fund ETF Shares (VTV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 2.02%. Launched in 2004, the fund has a 22-year track record.

AUM: $162.0B ER: 0.03% Yield: 2.02% Since: Jan 26, 2004

Quick Verdict

Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. VTV has edged ahead over the past year (14.1% vs 11.4%).

Key Metrics

Metric VIG VTV
Expense Ratio 0.04% 0.03%
Dividend Yield 1.6% 2.0%
Fund Family Vanguard Vanguard
Category US Dividend US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

90 104 118 132 146 160 2021-04 2022-06 2023-09 2024-12 2026-04
VIG +43.7%
VTV +47.7%

Performance Comparison

Period VIG VTV Difference
1 Month -5.05% -4.90% -0.15%
3 Months -2.23% +2.00% -4.23%
6 Months -0.97% +4.87% -5.84%
YTD -2.23% +2.00% -4.23%
1 Year +11.38% +14.12% -2.74%
3 Years +39.10% +41.26% -2.16%
5 Years +43.71% +47.66% -3.95%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VIG Fees VTV Fees You Save
$10.000 10 years $80 $60 $20
$10.000 20 years $344 $258 $86
$10.000 30 years $1.112 $835 $277
$50.000 10 years $399 $299 $100
$50.000 30 years $5.560 $4.176 $1.385
$100.000 30 years $11.121 $8.352 $2.769

Risk Metrics

Based on 5 years of daily returns

Metric VIG VTV
Annualized Volatility 14.3% 13.9%
Max Drawdown -21.5% -18.1%
Sharpe Ratio 0.27 0.31

Dividend Comparison

Metric VIG VTV
Annual Dividend (per share) $3.45 $3.97
Dividend Yield 1.60% 2.02%
Distribution Frequency Quarterly Quarterly

Top Holdings

4 of top 10 holdings overlap (40% overlap in top holdings)

VIG Top Holdings

NameWeight
Broadcom Inc.AVGO5.92%
Apple Inc.AAPL3.89%
Eli Lilly and CompanyLLY3.70%
Microsoft CorporationMSFT3.45%
JPMorgan Chase & Co.JPM3.42%
Exxon Mobil CorporationXOM2.87%
Johnson & JohnsonJNJ2.65%
Walmart Inc.WMT2.48%
Visa Inc.V2.23%
Costco Wholesale CorporationCOST1.98%

VTV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.07%
JPMorgan Chase & Co.JPM2.98%
Exxon Mobil CorporationXOM2.50%
Johnson & JohnsonJNJ2.33%
Walmart Inc.WMT2.18%
Micron Technology, Inc.MU1.81%
AbbVie Inc.ABBV1.60%
The Procter & Gamble CompanyPG1.52%
The Home Depot, Inc.HD1.47%
Chevron CorporationCVX1.39%

Which One Should You Choose?

Choose VTV if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose VTV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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